Question

(3) Assertion (A) - Unitary elastic demand has rectangular hyperbola curve.
Reasoning (R) – 50% decrease in price, brings 50% increase in demand of a
commodity.
(i) (A) is true but (R) is false
(ü (A) is false but (R) is true.
(ii) Both (A) and (R) are true and (R) is not the correct explanation of (A)
(iv) Both (A) and (R) are true but (R) is the correct explanation of (A).​

Answer 1

Answer:

Explanation:

(i) (A) is true but (R) is false