Assertion (A): A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity.
Reasoning (R): Changes in consumers income leads to a change in the quantity demanded.
Options : 1) (A) is True, but (R) is False
2) (A) is False, but (R) is True
3) Both (A) and (R) are True and (R) is the correct explanation of (A)
4) Both (A) and (R) are True and (R) is not the correct explanation of (A).
Answers
Answered by
4
Answer:
4
Explanation:
because there are exceptions for change in income demand .if we are considering one factor others will be Ceteris paribus so r can't be a perfect explanation
Answered by
1
Answer:
4 is your answer
Explanation:
hope it helps you
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