Assertion ( A):Market activities are performed for pay or
profit.
Reason(R) : Non – market activities are performed for self
consumption.
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Answer:
both a and r true but r is not the correct explanation of a....
Explanation:
in market activities , eg. farmers sell things to the traders and traders sell it in a market at the reasonable cost , sometimes they gain profit by selling them at a high cost which means that they have to pay farmers for the things they bought from them by bargaining with them and earns profit...
while in non market activities we dont sell things in the market ...it just for self consumption...
hope it will help you...
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