Question

Assertion (A) With a rise in price of inputs, equilibrium price will increase.

Reason (R) Equilibrium price will increase as supply will decrease due to rise

in cost of production.

(A) Both Assertion (A) and Reason (R) are true and Reason is correct

explanation of Assertion.

(B) Both Assertion (A) and Reason(R) are true and Reason is not the correct

explanation of Assertion.

(C) Assertion (A) is true but Reason(R) is false.

(D) Assertion (A) is false but Reason(R) is true​

Answer 1

Answer:

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