Question

In the given question given below there are two statements marked as assertion and reason read the statement and choose the correct option

Assertion : Demand for a good is defined as an amount of commodity for which people are willing to pay and buy.

Reason : Supply of goods is the quantity that the supplier are willing to put in the market.

Option 1 : Both A and R are true and R is the correct explanation of A

Option 2 : Both A and R are true and R is not the correct explanation of A

Option 3 : A is correct but R is wrong

Option 4 : A is wrong but R is correct

IF YOU GIVE THE CORRECT ANSWER WITH EXPLANATIONS THEN I WILL SURELY MARK YOUR ANSWER AS BRAINLIST ANSWER ​

Answer 1

Answer:

Option 1: Both A and R are true and R is the correct explanation of A

Explanation:

When the demand is high that time valu is also high for the goods. So, that's why when supply is good damand also be high.