Q4) ASSERTION- (A) When percentage changes in quantity supplied of a commodity is exactly equal to percentage change in its price, the elasticity of supply is unitary elastic In this case Co-efficiency of price elasticity of supply is one REASON(R)- The curve representing unitary elastic supply is an upward sloping straight line supply curve shooting from Y-axis or negative X-axis ALTERNATIVES - (A) Both assertion (A) and Reason (B)are true and Reason (R) is the correct explanation of assertion (A) (B) Both assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of assertion (A) (C) Assertion (A) is true but Reason (R) is false (D) Assertion (A) is false but Reason (R) is true (1)
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