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Model Paper 4 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 41 Mark
MCQ
Assertion (A): Goods whose demand is higher offer high prices and low profits to the producers.
Reason (R): The producers will produce those goods which are more in demand and less in supply.
  • A
    Both A and R are true and R is the correct explanation of A.
  • B
    Both A and R are true but R is not the correct explanation of A
  • C
    A is true but R is false.
  • ✓
    A is false but R is true.
✓

Answer

Correct option: D.
A is false but R is true.
(d) A is false but R is true.
Explanation: Goods whose demand is higher offer high prices and high profits to the producers. The producers will produce those goods which are more in demand and less in supply.

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