Download App

A Demand Analysis — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsA Demand Analysis1 Mark
Question
Assertion (A) – Increase in demand refers rise in quantity demanded due to favourable changes in other factors and price remains constant.
Reasoning (R) – Decrease in demand refers to fall in quantity demand due to unfavourable changes in other factors and price remains constant.
(i) (A) is true but (R) is false.
(ii) (A) is false but (R) is true.
(iii) Both (A) and (R) is true and (R) is the correct explanation of (A).
(iv) Both (A) and (R) is True but (R) is not the ) correct explanation of (A).
✓

Answer

(iii) Both (A) and (R) is true and (R) is the correct explanation of (A).

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Assertion and Reasoning" from A Demand Analysis→A Demand Analysis — all question types→Economics STD 12 Commerce / Arts question papers→Maharashtra Board STD 12 Commerce / Arts question papers→Maharashtra Board question paper generator→

Similar questions

Assertion (A) – National income is the flow concept.
Reasoning (R) – It considers the production of goods and services in the economy during a year.
→
Assertion (A) – While estimating NI indirect taxes included in the market prices are to be deducted.
Reasoning (R) – Indirect taxes are deducted to get accurate estimation of NI.
→
Assertion (A) – National income is the micro economic concept.
Reasoning (R) – Micro economics deals with aggregate.
→
Assertion (A) : International trade consists of transaction between residents of different countries.
Reasoning (R): This is given by Wasserman and Hultman
(i) Both (A) and (R) are true and (R) is the correct reason for (A).
(ii) Both (A) and (R) are true but (R) is not the correct reason for (A).
(iii) (A) is true but (R) is false.
(iv) (A) and (R) both are false.
→
Assertion (A) – Micro of a small part of the national economy.
Reasoning (R) – Micro economics divides the economy into small units.
(i) (A) is true but (R) is false.
(ii) (A) is false but (R) is true.
(iii) Both (A) and (R) are true and (R) is the correct explanation of (A).
(iv) Both (A) and (R) are true and (R) is not the correct explanation of (A).
→
Assertion (A) – The small producers do not keep an account of their production. Reasoning (R) – Most of the small producers are ignorant and illiterate.
→
Assertion (A) – National dividend is that part of objective income of the community including of course income derived from abroad which can be measured in money. Reasoning (R) – This is given by Prof. A. C. Pigou.
→
Assertion (A) – Macro economic analyses shows how the general price level is determined.
Reasoning (R) – The study of general price level is important on account of the problems created by inflation and deflation.
(i) (A) is true but (R) is false.
(ii) (A) is false but (R) is true.
(iii) Both (A) and (R) are true and (R) is the correct explanation of (A).
(iv) Both (A) and (R) are true and (R) is not the correct explanation of (A).
→
Assertion (A) – Macro economics studies overall conditions in the economy.
Reasoning (R) – Micro economics deals with National income and employment.
(i) (A) is true but (R) is false.
(ii) (A) is false but (R) is true.
(iii) Both (A) and (R) are true and (R) is the correct explanation of (A).
(iv) Both (A) and (R) are true and (R) is not the correct explanation of (A).
→
Assertion (A) – Cross elasticity of non – related goods is more than one.
Reasoning (R) – Tea and books are the examples of non-related goods.
(i) (A) is true but (R) is false.
(ii) (A) is false but (R) is true.
(iii) Both (A) and (R) are true and (R) is the correct explanation of (A).
(iv) Both (A) and (R) are true and (R) is not the correct explanation of (A).
→