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

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsA Demand Analysis1 Mark
Question
Assertion (A) – Individual demand refers to the quantity of a commodity demanded by particular consumer.
Reasoning (R) – Market demand refers to the total demand for commodity from all the consumers.
(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

(iv) Both (A) and (R) is true but (R) is not the correct explanation of (A).

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