MCQ
Assertion (A): MEC – depends on the Demand yield from a capital asset.
Reason (R): MEC – depends on the Supply price of a capital asset.
Reason (R): MEC – depends on the Supply price of a capital asset.
- ABoth ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
- BBoth ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
- C‘A’ is true but ‘R’ is false
- ✓‘A’ is false but ‘R’ is true