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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) – Variations in demand refers to change in quantity demanded due to change in price alone and other factors remain constant.
Reasoning (R) – Increase in demand and decrease in demand are the types of variations in demand.
(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

(i) (A) is true but (R) is false.

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