Assertion(A): The demand for necessary goods is generally elastic… - Vidyadip

MCQ

Assertion(A): The demand for necessary goods is generally elastic.
Reason(R): Necessary goods are bought in fixed quantities irrespective of their prices.

A
Both Assertion(A) and Reason(R) are true and Reason(R) is the correct explanation of Assertion(A).
B
Both Assertion(A) and Reason(R) are true and Reason(R) is not the correct explanation of Assertion(A).
C
Assertion(A) is true but Reason(R) is false.
✓
Assertion(A) is false but Reason(R) is true.

✓

Answer

Correct option: D.

Assertion(A) is false but Reason(R) is true.

D

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