1.

Assertion (A): Every production is organised by combining land, labour, physical capital and human capital, which are known as factors of production. Reason (R): Raw materials and money in hand are called working capital.

Answer»

Both A and RARE TRUE and R is the correct EXPLANATION of A.
Both A and R are true but is not the correct explanation of A.
A is true but R is FALSE.
A is false but R is true.

Answer :B


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