1.

Assertion (A): Price of a commodity is measured by the amount of labour required to produce it. Reason (R): Trade is one of the Demerit. (a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’ (b) Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’ (c) ‘A’ is true but ‘R’ is false (d) ‘A’ is false but ‘R’ is true

Answer»

(c) ‘A’ is true but ‘R’ is false



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