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प्रश्न
Assertion (A): A competitive firm demand curve is downward sloping.
Reason (R): A individual firm under perfect competition has no control over price.
पर्याय
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Assertion (A) is true but Reason (R) is false.
Assertion (A) is false but Reason (R) is true.
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उत्तर
Assertion (A) is false but Reason (R) is true.
Explanation:
The assertion is false because an individual competitive firm faces a perfectly elastic (horizontal) demand curve, meaning it can sell any quantity at the prevailing market price rather than facing a downward slope. The reason is true because, under perfect competition, the presence of a large number of sellers trading homogeneous products means that no single firm can affect market price.
