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Questions
Assertion (A): Demand curve is downward sloping.
Reason (R): Demand curve slopes downwards from left to the right because price and quantity demanded are inversely related.
Assertion (A): Demand curve slopes downwards from left to the right.
Reason (R): Demand curve slopes downwards from left to the right because price and quantity demanded are inversely related.
Options
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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Solution
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Explanation:
The assertion is true since a standard demand curve slopes downward from left to right. The reason is also true and completely explains the assertion since it emphasises the rule of demand: a buyer typically buys more of a commodity when its price decreases and less when its price rises, resulting in an obvious inverse relationship that causes the downward slope.
