Question

Assertion (A): In local Markets the buyers and sellers are limited to the local region or area.
Reason (R): A market is not restricted to one physical or geographical location.

Options

• Both, A and R, are true and R is the correct explanation of A

• Both, A and R, are true but R is not the correct explanation of A

• If A is true but R is false

• If A is false but R is true

Answer 1

Both, A and R, are true but R is not the correct explanation of A