Question

Assertion and reasoning question:

• Assertion (A): With a rising price, the supply of a commodity falls.
• Reasoning(R): Seller earns more profit at a higher price.

Options

• Assertion (A) is true but Reasoning (R) is false.

• Assertion (A) is false but Reasoning (R) is true.

• Both statements (A) and (R) are true and (R) is the correct explanation of (A).

• Both statements (A) and (R) are true and (R) is not the correct explanation of (A).

Answer 1

Assertion (A) is false but Reasoning (R) is true.