Question

Assertion (A): A change in quantity demanded of one commodity due to a change in the price of another commodity is cross elasticity.

Reasoning (R): Changes in consumer income lead to a change in the quantity demanded.

Options

• (A) is true, but (R) is false.

• (A) is false, but (R) is true.

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

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

Answer 1

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