Concern step one. Need (R) – Markets demand is the overall interest in item away from all the brand new customers. (i) (A) is valid however, (R) was not the case. (ii) (A) is actually not the case but (R) is true. . (iii) One another (A) and you can (R) is true and you may (R) ‘s the best reason of (A). (iv) Both (A) and you may (R) is true but (R) is not the best need out of (A). Answer: (iv) One another (A) and you will (R) is valid but (R) is not the best factor out-of (A).

Question 2. Denial (A) – Limited electricity continues on diminishing having a rise in new inventory from ) a commodity. I Cause (R) – To purchase power out-of a buyers expands when the cost of good commodity develops. 5- (i) (A) is valid but (R) was not the case. (ii) (A) is not true but (R) is true. (iii) One another (A) and you may (R) holds true and you may (R) ‘s the best l reasons regarding (A). (iv) Both (A) and you can (R) is true but (R) isn’t the ( right explanation out of (A). Answer: (i) (A) is valid but (R) is actually not true.

Matter step three. Assertion (A) – Indirect request refers to the need for goods and services hence are essential for additional development. Reason (R) – All products regarding manufacturing have indirect or derived request. (i) (A) is valid but (R) was not the case. (ii) (A) is false but (R) is true. (iii) Both (A) and you will (R) is true and (R) is the best reason off (A). (iv) Each other (A) and you can (R) is valid however, (R) is not necessarily the best explanation off (A).

Matter 4. Assertion (A) – When the populace size is large, interest in commodity would-be faster. Need (R) – Improvement in the expense of you to item would impact the request out-of substitute services and products. (i) (A) is true but (R) try not true. (ii) (A) was not the case however, (R) is valid. (iii) Each other (A) and (R) is true and you will (R) ‘s the correct reasons away from (A). (iv) Each other (A) and you may (R) holds true but (R) isn’t the proper reason of (A). Answer: (ii) (A) are not true however, (R) holds true.

Question 5. Reason (R) – The expense of a commodity falls, wide variety needed rises of course, if S cost of item rises, quantity required falls. (i) (A) is valid however, (R) are incorrect. (ii) (A) are incorrect but (R) is true. (iii) One another (A) and (R) holds true and you will (R) is the proper reason off (A). (iv) One another (A) and you can (R) is valid but (R) is not the right explanation off (A).

Answer: (iii) One another (A) and you will (R) is valid and you will (R) is the correct reasons off (A)

Question 6. Denial (A) – In the event the individual can be acceptance the long term price of an item following it will impact the establish request off a product. Need (R) – Ram buy’s faster mangoes when you look at the anticipation of going they at minimal speed in the subsequent time. (i) (A) holds true but (R) is actually not true. (ii) (A) is actually not true but (R) holds true. (iii) One another (A) and you may (R) is valid and (R) ‘s the right cause regarding (A). (iv) Both (A) and you can (R) is valid however, (R) is not the correct reasons of (A).

Assertion (A) – Request contour mountains downwards wing of left to help you best

Matter 7. Assertion (A) – Differences in request describes change in numbers necessary on account of change in speed alone or any other points are still constant. Reasoning (R) – Upsurge in request and you will reduced amount of demand may be the version of differences in request. (i) (A) is true however, (R) try not true. (ii) (A) try not the case but (R) holds true. (iii) One another (A) and you may (R) is valid and you may (R) is the correct factor off (A). (iv) Each other (A) and (R) is valid but (R) is not necessarily the correct cause out-of (A). Answer: (i) (A) is true however, (R) is actually untrue.