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Assertion (A): Law of Supply is a qualitative statement. Reason (R): Law of
Economic Applications
Theory of Supply
Question
Updated
19 Aug 2026
Assertion (A): Law of Supply is a qualitative statement. Reason (R): Law of Supply indicates the magnitude of change in the quantity supplied.
A
Choose Your Answer
A
Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B
Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
C
Assertion (A) is true but Reason (R) is false.
D
Assertion (A) is false but Reason (R) is true.
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