Assertion (A): Intermediate goods have direct demand
Assertion (A): Intermediate goods have direct demand.
Reason (R): the demand for intermediate goods depends on demand for final goods.
Alternatives:
(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
Anurag Pathak Changed status to publish December 6, 2023
Ans – (d)
Explanation:-
Intermediate goods do not have direct demand. These have derived demand. Their demand depends upon the demand of the final goods.
Thus Assertion (A) is False, Reason is True.
Anurag Pathak Changed status to publish December 6, 2023
