Assertion and Reasoning type of question

1) Assertion (A): Degree of price elasticity is less than one in case of relatively inelastic demand.
    Reasoning (R): Change in demand is less than the change in price.
Options
a) (A) is true, but (R) is false
b) (A) is false, but (R) is true
c) Both (A) and (R) are true and (R) is the correct explanation of (A)
d) Both (A) and (R) are true and (R) is not the correct explanation of (A)
Ans:- c) Both (A) and (R) are true and (R) is the correct explanation of (A)

2. Assertion (A): A change in quantity demanded of one commodity due to a change in the price of other commodity is cross elasticity
    Reasoning (R): Changes in consumer income leads to a change in the quantity demanded.
Options
a) (A) is true, but (R) is false
b) (A) is false, but (R) is true
c) Both (A) and (R) are true and (R) is the correct explanation of (A)
d) Both (A) and (R) are true and (R) is not the correct explanation of (A)
Ans:-d) Both (A) and (R) are true and (R) is not the correct explanation of (A)

3. Assertion (A): Elasticity of demand explains that one variable is influenced by another variable.
    Reasoning (R): The concept of elasticity of demand indicates the effect of price and changes in other factors on demand.
Options
a) (A) is true, but (R) is false
b) (A) is false, but (R) is true
c) Both (A) and (R) are true and (R) is the correct explanation of (A)
d) Both (A) and (R) are true and (R) is not the correct explanation of (A)
Ans:- d)Both (A) and (R) are true and (R) is not the correct explanation of (A)