Question

Assertion (A)Production concept focuses on increasing scale of production to reduce price of products.

Reasoning (R)Production concept is used where demand is more than supply. 

a) Both are correct and (R) is the correct explanation of (A) 

b) Both are correct but (R) is not the correct explanation of (A) 

c) Both statements are incorrect 

d) (A) is correct but (R) is incorrect

Answer 1

Correct option is b) Both are correct but (R) is not the correct explanation of (A)

Reason is not the correct explanation of assertion as production concept focuses on increasing scale of production to increase demand of product in the market