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in Consumption and Investment Functions by (49.7k points)

Assertion (A): MEC – depends on the Demand yield from a capital asset. 

Reason (R): MEC – depends on the Supply price of a capital asset.

(a) Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’ 

(b) Both ‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’ 

(c) ‘A’ is true but ‘R’ is false 

(d) ‘A’ is false but ‘R’ is true

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1 Answer

+1 vote
by (48.8k points)

(d) ‘A’ is false but ‘R’ is true

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