Practice question

MCQ

Question

Assertion (A): We can still encounter barter system in modern economic system.
Reason (R): People exchange old clothes for utensils.Alternatives

Options

Choose one · Correct answer highlighted

Both Assertion (A) and Reason(R)aretrue and Reason (R) is the correct explanation of Assertion (A) Correct Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A) Assertion (A) is true, but Reason (R) is false Assertion (A) is false, but Reason (R) is true

Explanation

Both Assertion (A) and Reason(R)aretrue and correct per microeconomics basics; central problems scarcity choice opportunity cost.

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Assertion (A): We can still encounter barter system in modern economic system. Reason (R): People exchange old clothes for utensils.Alternatives

Options

Explanation

Comments

Related blogs

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Assertion (A): We can still encounter barter system in modern economic system.
Reason (R): People exchange old clothes for utensils.Alternatives