Given below are two statements, one labelled as Assertion (AS) and other labelled as Reason (R). Select your answer from the codes given below:Assertion (AS): Regional disparities tend to reduce over time in a competitive free market economy.Reason (R): The factors of production move from one region to another to maximize their rate of returns.Codes:

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TuteeHUB · Accepted Answer

Both (AS) and (R) are true, but (R) is not the correct explanation.

TuteeHUB · Answer

Both (AS) and (R) are true and (R) is the correct explanation.

TuteeHUB · Answer

(AS) is true, but (R) is false.

TuteeHUB · Answer

(AS) is false, but (R) is true.

1.	Given below are two statements, one labelled as Assertion (AS) and other labelled as Reason (R). Select your answer from the codes given below:Assertion (AS): Regional disparities tend to reduce over time in a competitive free market economy.Reason (R): The factors of production move from one region to another to maximize their rate of returns.Codes:
A.	Both (AS) and (R) are true and (R) is the correct explanation.
B.	Both (AS) and (R) are true, but (R) is not the correct explanation.
C.	(AS) is true, but (R) is false.
D.	(AS) is false, but (R) is true.
Answer» B. Both (AS) and (R) are true, but (R) is not the correct explanation.

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