Reason (R) : Perfect competition is a market situation where there are infinite number of sellers.
A. Both (A. and (R) are true, (R) is the correct explanation of (A)
B. Both (A) and (R) are true, (R) is not the correct explanation of (A)
C. Both (A) and (R) are false.
D. (A) is true but (R) is false.
Answer:A
Reason (R) : Perfect competition is a market situation where there are infinite number of sellers.
A. Both (A. and (R) are true, (R) is the correct explanation of (A) B. Both (A) and (R) are true, (R) is not the correct explanation of (A) C. Both (A) and (R) are false. D. (A) is true but (R) is false.