Price of a commodity is measured by the amount of labour required to produce it.
A. Both (i) and (ii) are false
B. Both (i) and (ii) are true
C. (i) is true but (ii) is false
D. (i) is false but (ii) is true
Answer:B
Price of a commodity is measured by the amount of labour required to produce it.
A. Both (i) and (ii) are false B. Both (i) and (ii) are true C. (i) is true but (ii) is false D. (i) is false but (ii) is true