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Question : Assertion: The desire for complementary commodities is shared.
Reason: In order to fulfill a specific need, complementary goods are simultaneously demanded.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is True


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)


Solution : Joint or complementary demand is when two or more goods are jointly sought at the same time to fulfill a single want. When two or more goods or services are desired concurrently, it is referred to as joint demand.
Hence option a is the correct answer.

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