Question

• Assertion (A): Microeconomics is also known as Price Theory.
• Reasoning (R): Microeconomics is a study of economy-wide aggregates.

Options

• (A) is True, but (R) is False.

• (A) is False, but (R) is True.

• Both (A) and (R) are True and (R) is the correct explanation of (A).

• Both (A) and (R) are True and (R) is not the correct explanation of (A).

Answer 1

(A) is True, but (R) is False.