Assertion–Reason (Why is saffron the costliest spice?)\nAssertion (A): Saffron is the costliest spice in the world.\nReason (R1): Cultivation and production of saffron are painstaking and expensive.\nReason (R2): Saffron is highly sought after as a spice.\nChoose which reason(s) truly explain A.

Difficulty: Easy

Correct Answer: If both (R1) and (R2) are reasons for the assertion (A).

Explanation:


Introduction / Context:
Saffron’s price reflects extreme labor inputs (stigmas hand-harvested from crocus flowers) and strong culinary/pharmacological demand. The Assertion–Reason test asks whether costliest pricing (A) is explained by production cost (R1) and demand (R2).



Given Data / Assumptions:


  • A: Saffron is the costliest spice.
  • R1: Production is painstaking and expensive (very low yield per flower, intense manual labor).
  • R2: Saffron remains highly desired (flavor, color, perceived health/cultural value).


Concept / Approach:
Price level is co-determined by supply-side scarcity/cost and demand-side willingness to pay. Saffron exhibits both: high marginal cost and limited supply (R1) plus persistent demand (R2).



Step-by-Step Solution:


1) R1 → A: High costs and low yields constrain supply → higher equilibrium prices.2) R2 → A: Robust demand sustains those high prices over time.3) Together, R1+R2 provide a complete economic explanation.


Verification / Alternative check:
If either component vanished (cheap mechanized production or weak demand), price would fall—confirming both reasons matter.



Why Other Options Are Wrong:
A or B alone are incomplete; D denies clear economics.



Common Pitfalls:
Assuming a single-cause explanation for market prices when both supply and demand contribute.



Final Answer:
If both (R1) and (R2) are reasons for the assertion (A).

More Questions from Assertion and Reason

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