Question
Which of the following represents an imperfect
market?Solution
Imperfect markets are characterised by various factors that hinder the smooth operation of supply and demand forces, leading to suboptimal resource allocation and pricing.
Statement: All grams are metres.
                         No metre is a litre.
Conclusions: I. Some litres are ...
Statements:
No Pencil is a Sharpener.
Only a few Sharpeners are Erasers.
98% of Erasers are Pens.
100% Pens are Boxes.
<...In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if ...
Statements:All gems are stones.
Some stones are diamonds.
Some diamonds are jewelry.
Some jewelry are pearls.
Conclusions:I....
Statements:
All movie is cinema.
Some cinema is theatre.
No theatre is auditorium.
All auditorium is hall.
Conclus...
Statement:
Some A are B
Few D are B
Some C are D
Conclusion:
I. Some A are C
II. Some D are A is not a p...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements:
All ambulance are fire engine.
Some train are fire engine.
Some bus are train.
Conclusions:
I. Some ...
Statement : Some letters are alphabets.
All alphabets are words.
Some letters are consonants.
Conclusion : I. All letters being...
Statement:
Only a few mothers are father.
All fathers are daughter.
No daughter is son.
Conclusion:
I. Some mother can never be son.
II. No father is son.
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