Question
Which one of the following is a competitive
market?Solution
A perfect market is the market in which there are numerous buyers and sellers and they are well informed. The monopoly is absent and market prices cannot be manipulated.
In which of the following expressions will the expression ′Q < P′ does not hold true?
Statements: R ≥ S = T; R < U < V; W > X > V
Conclusion:
I. U > T
II. T < V
In which of these expression ‘O ≤ F’ is definitely true?
Statements : Q = R; S ≥ T; P ≤ Q; R > V; R > S; T ≥ U
Conclusions :
(i) R > U (ii) V ≥ U (iii) P = R (iv) P < R
Statements: V = W ≤ X > R ≥ O; C < O; F = X
Conclusion: I. F > R II. X > C
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is/are definitely true and then ...
Statements: I > D > J < E; C > J > K; G < K > A
Conclusions:
I. I > A
II. G < E
III. D ≥ K
- How is L related to O?
Statements: A $ B @ D & E @ G % H, F & A, G $ J
Conclusions: I.F & E II. J # B
...Statements: Y ≥ Q ≥ P = T; T ≤ H < O; O > I
Conclusions:
I. P ≥ O
II. I > P
III. T < Y
