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Profit maximizing condition is Price = MC = MR for a firm in a competitive market.
In this question, there are three statements showing the relation followed by three conclusions i, ii and iii. Assuming the statements as true, decide w...
Statements: A > I = L ≥ Y = T ≥ W, D < V ≤ W
Conclusions:
I. Y ≥ D
II. V ≤ L
III. I > D
...14. Statement: L ≥ X ≤ Z > Y ≤ A, Y = B ≥ C
Conclusion: I. C > A II. A ≥ C
...Statement: B > C = J; B > S > E; B < N
Conclusion: I. E < C II. J ≤ E
Statements: R > N > Z < O = I ≥ T < W < S ≤ L
Conclusion
I: L > Z
II: O > T
Statements: I % C, C & D, D $ K, K # Z
Conclusions: I. I & D II. D # Z
...Statement: G ≤ L ≥ O ≥ W ≥ I < N
Conclusion: I. I < L II. L = I
...In which of the following expression will the expression ‘R > U’ be definitely false?
Statements: G < H ≤ I, V ≥ W = G, R ≥ I = A
Conclusions :I. R > G II. A ≥ H III. H ≤ R
...Statement: Z > T ≥ K; Z ≤ S = J; I > T
Conclusion:
I. J > K
II. I > S
