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Consumer surplus, the difference between what consumers are willing to pay and what they actually pay, is highest for necessities, as these goods have a high perceived value.
Statements: U & K # X % I % W; T # M $ W; T @ N @ S
Conclusions:
I. X @ M
II. K $ S
III. N # I
Statements:
M < N < K ≥ R > S; Y < B < P ≤ N
Conclusions:
I). S > B
II). Y < K
...Statements: E ≥ F ≥ A = M, F ≥ N > W ≥ X
Conclusion:
I. E ≥ X
II. E > X
Statements: M % C & G @ T $ D; W % M # P
Statements: B > C ≥ D > E, E < F < G = A
Conclusion:
I. B ≥ F
II. G > C
III. C > A
Statements:
P < Q < R < S ≤ B < H; S > N ≥ Y
Conclusions:
I) P < Y
II) R ≥ N
If the expressions G < L ≤ J > B, J ≤ A and G > H are true, which of the following conclusions will be definitely false?
