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The demand curve for a Giffen good is upward sloping, which means that as the price of the good increases, the quantity demanded also increases.
Statements: P ≤ Q > R > T > U, Q ≤ O < S, T < V
Conclusions:
I. R < S
II. P > U
Statements: Z > V = J; V > I; A ≤ D ≤ F = Z
Conclusions:
I. V < D
II. F > J
III. J > I
In this question, two statements are followed by two conclusions, numbered I and II. Find out wh conclusion(s) is/are definitely true, based on the giv...
Statements: L < K = N ≥ M = P ≥ O > J
Conclusions:
I. O ≤ N
II. K > P
III. L > M
Statements:
A > B ≥ C > D ≤ V < L; D > G > Q
Conclusions:
I) B > Q
II) L < G
...Statements: G > H ≥ I > K = L; O ≥ N ≤ M < K
Conclusions:
I. H > N
II. I < O
III. I ≥ M
Statements: U = T ≥ J < Y ≤ X; C ≥ Z > X ≤ P = S.
Conclusions:
I. J ≤ P
II. S > T
Statements: A$K; E#N; K@E
Conclusions:
I) A$N
II) A@N
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and th...
Statements: M @ N % Z # C & B $ A # E; W $ Z @ C
Conclusions : I. E @ Z II. A # W ...
