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Previous Year Question (PYQs)
3
Statements:
i) Price rise is a natural phenomenon
ii) If production increases prices fall
iii) High prices affect the poor
Conclusion: If production rises the poor feel relieved.
Solution
To satisfy the conclusion:
$ \text{Production ↑} \Rightarrow \text{Prices ↓} \Rightarrow \text{Poor relieved} $
Statement ii gives:
$ \text{Production ↑} \Rightarrow \text{Prices ↓} $
Statement iii gives:
$ \text{High prices hurt poor} \Rightarrow \text{Low prices relieve poor} $
Thus statements ii and iii together support the conclusion.
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