

MCQOPTIONS
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1. |
Statements followed by some conclusions are given below._x005F_x000D_ Â _x005F_x000D_ Statements :_x005F_x000D_ Â _x005F_x000D_ 1. Demand and supply determine the prices of goods and services._x005F_x000D_ 2. When there are too many buyers, prices are pushed up and too many sellers push down prices._x005F_x000D_ Â _x005F_x000D_ Conclusions :_x005F_x000D_ Â _x005F_x000D_ I. Buyers and sellers determine the prices._x005F_x000D_ II. Price discovery is market driven._x005F_x000D_ Â _x005F_x000D_ Find which of the given conclusions logically follows from the given statements._x005F_x000D_ |
A. | Only conclusion I follows |
B. | Only conclusion II follows |
C. | Both I and II follow |
D. | Neither I nor II follows |
Answer» D. Neither I nor II follows | |