Aspire Faculty ID #16217 · Topic: NIMCET 2011 · Just now
NIMCET 2011

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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