Decaffeinated coffee is highly costly than that of regular coffee even though the process by which coffee beans are decaffeinated is fairly simple and not very costly. Higher cost for providing decaffeinated coffee to the consumer cannot be accounted for by its producers. Select the assumption on which this argument relies. 

Decaffeinated coffee is highly costly than that of regular coffee even though the process by which coffee beans are decaffeinated is fairly simple and not very costly. Higher cost for providing decaffeinated coffee to the consumer cannot be accounted for by its producers. Select the assumption on which this argument relies.  Correct Answer Price differences between products can generally be accounted for by such factors as supply and demand, not by differences in production costs.

The logic follows here is:

Generally, the price of a product depends on the demand and supply of a product.

If the demand for a product is more and the supply is less then the price of a product is higher.

If the supply of a product is more and demand is less then the price of a product is also less.

Therefore, in the case of Decaffeinated coffee, the higher price might be depending on its demand and supply.

Hence, the correct answer is Option 1).

Bissoy MCQ

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The logic problems in this set present you with three true statements: Fact 1, Fact 2 and Fact 3. Then you are given three more statements (labelled I, II, III), and you must determine which of these, if any, is also a fact. One or two of the statements could be true; or none of the statements could be true. Fact 1: Most stuffed toys are stuffed with beans. Fact 2: There are stuffed bears and stuffed tigers. Fact 3: Some chairs are stuffed with beans. If the fist three statements are facts, which of the following statement/(s) must also be a fact? I. Only children's chairs are stuffed with beans. II. All stuffed tigers are stuffed with beans. III. Stuffed monkeys are not stuffed with beans. Choose the correct answer from the options given below:
Fact 1: Most stuffed toys are stuffed with beans. Fact 2: There are stuffed bears and stuffed tigers. Fact 3: Some chairs are stuffed with beans. If the above statements are fact, which of the following statements must also be fact? 1. Only children's chairs are stuffed with beans. 2. All stuffed tigers are stuffed with beans. 3. Stuffed monkeys are not stuffed with beans.
Fact 1: Most stuffed toys are stuffed with beans.
Fact 2: There are stuffed bears and stuffed tigers.
Fact 3: Some chairs are stuffed with beans.

If the first three statements are facts, which of the following statements must also be a fact?
I: Only children's chairs are stuffed with beans.
II: All stuffed tigers are stuffed with beans.
III: Stuffed monkeys are not stuffed with beans.
In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes. Yes, though feasibility studies said the port wouldn’t work. Yes, though other frequent lenders like India had refused. Yes, though Sri Lanka’s debt was ballooning rapidly under Rajapaksa.  Assumptions: I. China had a stake in Sri Lanka’s main port as well, China Harbor was building a new terminal there, known at the time as Colombo Port City. Along with that deal came roughly 50 acres, solely held by the Chinese company, where Sri Lanka had no sovereignty.  II. Sri Lankan officials are quick to point out that the agreement explicitly rules out China’s military use of the site. But others also note that Sri Lanka’s government, still heavily indebted to China, could be pressured to allow it.  III. The rising debt and project costs, even as the port was struggling, handed Sri Lanka’s political opposition a powerful issue, and it campaigned heavily on suspicions about China. Rajapaksa may lose the election.
If the first two statements are true, the third statement is :
I. A jar of jelly beans contains more red beans than green.
II. There are more yellow beans than red.
III. The jar contains fewer yellow jelly beans than green ones.
Seven chocolates, A, B, C, D, E, F and G, are bought at different costs between Rs. 40 and Rs. 50 (excluding both Rs. 40 and Rs. 50) but not necessarily in the same order. The cost of chocolate C is Rs. 5 less than that of chocolate E. The cost of chocolate A is a prime number. The cost of chocolate F is Rs. 2 more than that of chocolate A. The cost of chocolate F is more than that of chocolate E. The cost of chocolate D is an odd number. The cost of chocolate G is Rs. 3 more than the cost of chocolate D. None of the chocolates cost Rs. 44. The cost of chocolate B is an even number. What is the cost of chocolate E?