Related Questions

Statements followed by some conclusions are given below. Statements : 1. Demand and supply determine the prices of goods and services. 2. When there are too many buyers, prices are pushed up and too many sellers push down prices. Conclusions : I. Buyers and sellers determine the prices. II. Price discovery is market driven. Find which of the given conclusions logically follows from the given statements.
Which of the following as per the Competition Act, 2002 refers to any agreement to sell goods on condition that the prices to be charged on the resale by the purchaser shall be the prices stipulated by the seller unless it is clearly stated that prices lower than those prices may be charged?
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars.

Assumptions :
I. There may be an increase in the sale of luxury cars of Company X.
II. The other such car manufacturers may also reduce their prices.
III. The competitor companies may not reduce their prices.
I cannot ---to pay such high prices.
I cannot ____ to pay such high prices
I cannot ____to pay such high prices.
I cannot _____to pay such high prices.
I cannot --- to pay such high prices
I cannot ...... to pay such high prices.
I cannot --- to pay such high prices .