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Option 2 : Conclusions I and IV follow
Conclusions:
I. Some books in that market are cheap → True (it is given that most books are cheap)
II. That is a costly market → False (we can’t say as most books are cheap)
III. Storybooks are cheap → False (nothing is mentioned about storybooks)
IV. There are expensive books also in that market → True (as it is given most books are cheap. So, this implies the rest of the books are expensive as well)
Hence, both conclusions I and IV follow is the correct answer.
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