# Logical Reasoning - Statement and Conclusion - Discussion

Discussion Forum : Statement and Conclusion - Section 1 (Q.No. 25)
Directions to Solve

In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.

• (A) If only conclusion I follows
• (B) If only conclusion II follows
• (C) If either I or II follows
• (D) If neither I nor II follows and
• (E) If both I and II follow.

25.

Statements: Vegetable prices are soaring in the market.

Conclusions:

1. Vegetables are becoming a rare commodity.
2. People cannot eat vegetables.
Only conclusion I follows
Only conclusion II follows
Either I or II follows
Neither I nor II follows
Both I and II follow
Explanation:
The availability of vegetables is not mentioned in the given statement. So, I does not follow Also, II is not directly related to the statement and so it also does not follow.
Discussion:
26 comments Page 2 of 3.

Liong said:   9 years ago
Can someone explain briefly?

Ekta said:   9 years ago
Even I thought before that first one is implicit but they are saying conclusion and not assumption due to high prices the vegetables will become rare product not necessary.

Sanjeev said:   9 years ago
But the people having money can buy it. I agree, so indeed. Conclusion 1 follows.

Vegetable prices are soaring all the time in Delhi. This not in anyway refer to the fact that people can't have them as the degree of price hike or the way its affecting society is not mentioned. Although as the price is hiking its becoming a rare commodity. So clearly option 1 only follows.

But the people having enough money can buy. So I think only 1st one follows.

Obviously first follows, why to breakup which vegetables. As per statement to be considered true then doesn't matter which vegetables so because of less supply and demand it rare commodity. But still available in market and those who affording can eat then so II doesn't follow.

Economically speaking, a lack of quantity drives up price. In fact logically reasoning can you think of a single other way in which prices would soar?

Producers of goods experience this in the market today. If the lobster harvest in Maine is too much, the market price bottoms out and no one makes any money.

Similarly if there is a shortage of supply prices soar.

It is highly likely that most economics majors will get this question wrong because to them, me, it is illogical.

Vegetables are becoming a rare commodity----may be because of increase in population

People cannot eat vegetables.-----can't be said because some people can afford to eat highly priced vegetables where some people can't so
I and II are both are doubtful statements