Question
What is the probable impact on supply when a
technological breakthrough significantly reduces the time required to produce a certain product?Solution
A technological breakthrough reducing production time generally enhances efficiency, encouraging producers to supply more of the product at any given price, thereby increasing overall supply.
Statements: R > S ≥ T = U < V ≤ W; X ≥ Y = Z < U = M ≥ N
Conclusions:
I. S ≥ M
II. T < X
III. W > N
Statement: H > G = M > S; GÂ `>=` Â T > L; MÂ `<=` Â F <Â Â U
Conclusion: Â I. F > SÂ Â Â Â Â Â Â Â Â Â Â II. T < H
...Statements: P = Q = R > S > T > Z; U > R < V < W > X
Conclusions:
I. W > Z
II. R < W
III. R < X
Statements:Â R @ C % L #Â X & P $ AÂ # W; Q $ L @ X
Conclusions:
I. W @ L
II. A # Q
III. R @ X
...Statements: A > C = E > G, G > J ≥ L = N
Conclusion:
I. A > L
II. A ≥ N
Statements: I < G = Z = X ≤ A ≤ R < N > D = V
Conclusions:
I. I > D
II. R ≥ G
III. X < V
Statements: R ≥ S > T; U < V ≤ T; V > W
Conclusions:
I. R > V
II. W < S
 III. T > W
Statements: X < M = I > G < J ≤ S; Q ≥ M = J; S > T ≥ U
Conclusions:
I. S > M
II. Q > G
III. T ≥ I
IV....
Statement:
B = E ≥ F ≥ M < J < V ≥ R; M > A
Conclusion:
I) A ≥ R
II) B > A
Statements: B ≤ I; E = D; H > F; C ≤ H; I = D; A ≤ B; H < E
Conclusions:
(i) I > F
(ii) B ≤ H
(iii) A ≤ E
(iv) E > F