Question
Statements: S ≥ R, I < H ≤ Y ≤ Z, S > Z
Conclusions: I. Z > R II. S > H III. R ≥ YSolution
Z < S ≥ R                                          No relationship can be established between Z and R. Hence conclusion I is not true. H ≤ Y ≤ Z < S                  S > H. Hence conclusion II is true.   Y ≤ Z < S ≥ R                  No relationship can be established between Y and R. Hence conclusion III is not true.
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Slowing economic growth rate
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P=400, MC= 200, Lerner index = ?
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