Question
Statements: 8% rays are satellites. All
satellites are planets. A few stars are satellites. Conclusions: I. All stars being planets is a possibility. II. No star is a ray. In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three statements disregarding commonly known facts.Solution
A few stars are satellites (I) + All satellites are planets (A) → Some stars are planets (I) → Probable conclusion → All stars may be planets (A). Hence conclusion I does not follow. 8% rays are satellites (I) + All satellites are planets (A) → Some rays are planets (I). Hence conclusion II follows.
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The process by which market participants try to find an equilibrium price?Â
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At Your Wits’ End
An Option that can be exercised on any date before and including the expiry date is calledÂ
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