Question

Read the following statements and conclusions carefully. Assuming the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements. Statements: All Value are Price All Costs are Value No Cost is Product Conclusions:
I. No Value is Product
II. Some Value are not Product
III. All Cost are Price

A All three conclusions follow
B Only conclusions I and III follow
C Only conclusions I and II follow
D Only conclusions II and III follow
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