1. Statement: In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market. Assumptions: The dealers will follow the government directive. The sugar prices will come down. The price of indigenous sugar will remain unchanged.






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  • By: guest on 02 Jun 2017 01.30 am
    The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.
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