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Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.
Q. The concept of supply and demand is fundamental to economics because ______________.
I. it determines the prices of goods and services in the market.
II. it helps businesses to maximize their profits.
III. it ensures that there is an equilibrium in the market.
I. it determines the prices of goods and services in the market.
II. it helps businesses to maximize their profits.
III. it ensures that there is an equilibrium in the market.
- a)Only I
- b)Both I and II
- c)Only III
- d)All I, II, and III
Correct answer is option 'D'. Can you explain this answer?
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Directions: In the following question, a sentence is given followed by...
I. The concept of supply and demand is fundamental to economics because it determines the prices of goods and services in the market.
The above sentence is logically coherent and contextually correct because the concept of supply and demand is the basic principle that influences the price of goods and services. Hence, fragment I is correct.
The above sentence is logically coherent and contextually correct because the concept of supply and demand is the basic principle that influences the price of goods and services. Hence, fragment I is correct.
II. The concept of supply and demand is fundamental to economics because it helps businesses to maximize their profits.
The above sentence is logically coherent and contextually correct because businesses can maximize their profits by understanding the concept of supply and demand and adjusting their production and pricing accordingly. Hence, fragment II is correct.
The above sentence is logically coherent and contextually correct because businesses can maximize their profits by understanding the concept of supply and demand and adjusting their production and pricing accordingly. Hence, fragment II is correct.
III. The concept of supply and demand is fundamental to economics because it ensures that there is an equilibrium in the market.
The above sentence is logically coherent and contextually correct because the concept of supply and demand ensures that the market reaches an equilibrium where the quantity supplied is equal to the quantity demanded. Hence, fragment III is correct.
Therefore, the correct answer is option D (All I, II, and III).
The above sentence is logically coherent and contextually correct because the concept of supply and demand ensures that the market reaches an equilibrium where the quantity supplied is equal to the quantity demanded. Hence, fragment III is correct.
Therefore, the correct answer is option D (All I, II, and III).
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Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer?
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Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer?.
Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer?.
Solutions for Directions: In the following question, a sentence is given followed by a blank. You are provided with three fragments I, II and III. You have to identify which fragment/s can carry forward the given sentence in the most logical way so as to make the sentence coherent and contextually correct.Q. The concept of supply and demand is fundamental to economics because ______________.I. it determines the prices of goods and services in the market.II. it helps businesses to maximize their profits.III. it ensures that there is an equilibrium in the market.a)Only Ib)Both I and IIc)Only IIId)All I, II, and IIICorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for SSC CGL.
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