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Question

Read the given statements and select the option that is the most appropriate explanation for them.

Statements:
A. The prices of motorcycles have increased considerably during the past 2 years.
B. The prices of XYZ laptops have decreased considerably during the past 2 months.

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
Both the statements are effects of independent causes.

Analysis of Price Change Statements

We need to determine the relationship between the two given statements regarding price changes.

  • Statement A: Motorcycle prices increased significantly over the past 2 years.
  • Statement B: XYZ laptop prices decreased significantly over the past 2 months.

Evaluating Causal Links

Let's examine potential causal relationships between Statement A and Statement B:

  • A causing B: An increase in motorcycle prices is highly unlikely to cause a decrease in laptop prices. The products, markets, and price trends are unrelated.
  • B causing A: A decrease in laptop prices is also highly unlikely to cause an increase in motorcycle prices.

Identifying Independent Factors

Price fluctuations are typically driven by various market factors:

  • Motorcycle price increases (Statement A) could be due to factors like rising manufacturing costs, increased demand, supply chain disruptions, or inflation over a longer period (2 years).
  • Laptop price decreases (Statement B) could be due to rapid technological advancements making older models obsolete, increased competition, seasonal sales, or reduced component costs over a shorter period (2 months).

Since the products, timeframes, and directions of price change differ, and there's no logical economic link making one dependent on the other, it's most probable that both statements represent price changes driven by separate, unrelated causes.

Conclusion

Therefore, both statements (A and B) are best understood as effects resulting from distinct and independent causes.

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Similar Questions

  1. Read the given statements and decide which of the conclusions given in the options logically follow from the statements.

    Statements:
    I. The police has increased vigilance during late night hours.
    II. Incidents of petty crimes have reduced in the late night hours.
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  4. Select the option that holds true regarding the given statements.
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  5. Consider the following two events and select the correct option.

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    Event B: Yamuna dam project was crucial for the city's development.
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Important Questions from Cause and Effect

  1. In this question, two statements I and II have been given. These statements may be independent causes or effects of independent causes or a common cause. One of the statements may be the effect of the other statement. Read both statements and select the correct answer.

    I. Since the past three years, State M has reported a sharp and substantial decline in the state’s agricultural produce.

    II. In the last five years, there has been an increase in the overall average Rainfall by 6% in State M bringing respite to the farmers.

  2. In this question, two statements I and II have been given. These statements may be independent causes or effects of independent causes or a common cause. One of the statements maybe the effect of the other statement. Read both statements and select the correct answer.

    I. This year College X reduced the cut-off marks to 50 from 60 for the entrance exam.

    II. In the last two years, the Students Union in College X has been actively negotiating with the college administration regarding the Quality of food and Health and Hygiene standards at the College Canteen.

  3. In this question, two statements I and II have been given. These statements may be independent causes or effects of independent causes or a common cause. One of the statements may be the effect of the other statement. Read both statements and select the correct answer.

    I. Over the last two years 22% of the Company P’s manpower was laid off.

    II. Over the past two years Company P has sold off many of their major assets.

  4. Directions: Given below is a pair of statements (i) and (ii). Assuming that the information given in both (i) and (ii) is true, decide the nature of their relationship. To determine the answer, do not assume anything beyond the given information.

    Statement (i): High level of air pollution in the city

    Statement (ii): Increase in respiratory and health-related problems in the population

  5. Below a question is given with two statements (I) and (II). These statements may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statement. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements.

    I. The staff of the factory called off the strike they were holding protesting against the low wages.

    II. The staff of the factory went on a strike, anticipating a threat to their jobs.

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