Direction: Each of the questions given below have two statement - I and II. Mark the answer from (a) to (e), depending on the cause and effect relationship between the two statements.
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Statement : Pilay Drinks Company reduced the volume of juice in its tetra pack instead of increasing the price.
Which of the following can be a possible cause for the effect ?
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- The disposable income of people has decreased over the last year .
- Change in price is more noticeable than change in quantity.
- Health consciousness is making people consume less sugar and salt
- Compared to other packaged juice, Pilay's juice packs are considered tastier.
Correct Option: B
The effect is about choosing one over the other (decrease in quantity over increase in price. )
