Suppose the equilibrium price for sugar is Rs 50/kg. If the government sets a price floor of Rs 70/kg then ____

1. Suppose the equilibrium price for sugar is Rs 50/kg. If the government sets a price floor of Rs 70/kg then _____.

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MCQ-> "All raw sugar comes to us this way. You see, it is about the color of maple or brown sugar, but it is not nearly so pure, for it has a great deal of dirt mixed with it when we first get it." "Where does it come from?" inquired Bob."Largely from the plantations of Cuba and Porto Rico. Toward the end of the year we also get raw sugar from Java, and by the time this is refined and ready for the market the new crop from the West Indies comes along. In addition to this we get consignments from the Philippine Islands, the Hawaiian Islands, South America, Formosa, and Egypt. I suppose it is quite unnecessary to tell you young men anything of how the cane is grown; of course you know all that.""I don't believe we do, except in a general way," Bob admitted honestly. "I am ashamed to be so green about a thing at which Dad has been working for years. I don't know why I never asked about it before. I guess I never was interested. I simply took it for granted.""That's the way with most of us," was the superintendent's kindly answer. "We accept many things in the world without actually knowing much about them, and it is not until something brings our ignorance before us that we take the pains to focus our attention and learn about them. So do not be ashamed that you do not know about sugar raising; I didn't when I was your age. Suppose, then, I give you a little idea of what happens before this raw sugar can come to us.""I wish you would," exclaimed both boys in a breath."Probably in your school geographies you have seen pictures of sugar-cane and know that it is a tall perennial not unlike our Indian corn in appearance; it has broad, flat leaves that sometimes measure as many as three feet in length, and often the stalk itself is twenty feet high. This stalk is jointed like a bamboo pole, the joints being about three inches apart near the roots and increasing in distance the higher one gets from the ground.""How do they plant it?" Bob asked."It can be planted from seed, but this method takes much time and patience; the usual way is to plant it from cuttings, or slips. The first growth from these cuttings is called plant cane; after these are taken off the roots send out ratoons or shoots from which the crop of one or two years, and sometimes longer, is taken. If the soil is not rich and moist replanting is more frequently necessary and in places like Louisiana, where there is annual frost, planting must be done each year. When the cane is ripe it is cut and brought from the field to a central sugar mill, where heavy iron rollers crush from it all the juice. This liquid drips through into troughs from which it is carried to evaporators where the water portion of the sap is eliminated and the juice left; you would be surprised if you were to see this liquid. It looks like nothing so much as the soapy, bluish gray dish-water that is left in the pan after the dishes have been washed.""A tempting picture!" Van exclaimed."I know it. Sugar isn't very attractive during its process of preparation," agreed Mr. Hennessey. "The sweet liquid left after the water has been extracted is then poured into vacuum pans to be boiled until the crystals form in it, after which it is put into whirling machines, called centrifugal machines that separate the dry sugar from the syrup with which it is mixed. This syrup is later boiled into molasses. The sugar is then dried and packed in these burlap sacks such as you see here, or in hogsheads, and shipped to refineries to be cleansed and whitened.""Isn't any of the sugar refined in the places where it grows?" queried Bob."Practically none. Large refining plants are too expensive to be erected everywhere; it therefore seems better that they should be built in our large cities, where the shipping facilities are good not only for receiving sugar in its raw state but for distributing it after it has been refined and is ready for sale. Here, too, machinery can more easily be bought and the business handled with less difficulty." Which one of the following is not a essential condition for setting up sugar refining plants?
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MCQ->Among six people P, Q, R, S, T and V each lives on a different floor of a six-storey building having six floors numbered one to six (the ground floor is numbered 1, the floor above it, number 2 and so on and the topmost floor is numbered 6. Who lives on the topmost floor? I) There is only one floor between the floors on which R and Q live. P lives on an even numbered floor. II) T does not live on an even numbered floor. Q lives on an even numbered floor. Q does not live on the topmost floor. III) S lives on an odd numbered floor. There are two floors between the floors on which S and P live. T lives on a floor immediately above R's floor.....

MCQ-> Study the following information carefully and answer the questions given below Among six persons — K. L. M, N, 0 and P— each lives on a different floor of a building having six floors numbered one to six (the ground floor is numbered 1, the floor above it is numbered 2 and so on and the topmost flour is numbered 6). L lives on an even numbered floor. L lives on a floor immediately below K’s floor and immediately above M’s floor. P lives on a floor immediately above N’s floor. P lives on an even numbered floor. 0 does not live on floor number 4.Who amongst the following live on the floors exactly between K and P?
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MCQ-> Directions : Read the following information carefully and answer the questions which follow. A, B, C, D, E and F live on different floors in the same building having six floors numbered one to six (the ground floor is numbered one, the floor above it is numbered two, and so on, and the topmost floor is numbered 6). A lives on an even-numbered floor. There are two floors between the floors on which D and F live. F lives on a floor above D's floor. D does not live on the floor numbered two. B does not live on an odd-numbered floor. C does not live on any of the floors below F's floor. E does not live on a floor immediately above or immediately below the floor on which B lives.Who among the following live on the floors exactly between D and F?
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