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Directions: In the given statements, a blank has been given. This needs to be filled up using the correct combination of words from the four options mentioned, so that the resulting statement is grammatically and contextually correct.
Farmers would hold on to crops only if current prices were _________than 1.5 times the cost of production.
I. higher
II. lower
III. lesser
Only I
Only II
Only III
Either I or II
All of these
Choice I is contradictory to the context, as the farmers would hold their crops if they get less prices in the market as compared to their cost. They will wait for the prices to rise. Choice II is contextually as well as grammatically correct. Choice III is grammatically incorrect, as it denotes the qualitative aspect whereas here the quantitative aspect i.e the prices are considered. Hence option B is correct.
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