How to solve XAT 2015 Question 28?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in XAT exams.

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XAT 2015 Question 28

This is a detailed step-by-step solution for XAT 2015 Question 28. Understand the concept, common mistakes, and expert tips to solve similar questions in XAT exam.

XAT

Water bodies are public good and contaminating them is a market failure.
Statement 2 is a remedy of the problem mentioned in the first statement.
Hence, option C is the correct answer.

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