Statements followed by some conclusions ...

Statements followed by some conclusions are given below.
Statements:
1. Demand and supply determine the prices of goods and services.
2. When there are too many buyers, prices are pushed up and too many sellers push down prices.
Conclusions:
I. Buyers and sellers determine the prices
II. Price discovery is market driven.
Find which of the given conclusions logically follows from the given statements
A only conclusion I follows
A only conclusion II follows
Both I and II follow
D. Neither I nor II follows

1.A

2.B

3.C

4.D

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