Write the following statement in symbolic form:
Price increase and demand falls

Hint: In this question it is given that we have to find the symbolic form of the statement “Price increase and demand falls”. So to find the solution we need to know that in the given statement is the combination of two statements and they are connected by an ‘and’. So we have to write all of them in symbolic form.

Complete step-by-step solution:
Let us consider, P $$\equiv$$ Price increase
Q $$\equiv$$ demand falls
Now these two statements are connected with ‘and’.
As we know that $$\wedge$$ represents ‘and’
Therefore, price increase and demand falls can be written as P $$\wedge$$ Q.

Note: To solve this type of question you need to know that If P and Q are any two statements connected by the word ‘and’, then the resulting compound statement ‘P and Q’ is called conjunction of P and Q which is written in the symbolic form as ‘P $$\wedge$$ Q’.