Analytical reasoning — evaluate conclusions from a general claim Statement: • Parents are prepared to pay any price for an elite education for their children. Conclusions to evaluate: I. All parents these days are very well off. II. Parents have a strong passion for perfect development of their children through good schooling.

Introduction / Context:
This item checks your ability to interpret a sweeping statement about parental willingness to invest in elite education. The key is to test each proposed conclusion for necessity versus overgeneralization.

Given Data / Assumptions:

• Stated willingness: parents are prepared to pay any price for elite education.
• No explicit quantifier such as all, most, or many is specified beyond the wording of the statement itself.
• No direct evidence about actual income levels is provided.

Concept / Approach:
Translate to intent: the statement conveys very high priority that parents place on elite schooling for development. From this, a value based motivation can follow. However, an inference about wealth levels is not warranted without income data. Use the must follow test accordingly.

Step-by-Step Solution:

Verification / Alternative check:
Even if some parents are not wealthy, the willingness to invest heavily still signals perceived importance of schooling, supporting II while leaving I unjustified.

Why Other Options Are Wrong:

• Only I: claims wealth, which is unsupported.
• Either I or II / Both: include the incorrect wealth claim.
• Neither: ignores the clear motivational reading of II.

Common Pitfalls:
Equating willingness to pay with current wealth; missing that the statement communicates priority and passion rather than bank balance.

Final Answer:
Only conclusion II follows