The main idea (M) revolves around the extravagant rise and sharp fall of tulip bulb prices in the early 1600s. The statement about prices on scarce and desirable items is too broad (B), while the statement about specific tulip bulb prices is too narrow (N).
The main idea (M) in this set of statements is:
a. The price for tulip bulbs rose extravagantly and then fell sharply in the early 1600s.
This statement captures the central theme of the historical event involving tulip bulb prices during the early 1600s.
The statement that is too broad (B) is:
c. Prices will rise on anything that is scarce and desirable.
This statement is too broad because it makes a generalization about all scarce and desirable items, lacking the specific focus on the tulip bulb market in the early 1600s.
The statement that is too narrow (N) is:
b. Some tulip bulbs sold for over $2,000 apiece.
This statement is too narrow as it focuses on the specific price of tulip bulbs without providing a broader context about the overall rise and fall of tulip bulb prices in the early 1600s.