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Read the given statement and the following assumptions and decide which of the assumptions is implicit in the statement. Choose the CORRECT option.
Statement: The company has decided to increase the price of all its products to tackle the precarious financial position.
Assumptions:
I. The company may be able to wipe out the entire losses incurred earlier by this decision.
II. The buyers may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.
AOnly I and III are implicit
BOnly assumption II is implicit
COnly II and III are implicit
DNone is implicit
ENone of these
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