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Logical Reasoning :: Statement and Assumption - Discussion

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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

Answer: Option (Login/Signup)

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