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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 X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars.
Assumptions:
I. There may be an increase in the sale of luxury cars of Company X.
II. The other such car manufacturers may also reduce their prices.
III. The competitor companies may not reduce their prices.
AOnly I is implicit
BOnly assumption II is implicit
CNone is implicit
DOnly I and III are implicit
ENone of these
Answer: Option (Login/Signup)
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