Discussion :: Statement and Assumption
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Statement: The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars.
Assumptions:
- There may be an increase in the sale of luxury cars of Company X.
- The other such car manufacturers may also reduce their prices.
- The competitor companies may not reduce their prices.
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A.
Only I is implicit
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B.
Only I and II are implicit
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C.
None is implicit
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D.
Only I and III are implicit
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E.
None of these
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Answer : Option E
Explanation :
The reduction in prices is clearly a step to promote sales of the company. So, I is implicit. However, other companies may or may not follow the same pursuit. So, either II or III is implicit.
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