Consider the given statement and decide which of the given assumptions is/are implicit in the statement.
Statement:
Farmers should be given extra 10% of the cost of production with the price for their produce.
Assumptions:
I. There are farmers who need monetary support.
II. Farmers do not need extra money of production cost.
1
Only assumption II is implicit.
2
Both assumptions I and II are implicit.
3
Neither assumption I nor II is implicit.
4
Only assumption I is implicit.