Consider the given statement and decide which of the given assumption(s) is (are) implicit

Statement:

The train fares have increased by 20% with immediate effect.

Assumptions:

I. People still prefer travelling by train despite the increase.

II. Other modes of commutation may also increase their fares.

1
Only assumption I is implicit.
2
Neither assumption I nor II is implicit.
3
Both assumptions I and II are implicit.
4
Only assumption II is implicit.

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