Directions: In the question below, a statement and assumptions numbered I and II are given. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement.

Statement: A company "X" has decided to raise the price of all its products to recover the financial losses.

Assumption:

I. Buyers will continue to buy the products despite the price rise.

II. Company has not been able to generate money by floating shares

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

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