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15.
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Statement: In order to reduce the
gap between income and expenditure, the company has decided to increase the
price of its product from next month.
Assumptions:
I.
The
rate will remain more or less same after the increase.
II.
The
expenditure will more or less remain the same in near future.
III.
The
rival companies will also increase the price of the similar product.
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A.
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Only I and II are
implicit
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B.
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Only II and III are
implicit
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C.
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Only III is implicit
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D.
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All are implicit
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E.
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None of these
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Answer: Option E
Explanation:
Clearly, the company intends to reduce the
gap between income and expenditure by increasing the price of its product i.e.
by keeping the expenditure unaltered and increasing the income only. So, II is
implicit while I is not. However, the rival companies may or may not follow the
same pursuit. So, III is not implicit.
