Statement: The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect.

I. The demand for seats of X-Airlines may remain unchanged even after the hike of fare.
II. Other airline companies may also hike the passenger fares.


Only assumption I is implicit


Only assumption II is implicit


Either I or II is implicit


Neither I nor II is implicit

Answer: (a).Only assumption I is implicit

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Q. Statement: The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect. Assumptions: I. The demand for seats of X-Airlines may remain...

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