In this question below is given a statement followed by three assumption numbered I II and III. you have to considered the statement and the following assumptions decide which of the assumptions is implicit in the statement and choose your answer accordingly.
Statement: The company has decided to increase the price of all its products to tackle the precarious financial position.
Assumption IN. The company may be able to wipe out their entire losses incurred earlier by this decision.
II. The buyers may continue to buy its product even after the increase.
III. The company has adequate resources to continue production for few more months.
(a) Only I and III are implicit.
(b) Only II is implicit.
[c] Only II and III are implicit.
(d) None is implicit.
(e) None of these

Explanation

(a) Only I and III are implicit