Statement: The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect. Assumptions: 1 The demand for seats of X-Airlines may remain unchanged even after the hike of fare. 2 Other airline companies may also hike th

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

Assumptions:

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

[A].	Only assumption I is implicit
[B].	Only assumption II is implicit
[C].	Either I or II is implicit
[D].	Neither I nor II is implicit
[E].	Both I and II are implicit

Answer: Option A

Explanation:

Clearly, such decisions are taken only after making sure that it will not affect the company's business adversely. So, I is implicit. However, the impact of this increase on other airlines cannot be ascertained. So, II is not implicit.

Logical Reasoning :: Statement and Assumption : More Exercises

Statement and Assumption - Section 1

Statement: The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect. Assumptions: 1 The demand for seats of X-Airlines may remain unchanged even after the hike of fare. 2 Other airline companies may also hike th

Logical Reasoning :: Statement and Assumption : More Exercises

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