MCQOPTIONS
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| 1. |
Statement The X airlines has decided to increase the passenger fare by 15% with immediate effect. Assumptions I. The demand for seats of X-airlines may remain unchanged even after the hike of the fare.II. Other airline companies may also hike the passengers fares. |
| A. | If only Assumption I is implicit |
| B. | If only Assumption II is implicit |
| C. | If either Assumption I or II is implicit |
| D. | If either Assumption I or II is implicit |
| Answer» B. If only Assumption II is implicit | |