Difficulty: Easy
Correct Answer: Only I is implicit
Explanation:
Introduction / Context:
The ad promotes a “best holiday” European package to an Indian audience. We test which premises are necessary.
Concept / Approach:
Assumption I is necessary: without a sizable or at least viable Indian market traveling to Europe, such an ad would lack purpose. Assumption II (competitors exist) and III (some will still pick others) are plausible but not necessary for the ad to make sense—the firm can advertise even in a monopolistic or competitive setting.
Final Answer:
Only I is implicit
Discussion & Comments