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Statement: These apples are too cheap to be good. Assumptions: When the apple crop is abundant, the prices go down. The lower the selling price, the inferior is the quality of the commodity. Very cheap apples are also good.

None is implicit
Only I and III are implicit
Only II is implicit
Only II and III are implicit
All are implicit

Correct Answer: Only II is implicit

Explanation:

It is mentioned that the apples are so cheap that they cannot be good. This means that the prices of good apples are never too low and that very cheap apples are never good. So, neither I nor III is implicit. Assumption II clearly follows from the statement that apples are of inferior quality because they are cheap. So, it is implicit.

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