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Statement A major retail store announced thirty percent reduction on all food items during the weekend. Assumptions I. People may still prefer buying food items from other stores. II. A large number of customers may visit the retail store and buy food items.

If only Assumption I is implict
if only Assumption IIisimplict
if either Assumption I orAssumption II isimplict
if neither Assumption I nor Assumption II is imlpicit

Correct Answer: if only Assumption IIisimplict

Explanation:

Prices are reduced with the motive of attracting customers. Hence, I is invalid but II is implicit.

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