1.

Statement: The retail vegetable vendors increased the prices of vegetables by about 20 percent due to non availability of vegetables at lower prices at the wholesale market. Assumptions: I. The customers max totally stop buying vegetables at higher prices. II. The customers may still buy vegetables from the retail vendors.

Answer»

if only Assumption I is implicit.
if only Assumption II is implicit
if either I or II is implicit.
if neither I nor II is implicit

Solution :Only assumption II is implicit because CUSTOMERS prefer to buy VEGETABLES from retail vondors as there is a lot of innovation in retail SECTOR.


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