The correct answer is: C. Either I or II follows.
The statement “Company X has marketed the product” does not provide enough information to determine whether the product is good in quality or whether the price is reasonable. It is possible that the product is good in quality and has a reasonable price, but it is also possible that the product is not good in quality or that the price is not reasonable. Therefore, either conclusion I or conclusion II could follow, but not both.
Here is a more detailed explanation of each option:
- A. Only conclusion I follows. This option is incorrect because the statement does not provide enough information to determine whether the product is good in quality. It is possible that the product is good in quality, but it is also possible that the product is not good in quality.
- B. Only conclusion II follows. This option is incorrect because the statement does not provide enough information to determine whether the price of the product is reasonable. It is possible that the price of the product is reasonable, but it is also possible that the price of the product is not reasonable.
- C. Either I or II follows. This option is correct because the statement does not provide enough information to determine whether the product is good in quality or whether the price is reasonable. It is possible that the product is good in quality and has a reasonable price, but it is also possible that the product is not good in quality or that the price is not reasonable.
- D. Neither I nor II follows. This option is incorrect because the statement does provide enough information to determine whether the product is good in quality or whether the price is reasonable. It is possible that the product is good in quality and has a reasonable price, but it is also possible that the product is not good in quality or that the price is not reasonable.
- E. Both I and II follow. This option is incorrect because the statement does not provide enough information to determine whether the product is good in quality or whether the price is reasonable. It is possible that the product is good in quality and has a reasonable price, but it is also possible that the product is not good in quality or that the price is not reasonable.