{"id":50820,"date":"2024-04-15T23:15:55","date_gmt":"2024-04-15T23:15:55","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=50820"},"modified":"2024-04-15T23:15:55","modified_gmt":"2024-04-15T23:15:55","slug":"directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-three-conclusions-give-answer-statement-the-x-passenger-car-manufacturing-company-announced-a-sharp-reduction-in","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-three-conclusions-give-answer-statement-the-x-passenger-car-manufacturing-company-announced-a-sharp-reduction-in\/","title":{"rendered":"Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars. Assumptions : I. There may be an increase in the sale of luxury cars of Company X. II. The other such car manufacturers may also reduce their prices. III. The competitor companies may not reduce their prices."},"content":{"rendered":"<p>\r\n    <!-- Check if it's an AMP page -->\r\n            <!-- Non-AMP version -->\r\n        <div class=\"mcq-container\" data-quiz-id=\"quizState_6a977173b817f\">\r\n                                            <div class=\"option\" data-option-key=\"option1\" data-is-correct=\"true\">\r\n                    Only I is implicit                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option2\" data-is-correct=\"false\">\r\n                    Only I and II are implicit                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option3\" data-is-correct=\"false\">\r\n                    Only I and III are implicit                <\/div>\r\n                                            <div class=\"option\" data-option-key=\"option4\" data-is-correct=\"false\">\r\n                    None is implicit                <\/div>\r\n                            \r\n            <!-- Feedback messages for non-AMP -->\r\n            <div class=\"feedback\" data-feedback=\"wrong\">Answer is Right!<\/div>\r\n            <div class=\"feedback\" data-feedback=\"right\">Answer is Wrong!<\/div>\r\n        <\/div>\r\n\r\n        <script>\r\n        document.addEventListener('DOMContentLoaded', function () {\r\n            var containers = document.querySelectorAll('.mcq-container');\r\n\r\n            containers.forEach(function(container) {\r\n                var options = container.querySelectorAll('.option');\r\n                var feedbackSelect = container.querySelector('[data-feedback=\"select\"]');\r\n                var feedbackWrong = container.querySelector('[data-feedback=\"wrong\"]');\r\n                var feedbackRight = container.querySelector('[data-feedback=\"right\"]');\r\n\r\n                options.forEach(function(option) {\r\n                    option.addEventListener('click', function() {\r\n                        var selectedOption = option.getAttribute('data-option-key');\r\n                        var isCorrect = option.getAttribute('data-is-correct') === 'true';\r\n\r\n                        \/\/ Remove previous selections\r\n                        options.forEach(function(opt) {\r\n                            opt.classList.remove('correct', 'incorrect');\r\n                        });\r\n\r\n                        \/\/ Add the correct\/incorrect class\r\n                        if (isCorrect) {\r\n                            option.classList.add('correct');\r\n                            feedbackRight.hidden = false;\r\n                            feedbackWrong.hidden = true;\r\n                        } else {\r\n                            option.classList.add('incorrect');\r\n                            feedbackRight.hidden = true;\r\n                            feedbackWrong.hidden = false;\r\n                        }\r\n\r\n                        \/\/ Hide select feedback\r\n                        feedbackSelect.hidden = true;\r\n                    });\r\n                });\r\n            });\r\n        });\r\n        <\/script>\r\n    \r\n    <!--more--><\/p>\n<p>The correct answer is: Only I is implicit.<\/p>\n<p>The statement is about the X passenger car manufacturing company announcing a sharp reduction in the prices of <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> its luxury cars. The assumptions are:<\/p>\n<p>I. <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> There may be an increase in the sale of luxury cars of Company X.<br \/>\nII. The other such car manufacturers may also reduce their prices.<br \/>\nIII. The competitor companies may not reduce their prices.<\/p>\n<p>Assumption I is implicit because if the prices of luxury cars are reduced, then there is a possibility that more people will buy them. This is because the cars will now be more affordable.<\/p>\n<p>Assumption II is not implicit because there is no guarantee that the other car manufacturers will reduce their prices just because X has reduced its prices. They may choose to keep their prices the same or even increase them.<\/p>\n<p>Assumption III is also not implicit because there is no guarantee that the competitor companies will not reduce their prices. They may choose to reduce their prices in order to compete with X.<\/p>\n<p>Therefore, the only assumption that is implicit is assumption I.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Subscribe on YouTube<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[721],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars. Assumptions : I. There may be an increase in the sale of luxury cars of Company X. II. The other such car manufacturers may also reduce their prices. III. 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