Logical Reasoning Q.176

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Logical Reasoning Q.176

In each of the questions below, a statement is followed by the two assumptions I and II. An assumption is something that is supposed or taken for granted. You have to consider the statement and the fol- lowing assumptions and decide which of the assumptions is implicit in the statement.

176Statement: Apartment building owners argue that rent control should be abolished as it will increase housing supply in the long run.
Assumptions
I. Abolishing rent control will increase investment in housing sector.
II. Greater supply leads to lower prices.

A
Only assumption I is implicit.
B
Only assumption II is implicit.
C
Both I and II are implicit.
D
Neither I nor II is implicit.

Answer
Comment

Option : C
Explanation :

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