Reports claimed that the shares of the company fell after there was a decline in global sales. Due to weak demand, the company announced to shut down the production plant. The company was earlier warned that if it didn’t cut the production expenses then they may suffer serious losses. The global sales of the company fell as they didn't cut the production expenses.

Reports claimed that the shares of the company fell after there was a decline in global sales. Due to weak demand, the company announced to shut down the production plant. The company was earlier warned that if it didn’t cut the production expenses then they may suffer serious losses. The global sales of the company fell as they didn't cut the production expenses. Correct Answer The inference is ‘probably true’ though not ‘definitely false’ in the light of facts given.

Only option 2 is correct. Because the company had a weak demand, due to which their global sales were low. Maybe the company was earlier warned to cut their production costs but we cannot conclude if that was only the reason for the decline in global sales. So, it may be probably true though not definitely false.
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