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Option 2 : Only Conclusion II follows.
As per the given statements, demand for a product will increase if its price falls and decrease if the price rises. As there is a sale on laptops, the price of the laptops will fall and their demand will increase which is given in conclusion II. We do not have any data on the spending of the people during festivals so conclusion I cannot be drawn from these statements. Therefore, option 2 is the right answer.
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