Cause: The Govt. has recently increased its taxes on petrol and diesel production by about 10 percent. Which of the following can be a possible effect of the above cause ?

A

The petroleum companies will reduce the prices of petrol and diesel by about 10 percent.

B

The petroleum companies will increase the prices of petrol and diesel by about 10 percent.

C

The petroleum companies will increase the prices of petrol and diesel by about 5 percent.

D

The petrol pumps will stop selling petrol and diesel till the taxes are rolled back by the govt.

E

None of these