The famous WXYZ band is about to embark on the international tour that it performs once every 3 years. Since the last tour, an oil crisis led to global inflation which has caused increases in the prices of concert tickets, averaging at 6%. Therefore, in accordance with this trend, fans that wish to calculate how much they will spend on tickets to a concert in the upcoming tour can simply increase the price of a ticket to a concert from the last tour by 6%.
The above conclusion is properly drawn if which of the following is assumed?
(A) Because oil is a vital raw material in an abundance of industries, it can affect the prices of consumer products or services.
(B) Global inflation does not necessarily result in the cancellation of entertainment events.
(C) An inflation trend can affect one country one way, and another country another way.
(D) A concert ticket price includes a tax paid to the cultural ministry of a specific country.
(E) Following the oil crisis, the inflation rate in all countries was the same.
Target Test Prep 20% Off Flash Sale is on! Code: FLASH20
Redeem5-Day Free Trial
5-day free, full-access trial TTP
Available with Beat the GMAT members only code
MORE DETAILSThis topic has expert replies
700 level question
by
rushi5656 » Thu Jul 16, 2020 6:07 am
Timer
00:00
Your Answer
A
B
C
D
E
Global Stats
• Page 1 of 1
5/5
5 Star (469 Reviews)
"Target Test Prep is the closest to the official version of the GMAT exam, about 99% accuracy in terms of the quality and quantity of information. The course has excellently created singular sets of focused lessons and tests for every possible topic that one could come across in the official GMAT exam."
"The TTP course maximizes the efficiency of the time you spend studying. It will take time and effort but I could almost guarantee that if you complete the course exactly as it is laid out you will get an amazing score. They also have a very responsive team willing to help with any questions you might have."
"TTP has two things that I think no other test prep company offers: A teaching approach that reinforces understanding and an attitude that will give you the mental preparedness needed to succeed on the test. TTP gives you a deep understanding of the concept you need to know while teaching you how to think."
GMAT Course Reviews
Admissions Consulting Reviews
FREE GMAT PREP RESOURCES
GMAT PREP DEAL TRACKER
- ONLY $85
- SAVE $300
- ONLY $99
- $150 OFF
- 50% OFF
- SAVE $75
- 100% OFF