- [email protected]
- Legendary Member
- Posts: 934
- Joined: Tue Nov 09, 2010 5:16 am
- Location: AAMCHI MUMBAI LOCAL
- Thanked: 63 times
- Followed by:14 members
"5. Economist: In the interaction between producers and consumers, the only obligation that all parties have to act in the best interests of their own side. And distribution of information about product defects is in the best interests of the consumer, So consumers are always obligated to report product defects they discover, while producers are never obligated to reveal them.
Which one of the following is an assumption required by the economist's argument?
A. It is never in the best interests of producers for a producer to reveal a product defect.
B. No one expects producers to act in a manner counter to their own best interests.
C. Any product defect is likely to be discovered by consumer.
D. A product defect is more likely to be discovered by a consumer than by a producer.
E. The best interests of consumers never coincide with the best interests of producers.
"
OA IS A.
I came down to options A and E. chose E and got it wrong... [spoiler]even if E is correct you cannot come to the conclusion. try negating the option A and you will find that the answer A directly affects the conclusion...
This was a defender assumption model question in case you didnt get it...[/spoiler] Enjoy studying...
Which one of the following is an assumption required by the economist's argument?
A. It is never in the best interests of producers for a producer to reveal a product defect.
B. No one expects producers to act in a manner counter to their own best interests.
C. Any product defect is likely to be discovered by consumer.
D. A product defect is more likely to be discovered by a consumer than by a producer.
E. The best interests of consumers never coincide with the best interests of producers.
"
OA IS A.
I came down to options A and E. chose E and got it wrong... [spoiler]even if E is correct you cannot come to the conclusion. try negating the option A and you will find that the answer A directly affects the conclusion...
This was a defender assumption model question in case you didnt get it...[/spoiler] Enjoy studying...
IT IS TIME TO BEAT THE GMAT
LEARNING, APPLICATION AND TIMING IS THE FACT OF GMAT AND LIFE AS WELL... KEEP PLAYING!!!
Whenever you feel that my post really helped you to learn something new, please press on the 'THANK' button.
LEARNING, APPLICATION AND TIMING IS THE FACT OF GMAT AND LIFE AS WELL... KEEP PLAYING!!!
Whenever you feel that my post really helped you to learn something new, please press on the 'THANK' button.












