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
E. 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 inretests of producers
OA is A. But D is also make sense.
Post your answers with EXPLANATIONS.
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
E. 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 inretests of producers
OA is A. But D is also make sense.
Post your answers with EXPLANATIONS.
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