- varun289
- Master | Next Rank: 500 Posts
- Posts: 298
- Joined: Sun Jun 03, 2012 6:42 am
- Location: New delhi
- Thanked: 10 times
- Followed by:7 members
- GMAT Score:590
Jim: The United States Mint has recently announced that the rising cost of raw copper, nickel, and zinc has pushed
the cost of manufacturing each penny and nickel to more than 1 cent and 5 cents respectively. In addition, there
are very few, if any, items that can be purchased for 5 cents, and virtually none that can be purchased for a penny.
Since it appears that both the penny and the nickel no longer provide a necessary function in today's economy, I
propose that the government simply stop minting the coins at a loss and declare the base unit of U.S. currency to
be the dime.
Mary: Don't be silly. This would mean that all prices would round up to the nearest dime and nobody would go for
that. There is simply no way that Congress would approve, much less consider, such an unpopular measure. In her
response to Jim, Mary does all of the following EXCEPT:
"¢ Makes an assumption about how Jim's proposal would affect prices.
"¢ Implies that Congressional approval is necessary for Jim's proposal to take effect.
"¢ Provides a reason why Jim's proposal would be difficult to implement, regardless of its justification.
"¢ Assumes that Congress will never approve a policy that has little public support.
"¢ Attempts to undermine all or some of the premises upon which Jim justifies his proposal.
its says ans-e while i choose c , because in view of mary JIM argumnet is not even justified
jim says that no body now using penny & nickele while mary says NO BODY WOULD GO FOR THAT
it means people are still using penney & nickele when they want to purchase 11 or 19
while JIm says people should purchase every time in multiple of dimes(10,20 etc)
in short marry did not feel that jim point is valid or justified and she do undermines last premise of jim
that people are not using penny & nickle alone but people are using these in combination of dime
so IMO - c
the cost of manufacturing each penny and nickel to more than 1 cent and 5 cents respectively. In addition, there
are very few, if any, items that can be purchased for 5 cents, and virtually none that can be purchased for a penny.
Since it appears that both the penny and the nickel no longer provide a necessary function in today's economy, I
propose that the government simply stop minting the coins at a loss and declare the base unit of U.S. currency to
be the dime.
Mary: Don't be silly. This would mean that all prices would round up to the nearest dime and nobody would go for
that. There is simply no way that Congress would approve, much less consider, such an unpopular measure. In her
response to Jim, Mary does all of the following EXCEPT:
"¢ Makes an assumption about how Jim's proposal would affect prices.
"¢ Implies that Congressional approval is necessary for Jim's proposal to take effect.
"¢ Provides a reason why Jim's proposal would be difficult to implement, regardless of its justification.
"¢ Assumes that Congress will never approve a policy that has little public support.
"¢ Attempts to undermine all or some of the premises upon which Jim justifies his proposal.
its says ans-e while i choose c , because in view of mary JIM argumnet is not even justified
jim says that no body now using penny & nickele while mary says NO BODY WOULD GO FOR THAT
it means people are still using penney & nickele when they want to purchase 11 or 19
while JIm says people should purchase every time in multiple of dimes(10,20 etc)
in short marry did not feel that jim point is valid or justified and she do undermines last premise of jim
that people are not using penny & nickle alone but people are using these in combination of dime
so IMO - c












