"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...
good assumption cr...
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E takes too much wide perspective whereas A only talks about the topic discussed in Argument. That is why A is correct
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Between A and E i will choose E!
producers have to act in the best interests of their own side and "while producers are never obligated to reveal the defects"
Assumption: it is never in the best interest of the producers to reveal defects
So, i will go with A
Problem with E as far as I can see that there might be any other best interest which (is not discussed) might be common for both the consumer and the producer.
producers have to act in the best interests of their own side and "while producers are never obligated to reveal the defects"
Assumption: it is never in the best interest of the producers to reveal defects
So, i will go with A
Problem with E as far as I can see that there might be any other best interest which (is not discussed) might be common for both the consumer and the producer.
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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.
--> This is not supported by anything in passage. hence option A.
A. It is never in the best interests of producers for a producer to reveal a product defect.
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.
--> This is not supported by anything in passage. hence option A.
A. It is never in the best interests of producers for a producer to reveal a product defect.