• Target Test Prep
    5-Day Free Trial
    5-day free, full-access trial TTP Quant

    Available with Beat the GMAT members only code

    MORE DETAILS
    Target Test Prep
  • Kaplan Test Prep
    Free Practice Test & Review
    How would you score if you took the GMAT

    Available with Beat the GMAT members only code

    MORE DETAILS
    Kaplan Test Prep
  • PrepScholar GMAT
    5 Day FREE Trial
    Study Smarter, Not Harder

    Available with Beat the GMAT members only code

    MORE DETAILS
    PrepScholar GMAT
  • Veritas Prep
    Free Veritas GMAT Class
    Experience Lesson 1 Live Free

    Available with Beat the GMAT members only code

    MORE DETAILS
    Veritas Prep
  • The Princeton Review
    FREE GMAT Exam
    Know how you'd score today for $0

    Available with Beat the GMAT members only code

    MORE DETAILS
    The Princeton Review
  • Economist Test Prep
    Free Trial & Practice Exam
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    Economist Test Prep
  • EMPOWERgmat Slider
    1 Hour Free
    BEAT THE GMAT EXCLUSIVE

    Available with Beat the GMAT members only code

    MORE DETAILS
    EMPOWERgmat Slider
  • Varsity Tutors
    Award-winning private GMAT tutoring
    Register now and save up to $200

    Available with Beat the GMAT members only code

    MORE DETAILS
    Varsity Tutors
  • e-gmat Exclusive Offer
    Get 300+ Practice Questions
    25 Video lessons and 6 Webinars for FREE

    Available with Beat the GMAT members only code

    MORE DETAILS
    e-gmat Exclusive Offer
  • Magoosh
    Magoosh
    Study with Magoosh GMAT prep

    Available with Beat the GMAT members only code

    MORE DETAILS
    Magoosh

OG 13 CR : Q 65

This topic has 2 expert replies and 0 member replies
spetznaz Junior | Next Rank: 30 Posts
Joined
01 Jan 2014
Posted:
20 messages
Upvotes:
1

OG 13 CR : Q 65

Post Fri May 23, 2014 5:41 am

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

Difficult



Which of the following most logically completes the passage?

Pecan growers get a high price for their crop when pecans are comparatively scarce, but the price drops sharply when pecans are abundant. Thus, in high-yield years, growers often hold back part of their crop in refrigerated warehouses for one or two years, hoping for higher prices in the future. This year's pecan crop was the smallest in five years. It is nonetheless quite possible that a portion of this year's crop will be held back, since

(A) each of the last two years produced record-breaking pecan yields
(B) the quality of this year's pecan crop is no worse than the quality of the pecan crops of the previous five years
(C) pecan prices have not been subject to sharp fluctuations in recent years
(D) for some pecan growers, this year's crop was no smaller than last year's
(E) the practice of holding back part of one year's crop had not yet become widespread the last time the pecan crop was as small as it was this year

OA A. My doubt is , why not C ? As per the question , producers hoard when production is high to drive up the costs and sell at higher prices when produce is poor.

  • +1 Upvote Post
  • Quote
  • Flag

GMAT/MBA Expert

Post Fri May 23, 2014 6:47 am
From the passage:
Quote:
Prices drop when pecans are ABUNDANT.
Thus, in high-yield years, growers often HOLD BACK part of their crop, hoping for higher prices in the future.
This year's crop was the smallest in five years.
It is nonetheless quite possible that a portion of this year's crop will be held back, since _________________.
Answer choice A: each of the last two years produced RECORD-BREAKING YIELDS.
In other words, despite the small yield this year, pecans are still ABUNDANT.
Thus, in order to prevent a drop in price, growers are likely to HOLD BACK part of their crop.

The correct answer is A.

C: pecan prices have not been subject to sharp fluctuations in recent years
Recent prices are irrelevant.
The passage states that pecan growers get a high price for their crop when pecans are comparatively scarce and that this year's crop was the smallest in five years.
Implication:
The price this year will be high -- regardless of the price in recent years.
Thus, C offers no reason for growers to hold back their crop.
Eliminate C.

_________________
Mitch Hunt
GMAT Private Tutor
GMATGuruNY@gmail.com
If you find one of my posts helpful, please take a moment to click on the "UPVOTE" icon.
Available for tutoring in NYC and long-distance.
For more information, please email me at GMATGuruNY@gmail.com.

  • +1 Upvote Post
  • Quote
  • Flag
Free GMAT Practice Test How can you improve your test score if you don't know your baseline score? Take a free online practice exam. Get started on achieving your dream score today! Sign up now.

GMAT/MBA Expert

Post Fri May 23, 2014 10:10 am
Hi spetznaz,

Mitch's explanation is spot-on, so I won't rehash it here. I will point one detail in this prompt that might have made it a little easier to deal with.

The information that "….this year's pecan crop was the smallest in five years…" does NOT necessarily mean that it was a small crop; it does mean that it's smallest relative to the other 4 crops that came before it. The distinction between "scarce" and "small" is significant - they don't necessarily mean the same thing. This whole prompt hinges on the idea of holding back part of the prompt when there is an abundance of pecans; the word "since" implies that we need an answer that matches the idea that there IS an abundance of pecans.

GMAT assassins aren't born, they're made,
Rich

_________________
Contact Rich at Rich.C@empowergmat.com

  • +1 Upvote Post
  • Quote
  • Flag

Top First Responders*

1 GMATGuruNY 68 first replies
2 Rich.C@EMPOWERgma... 48 first replies
3 Brent@GMATPrepNow 37 first replies
4 Jay@ManhattanReview 26 first replies
5 ErikaPrepScholar 9 first replies
* Only counts replies to topics started in last 30 days
See More Top Beat The GMAT Members

Most Active Experts

1 image description GMATGuruNY

The Princeton Review Teacher

128 posts
2 image description Rich.C@EMPOWERgma...

EMPOWERgmat

117 posts
3 image description Jeff@TargetTestPrep

Target Test Prep

106 posts
4 image description Max@Math Revolution

Math Revolution

94 posts
5 image description Scott@TargetTestPrep

Target Test Prep

92 posts
See More Top Beat The GMAT Experts