If shoplifting at ToySMart continues at the current rate, th

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If shoplifting at ToySMart continues at the current rate, the shop's owner will be forced to close the store. Raising the prices of the goods sold at ToySMart by 10% will help make up the shortfall in the store's income; this change will therefore protect ToySMart from having to close.

Which of the following is an assumption made in drawing the conclusion above?

A. Visitors to the store will be more likely to consider purchasing more of the shop's less-expensive products.

B. The rise in prices will have no effect on the number of goods sold, even if the rate of shoplifting remains the same.

C. The rise in prices will not induce visitors who otherwise would not have shoplifted to shoplift items they can now not afford.

D. The store owner's profits are important to the majority of the shoppers at ToySMart.

E. Other stores may experience an increase in shoplifting as the practice is reduced at ToySMart.

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by rohitkabra1987 » Thu Apr 13, 2017 3:17 am
I am going with B as it indicates that the sale would not fall and the shop lifting would not increase.

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by Anaira Mitch » Thu Apr 13, 2017 12:03 pm
Any one else?

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by DavidG@VeritasPrep » Fri Apr 14, 2017 9:38 am
Anaira Mitch wrote:If shoplifting at ToySMart continues at the current rate, the shop's owner will be forced to close the store. Raising the prices of the goods sold at ToySMart by 10% will help make up the shortfall in the store's income; this change will therefore protect ToySMart from having to close.

Which of the following is an assumption made in drawing the conclusion above?

A. Visitors to the store will be more likely to consider purchasing more of the shop's less-expensive products.

B. The rise in prices will have no effect on the number of goods sold, even if the rate of shoplifting remains the same.

C. The rise in prices will not induce visitors who otherwise would not have shoplifted to shoplift items they can now not afford.

D. The store owner's profits are important to the majority of the shoppers at ToySMart.

E. Other stores may experience an increase in shoplifting as the practice is reduced at ToySMart.
Conclusion: Raising prices 10% will allow ToySMart to remain open
Premise: If shop-lifting continues at current rate, the store will close

Negation might be helpful here. Answer C, negated: The rise in prices will induce visitors who otherwise would not have shoplifted to shoplift items they can now not afford.

Well, if the point of the price increase is to offset the impact of shop-lifting, then if the price increase actually increases the extent of this shop-lifting, that would defeat the purpose of the change. Because C, when negated, undermines the conclusion, we know we're looking at our answer.
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