The famous WXYZ band is about to embark on the international tour that it performs once every 3 years. Since the last tour, an oil crisis led to global inflation which has caused increases in the prices of concert tickets, averaging at 6%. Therefore, in accordance with this trend, fans that wish to calculate how much they will spend on tickets to a concert in the upcoming tour can simply increase the price of a ticket to a concert from the last tour by 6%.
The above conclusion is properly drawn if which of the following is assumed?
A) Because oil is a vital raw material in an abundance of industries, it can affect the prices of consumer products or services.
B) Global inflation does not necessarily result in the cancellation of entertainment events.
C) An inflation trend can affect one country one way, and another country another way.
D) A concert ticket price includes a tax paid to the cultural ministry of a specific country.
E) Following the oil crisis, the inflation rate in all countries was the same.
OA E
Source: Economist Gmat
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The famous WXYZ band is about to embark on the international
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OPTION A:- INCORRECT
This is true but doesn't explain the continual increase in 6%of the price of a ticket of a concert intentionally.
OPTION B:- INCORRECT
It doesn't seem to appeal to the main concern of the argument.
OPTION C:- INCORRECT
Possibly, but this doesn't appeal to the argument.
OPTION D:- INCORRECT
This cannot serve as an assumption to which the conclusion is drawn because it doesn't explain the continual increase in 6% of the prices of the concert tickets.
OPTION E:- CORRECT
Well, this option serves as an assumption to the conclusion because it explains the continual 6% increase in the prices of the tickets despite the fact that it is an international tour, which means that it involves several countries. This question attest to the fact that the inflation rate in all countries are the same, it automatically means that the prices in all countries are the same.
This is true but doesn't explain the continual increase in 6%of the price of a ticket of a concert intentionally.
OPTION B:- INCORRECT
It doesn't seem to appeal to the main concern of the argument.
OPTION C:- INCORRECT
Possibly, but this doesn't appeal to the argument.
OPTION D:- INCORRECT
This cannot serve as an assumption to which the conclusion is drawn because it doesn't explain the continual increase in 6% of the prices of the concert tickets.
OPTION E:- CORRECT
Well, this option serves as an assumption to the conclusion because it explains the continual 6% increase in the prices of the tickets despite the fact that it is an international tour, which means that it involves several countries. This question attest to the fact that the inflation rate in all countries are the same, it automatically means that the prices in all countries are the same.
