knewton cr test

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knewton cr test

by pradeepkaushal9518 » Thu Sep 09, 2010 11:58 pm
Because of a rare type of fungus that killed off many cacao trees in Brazil, there was an unusually meager harvest of cacao beans this year. The wholesale price of cocoa solids and cocoa butter has increased significantly and is unlikely to fall in the foreseeable future. As a result, the retail price of chocolate is certain to increase within six months.

The answer to which of the following questions would provide information relevant to evaluating the argument above?

Has the price of cocoa solids and cocoa butter remained steady during other periods of poor harvest?

Are consumers willing to spend more for chocolate?

Have the prices of other ingredients in chocolate decreased recently?

What percentage of cacao trees in Brazil were affected by the fungus?

Can the fungus be eliminated within the next six months?
A SMALL TOWN GUY
Source: — Critical Reasoning |

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by kvcpk » Fri Sep 10, 2010 12:06 am
IMO C.

But I would ward off this question as poorly written. It doesnt mention that COCOA is used in making Chocolate. I dont think it is commonsense.

Assuming that COCOA is used in chocolate making,
If COCOA price has increased, we will still need to check if the prices have other ingredients of chocolate have gone down.

hence pick C.
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by inactived » Fri Sep 10, 2010 1:40 am
I think the answer is E since if the fungus can be eliminated in the near future (6 months) -> increase the CACAO's productivity -> reduce the cocoa's price.

But I do agree with kvcpk that the stimulus doesn't say anything about relationship between CACAO - COCOA - Chocolate

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by gmatmachoman » Fri Sep 10, 2010 3:19 am
kvcpk wrote:IMO C.

But I would ward off this question as poorly written. It doesnt mention that COCOA is used in making Chocolate. I dont think it is commonsense.

Assuming that COCOA is used in chocolate making,
If COCOA price has increased, we will still need to check if the prices have other ingredients of chocolate have gone down.

hence pick C.
Praveen,

Same here.. I am not able to see y Knewton CR is really not upto the mark...

This is one example...I am facing tough times here man...

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by diebeatsthegmat » Sat Sep 11, 2010 12:13 am
inactived wrote:I think the answer is E since if the fungus can be eliminated in the near future (6 months) -> increase the CACAO's productivity -> reduce the cocoa's price.

But I do agree with kvcpk that the stimulus doesn't say anything about relationship between CACAO - COCOA - Chocolate
i dont think the answer is E since well the fungus happened, thus it destroyed the tree, much or a little ... in 6 months you know...
this cant be for me
i chose C
whats the answer

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by reply2spg » Mon Sep 13, 2010 7:07 am
IMO C, but as Praveen and Govi mentioned this is not very good written question. We need an extra assumption to know who makes chocolate.
Sudhanshu
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