Economist

[umaa]

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

E. 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 inretests of producers

OA is A. But D is also make sense.

Post your answers with EXPLANATIONS.

[kalyankumar.new]

I feel the Answer is D..
Whats the correct answer..

All other choices uses extreme words like never,any,no one..

[mehravikas]

IMO answer should be 'A'. It is mentioned in the argument that producers are never obligated to reveal the defects, so 'A' can be assumed.

[viju9162]

why E is not the answer ?

[umaa]

What is the problem with D? D also satisfies the condition. Why did you choose A over D?

[fruti_yum]

I feel the Answer is D..
Whats the correct answer..

All other choices uses extreme words like never,any,no one..

E completely makes sense... when we negate this argument.. the best int of consumers sometimes coincide with the best interest of producers.. the conclusion ... that all parteis have to act in the best interest of their own sides falls apart...

if anyone objects.. pls provide explaination as to why you do! otherwise.. e is a definite answer..

[umaa]

OA is A. Not E. And, this is an LSAT offical question. So, the answer should be correct.

Can anyone come up with some good explanation.

[eccentric]

This is an assumption based question.
The first statement indicate "all parties have to act in the best interest of their own side" The argument further talks about best interest of consumer to reveal the defect....

A completes the missing information of producer's best interest

[mehravikas]

I opted for 'A' because of the strong wording in the argument...

So consumers are always obligated to report product defects they discover, while producers are never obligated to reveal them.

You are correct 'D' is not wrong....

What is the problem with D? D also satisfies the condition. Why did you choose A over D?

[joshi.v123]

Only A is correct, because the following reason

Argument:In the interaction between producers and consumers, the only obligation that all parties have to act in the best interests of their own side.

Conclusion : So consumers are always obligated to report product defects they discover, while producers are never obligated to reveal them.

Assumption : It is never in the best interests of producers for a producer to reveal a product defect.

so only A makes scenes.


D: A product defect is more likely to be discovered by a consumer than by a producer
producer can discover the defect but would not reveal that because its not in best interest for him

E. The best interests of consumers never coincide with the best inretests of producers.
its not the assumption for getting the conclusion.

[sunnychopra]

D can't be the answer as there is no where mentioned that consumers finds the defects first. Its only mentioned that they(Consumers) reveal the defects when they(Consumers) discovers. It might be the case that producers have already discovered it and they are not revealing it,which is also mentioned in the para.

[nervesofsteel]

why not E..??

can someone explain..

if their best interests coincide.. then producers are also under obligation... if they are never under obligation.. then they don't have best interest coincide with consumer's

[vijay_venky]

It is too generic to make a statement that "The best interests of consumers never coincide with the best inretests of producers " because there might be some cases in which they might coincide.

This (defects) is a particular case in which they differ.I think we cannot make a generic sense out of a particular case.

[kris77]

It seems to me that the right answer is E