Find all School-related info fast with the new School-Specific MBA Forum

It is currently 22 Nov 2014, 20:55

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Mainstream economic theory holds that manufacturers, in deci

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Senior Manager
Senior Manager
User avatar
Joined: 20 Feb 2006
Posts: 331
Followers: 1

Kudos [?]: 12 [0], given: 0

Mainstream economic theory holds that manufacturers, in deci [#permalink] New post 25 Jun 2006, 00:52
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions
2. Mainstream economic theory holds that manufacturers, in deciding what kinds of products to manufacture and what forms those products should have, simply respond to the needs and desires of consumers. However, as anyone who watches television or listens to the radio knows, advertisements tell people what to buy, rather than solicit input. It is clear that most major manufacturers manipulate and even create consumer demand. A majority of mainstream economic theorists either watch television or listen to the radio. Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two statements above in bold-faced type serve which of the following functions?

(A) The first statement is a premise that supports an intermediate conclusion, and the second statement is a premise that supports the main conclusion.
(B) The first statement is the primary conclusion of the argument, and the second statement provides background information to place the argument in the proper context.
(C) The first statement is a refutation of the main conclusion of the argument, and the second statement is the main conclusion of the argument.
(D) The first statement is an assumption on which the main conclusion is directly based, and the second statement is a premise that supports the main conclusion.
(E) The first statement is an intermediate conclusion of the argument, and the second statement is the main conclusion of the argument.

Last edited by Narenn on 26 Sep 2013, 10:25, edited 1 time in total.
Topic Moved. Always post the topic in relevant forum
Manager
Manager
avatar
Joined: 31 Mar 2006
Posts: 165
Followers: 1

Kudos [?]: 7 [0], given: 0

 [#permalink] New post 25 Jun 2006, 01:16
is it A?
Senior Manager
Senior Manager
avatar
Joined: 09 Mar 2006
Posts: 445
Followers: 1

Kudos [?]: 6 [0], given: 0

 [#permalink] New post 25 Jun 2006, 01:18
A it is
SVP
SVP
avatar
Joined: 30 Mar 2006
Posts: 1741
Followers: 1

Kudos [?]: 34 [0], given: 0

 [#permalink] New post 27 Jun 2006, 00:47
Will go with A.

There are two conclusions by the author.
1) It is clear that most major manufacturers manipulate and even create consumer demand.
And
2) Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two bolded statements appear before them and act as premises upon which the conclusions are based
VP
VP
User avatar
Joined: 15 Jun 2006
Posts: 1124
Schools: Chicago Booth
Followers: 4

Kudos [?]: 39 [0], given: 0

Re: please let me know the answer [#permalink] New post 27 Jun 2006, 01:29
sharadGmat wrote:
2. Mainstream economic theory holds that manufacturers, in deciding what kinds of products to manufacture and what forms those products should have, simply respond to the needs and desires of consumers. However, as anyone who watches television or listens to the radio knows, advertisements tell people what to buy, rather than solicit input. It is clear that most major manufacturers manipulate and even create consumer demand. A majority of mainstream economic theorists either watch television or listen to the radio. Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two statements above in bold-faced type serve which of the following functions?

(A) The first statement is a premise that supports an intermediate conclusion, and the second statement is a premise that supports the main conclusion.
(B) The first statement is the primary conclusion of the argument, and the second statement provides background information to place the argument in the proper context.
(C) The first statement is a refutation of the main conclusion of the argument, and the second statement is the main conclusion of the argument.
(D) The first statement is an assumption on which the main conclusion is directly based, and the second statement is a premise that supports the main conclusion.
(E) The first statement is an intermediate conclusion of the argument, and the second statement is the main conclusion of the argument.


I choose D.
Those who watch the TV know that commercials manipulate the demand. - Assumpsion.
Most scientists watch the TV. - Premise.
Therefore, those scientists who say the commercials do not manipulate teh demand must have some other purposes than pursuing the truth. - Main conclusion.
Director
Director
User avatar
Joined: 06 May 2006
Posts: 782
Followers: 3

Kudos [?]: 15 [0], given: 0

 [#permalink] New post 27 Jun 2006, 06:28
Should be A.
Manager
Manager
avatar
Joined: 12 Jun 2006
Posts: 69
Location: Hyderabad, India
Followers: 1

Kudos [?]: 2 [0], given: 0

 [#permalink] New post 27 Jun 2006, 23:40
looks like A
_________________

Hema

Manager
Manager
avatar
Joined: 10 Sep 2013
Posts: 80
Concentration: Sustainability, International Business
Followers: 0

Kudos [?]: 34 [0], given: 2

Re: please let me know the answer [#permalink] New post 22 Sep 2013, 10:04
sharadGmat wrote:
2. Mainstream economic theory holds that manufacturers, in deciding what kinds of products to manufacture and what forms those products should have, simply respond to the needs and desires of consumers. However, as anyone who watches television or listens to the radio knows, advertisements tell people what to buy, rather than solicit input. It is clear that most major manufacturers manipulate and even create consumer demand. A majority of mainstream economic theorists either watch television or listen to the radio. Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two statements above in bold-faced type serve which of the following functions?

(A) The first statement is a premise that supports an intermediate conclusion, and the second statement is a premise that supports the main conclusion.
(B) The first statement is the primary conclusion of the argument, and the second statement provides background information to place the argument in the proper context.
(C) The first statement is a refutation of the main conclusion of the argument, and the second statement is the main conclusion of the argument.
(D) The first statement is an assumption on which the main conclusion is directly based, and the second statement is a premise that supports the main conclusion.
(E) The first statement is an intermediate conclusion of the argument, and the second statement is the main conclusion of the argument.


The answer is A.
The intermediate conclusion in this question is that" It is clear that most major manufacturers manipulate and even create consumer demand"
What the bold faces statements says is that anyone who watches TV knows that advertisers tell people what to buy. ITs a premise that supports the above mentioned intermediate conclusion.
You might wonder, this is the intermediate conclusion, and not the final conclusion, well this is because the final conclusion is at the end of the statement that: the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.
And that is what the second bold face statement does. IT acts as a premise to support the final conclusion, by stating that: A majority of mainstream economic theorists either watch television or listen to the radio.
_________________

Kudos if I helped :)

Re: please let me know the answer   [#permalink] 22 Sep 2013, 10:04
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic The widely accepted big-bang theory holds that the univer ananthbi85 2 16 Feb 2014, 06:47
Mainstream economic theory holds that manufacturers, in deci sharadGmat 7 25 Jun 2006, 00:52
1 Experts publish their posts in the topic The widely accepted big bang theory holds that the universe tcsing 6 07 Jan 2013, 04:04
17 Experts publish their posts in the topic The widely accepted big-bang theory holds that the universe nookway 24 09 Jun 2009, 10:21
Mainstream economic theory holds that manufacturers, in WinWinMBA 6 16 Jun 2005, 15:50
Display posts from previous: Sort by

Mainstream economic theory holds that manufacturers, in deci

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.