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

It is currently 24 Oct 2014, 10:56

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

People waste a surprising amount of money on gadgets and

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Manager
Manager
User avatar
Joined: 24 Aug 2012
Posts: 129
Followers: 1

Kudos [?]: 84 [0], given: 2

Reviews Badge
People waste a surprising amount of money on gadgets and [#permalink] New post 21 Oct 2012, 14:22
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

75% (01:50) correct 25% (01:01) wrong based on 20 sessions
People waste a surprising amount of money on gadgets and doodads that they hardly ever use. For example, my brother spent $25 on an electric ice-cream maker two years ago, but he has used it on only three occasions. Yet, he insists that regardless of the number of times he actually uses the ice-cream maker, the investment was a good one because ___________.

Which of the following best completes the thought of the paragraph?

A. the price of ice cream will go up in the future
B. he has purchased the ice-cream maker for the convenience of having it available if and when he needs it
C. in a society that is oriented toward consumer goods, one should take every opportunity to acquire things
D. today $25 is not worth what it was two years ago on account of the inflation rate
E. by using it so infrequently he has conserved a considerable amount of electrical energy
_________________

Push +1 kudos button please, if you like my post

Moderator
Moderator
User avatar
Joined: 02 Jul 2012
Posts: 1227
Location: India
Concentration: Strategy
GMAT 1: 740 Q49 V42
GPA: 3.8
WE: Engineering (Energy and Utilities)
Followers: 67

Kudos [?]: 717 [0], given: 116

Premium Member
Re: People waste a surprising amount of money on gadgets [#permalink] New post 21 Oct 2012, 22:57
Answer should be B. Only this option correlates with the fact that the investment was still meaningful regardless of the number of times the machine was used.
_________________

Did you find this post helpful?... Please let me know through the Kudos button.

Thanks To The Almighty - My GMAT Debrief

GMAT Reading Comprehension: 7 Most Common Passage Types

Senior Manager
Senior Manager
avatar
Joined: 08 Jun 2010
Posts: 397
Location: United States
Concentration: General Management, Finance
GMAT 1: 680 Q50 V32
Followers: 3

Kudos [?]: 60 [0], given: 13

Re: People waste a surprising amount of money on gadgets [#permalink] New post 21 Oct 2012, 23:31
B.

A. the price of ice cream will go up in the future -- out of scope.
B. he has purchased the ice-cream maker for the convenience of having it available if and when he needs it -- ANSWER
C. in a society that is oriented toward consumer goods, one should take every opportunity to acquire things -- seems like a general answer and not specific one
D. today $25 is not worth what it was two years ago on account of the inflation rate -- yes but you still need to use the device so that the item is a good investment.
E. by using it so infrequently he has conserved a considerable amount of electrical energy -- Yes but it depends on the usage of the device.
Re: People waste a surprising amount of money on gadgets   [#permalink] 21 Oct 2012, 23:31
    Similar topics Author Replies Last post
Similar
Topics:
5 Experts publish their posts in the topic The table above shows the amount of waste material, in tons kt00381n 6 01 Nov 2009, 12:13
The commission acknowledged that no amount of money or staff querio 7 11 Apr 2007, 04:32
4 The amount of money estimated to be lost by Hollywood gmacvik 9 17 Feb 2007, 15:15
Manhattan GMAT - HUGE WASTE OF MONEY Yoonsun21 10 30 Sep 2005, 13:02
The commission acknowledged that no amount of money or staff okdongdong 4 22 Jul 2005, 05:21
Display posts from previous: Sort by

People waste a surprising amount of money on gadgets and

  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®.