RuchitaB wrote:
I thought they won't charge their grandchildren and so B is more appropriate...please help
Hey
RuchitaB,
I can help with this one!
Short answer: Nobody is charging the grandkids! They are children after all
.
Choice D actually talks about grandparents renting furniture from furniture-rental companies for those times when their grandchildren visit.
Long answer: From what I see, it will be useful to discuss three aspects of this question in particular:
1. What is the exact paradox here?
2. Why is option B incorrect?
3. Why is option D correct?
Let’s keep it simple – let's
visualize the information through an example to understand the above aspects!
What is the exact paradox here? Say, there are 100 families in these communities.
Say, 95 of these families are retired folks (no children staying in the house!). Say, the remaining 5 families are families with children.
In such a market, where only 5 out of 100 families have children, one would not expect companies that specialize in renting furniture for babies and children to do well.
The paradox is that somehow, even in such a market, where 95% of homes do not even have children, such businesses are thriving (doing very well!). How is that possible?
Why is option B incorrect? Option B: The few children who do reside in these communities all know each other and often make overnight visits to one another’s houses. What this choice means is that the children from the 5 families know each other and visit each other’s houses. But -
1. These 5 families already have children. This means that these households, in all probability, already have the furniture needed for infants/children.
2. The children would simply be making overnight visits at households that already have furniture.
3. In other words, children making overnight visits to one another’s houses cannot really explain the success of the furniture-rental businesses.
Do you see why option B does not really help us resolve the paradox?
Why is option D correct? Option D: Many residents of these communities must provide for the needs of visiting grandchildren several weeks a year. 95 out of the 100 households are retired folks (the age when many of us are grandparents!). Choice D suggests that many of these residents will have to get furniture at least on rent for when their grandchildren visit.
This can very well explain why these furniture rental companies are thriving. Many grandparents are simply renting furniture whenever their grandchildren visit, thus providing revenue to these businesses.
This is why option D works.
Hope this helps!
Harsha
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