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Statement of a United States copper mining company: Import [#permalink]
26 Sep 2005, 11:15
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Statement of a United States copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.
If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturerâ€™s argument
(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining companyâ€™s own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining companyâ€™s business will prosper if the mining companyâ€™s proposal is rejected
while there is merit in C there is also consideration for B as it sets out by saying manufacturers are the prime consumers of the mining company and if they are not able to do well, the mining company will also not do well.
Check out this awesome article about Anderson on Poets Quants, http://poetsandquants.com/2015/01/02/uclas-anderson-school-morphs-into-a-friendly-tech-hub/ . Anderson is a great place! Sorry for the lack of updates recently. I...