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

It is currently 23 Jul 2014, 08:04

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

When malaria rates in a tropical country are high ..

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Director
Director
User avatar
Status: 1,750 Q's attempted and counting
Affiliations: University of Florida
Joined: 09 Jul 2013
Posts: 513
Location: United States (FL)
Schools: UFL (A)
GMAT 1: 600 Q45 V29
GMAT 2: 590 Q35 V35
GMAT 3: 570 Q42 V28
GMAT 4: 610 Q44 V30
GPA: 3.45
WE: Accounting (Accounting)
Followers: 19

Kudos [?]: 227 [0], given: 629

When malaria rates in a tropical country are high .. [#permalink] New post 03 Oct 2013, 11:42
00:00
A
B
C
D
E

Difficulty:

  15% (low)

Question Stats:

86% (02:12) correct 14% (01:40) wrong based on 49 sessions
Which of the following most logically completes the argument below?

When malaria rates in a tropical country are high, drug companies reduce the cost of many
kinds of anti-parasite medications. The reason is that drug companies want to take in as
much money as possible in medication sales so that they can invest the money into
research for more profitable drugs. Anti-parasite drug cost reductions are likely to
achieve this objective since __________.

(A) when prices decrease, more companies enter the market with competing anti-parasite drugs
(B) drug companies that spend a smaller percentage of revenues on research are unable
to take advantage of anti-parasite drug cost reductions for this reason
(C) many more people will purchase anti-parasite medications if the price is lower than if the
price remained the same
(D) an increase in the number of anti-parasite drugs sold raises the likelihood that some species
of parasite will mutate so that the drug is not effective against it
(E) resulting research is unlikely to result in a malaria vaccine

Source: GMAT Hacks - 081313
[Reveal] Spoiler: OA

_________________

Got Kudos? :) Tis better to give than receive | ANALYSIS OF MOST DIFFICULT QUESTION TYPES
Need motivation? check out this video or this one | "We are what we repeatedly do. Excellence, then, is not an act, but a habit." - Aristotle
100 HARDEST CR QUESTIONS | 100 HARDEST SC QUESTIONS | 100 HARDEST PS QUESTIONS| 25 HARDEST QUESTIONS | 225 RC PASSAGES W/ TIMER!!!
PS QUESTION DIRECTORY|DS QUESTION DIRECTORY | SC QUESTION DIRECTORY | CR QUESTION DIRECTORY | RC QUESTION DIRECTORY

BEST OVERALL QUANT BOOK FOR THE MONEY | MAXIMIZE YOUR STUDY TIME


Last edited by avohden on 06 Oct 2013, 06:08, edited 2 times in total.
Kaplan Promo CodeKnewton GMAT Discount CodesManhattan GMAT Discount Codes
Director
Director
User avatar
Status: 1,750 Q's attempted and counting
Affiliations: University of Florida
Joined: 09 Jul 2013
Posts: 513
Location: United States (FL)
Schools: UFL (A)
GMAT 1: 600 Q45 V29
GMAT 2: 590 Q35 V35
GMAT 3: 570 Q42 V28
GMAT 4: 610 Q44 V30
GPA: 3.45
WE: Accounting (Accounting)
Followers: 19

Kudos [?]: 227 [0], given: 629

Re: When malaria rates in a tropical country are high ... [#permalink] New post 03 Oct 2013, 11:46
Official Explanation

Answer: C Without the presence of additional evidence or logic from an answer choice, the argument doesn't make complete sense. Lowering the cost of a drug doesn't necessarily mean that the seller of a drug would make "as much money as possible." The answer must explain why lowering the price would have this result, probably through drastically increased sales compared to the sales companies could expect if the prices were not lowered. Sure enough, that's choice (C). It solidifies the logic that lowering the price leads to taking in more money, which is the drug companies' stated goal. The other choices are not as directly related to the narrow scope of the argument, which is such a key element of the correct answer choice is any Critical Reasoning question.

_________________

Got Kudos? :) Tis better to give than receive | ANALYSIS OF MOST DIFFICULT QUESTION TYPES
Need motivation? check out this video or this one | "We are what we repeatedly do. Excellence, then, is not an act, but a habit." - Aristotle
100 HARDEST CR QUESTIONS | 100 HARDEST SC QUESTIONS | 100 HARDEST PS QUESTIONS| 25 HARDEST QUESTIONS | 225 RC PASSAGES W/ TIMER!!!
PS QUESTION DIRECTORY|DS QUESTION DIRECTORY | SC QUESTION DIRECTORY | CR QUESTION DIRECTORY | RC QUESTION DIRECTORY

BEST OVERALL QUANT BOOK FOR THE MONEY | MAXIMIZE YOUR STUDY TIME

Re: When malaria rates in a tropical country are high ...   [#permalink] 03 Oct 2013, 11:46
    Similar topics Author Replies Last post
Similar
Topics:
3 When interest rates are high, insurance companies reduce the mohnish104 1 12 Nov 2013, 23:22
Less than 50 percent of a certain tropical country's sher676 10 18 Aug 2009, 09:18
Less than 50 percent of a certain tropical country s jet1445 3 09 Feb 2007, 10:39
Less than 50 percent of a certain tropical country s hkm_gmat 8 10 Oct 2005, 09:27
Consumer advocate: tropical oils are high in saturated fats, Geethu 4 24 Aug 2004, 14:41
Display posts from previous: Sort by

When malaria rates in a tropical country are high ..

  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®.