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

It is currently 24 May 2013, 20:32
Customize  |  Hide

When the supply of a given resource dwindles, alternative

  Question banks Downloads My Bookmarks Reviews  
Author Message
TAGS:
SVP
SVP
User avatar
Joined: 16 Jul 2009
Posts: 1635
Schools: CBS
WE 1: 4 years (Consulting)
Followers: 25

Kudos [?]: 119 [0], given: 2

GMAT Tests User
When the supply of a given resource dwindles, alternative [#permalink] New post 04 Jun 2010, 05:44
00:00

Question Stats:

14% (02:33) correct 85% (01:49) wrong based on 0 sessions
When the supply of a given resource dwindles, alternative technologies allowing the use of different resources develop, and demand for the resource that was in short supply naturally declines. Then the existing supplies of that resource satisfy whatever demand remains. Among the once-dwindling resources that are now in more than adequate supply are flint for arrowheads, trees usable for schooner masts, and good mules. Because new technologies constantly replace old ones, we can never run out of important natural resources.
Which one of the following, if true, most seriously undermines the conclusion?
(A) The masts and hulls of some sailing ships built today are still made of wood.
(B) There are considerably fewer mules today than there were 100 years ago.
(C) The cost of some new technologies is often so high that the companies developing them might actually lose money at first.
(D) Dwindling supplies of a natural resource often result in that resource’s costing more to use.
(E) The biological requirements for substances like clean air and clean water are unaffected by technological change.
_________________

The sky is the limit
800 is the limit


Find out what's new at GMAT Club - latest features and updates

Manager
Manager
Joined: 04 Apr 2010
Posts: 70
Schools: UCLA Anderson
Followers: 1

Kudos [?]: 9 [0], given: 5

Re: When the supply of a given resource dwindles [#permalink] New post 04 Jun 2010, 12:22
We have to pick the answer that directly undermines the conclusion, "Because new technologies constantly replace old ones, we can never run out of important natural resources."

A. may be true, but is irrelevant
B. may be true, but is irrelevant
C. outside the scope
D. may be true, but is irrelevant
E. Correct - says that there are some natural resources that can't be replaced by technology, therefore this statement undermines the conclusion.

My opinion is E
Manager
Manager
Joined: 14 Apr 2010
Posts: 241
Followers: 2

Kudos [?]: 7 [0], given: 1

GMAT Tests User
Re: When the supply of a given resource dwindles [#permalink] New post 04 Jun 2010, 20:59
Why is "B" irrelevant?
Intern
Intern
Joined: 09 Aug 2009
Posts: 28
Followers: 0

Kudos [?]: 1 [0], given: 2

Re: When the supply of a given resource dwindles [#permalink] New post 05 Jun 2010, 16:52
I am with E too.

I am not sure whether B is irrelevant, but B is not correct; because there might be less mules today, but with the benefit of technology, the use of the dwindle resource (mules) might be taken over by horse or some firm grown something. But you cannot affect E through technology.
SVP
SVP
Joined: 17 Feb 2010
Posts: 1570
Followers: 12

Kudos [?]: 121 [0], given: 6

Re: When the supply of a given resource dwindles [#permalink] New post 08 Jun 2010, 12:24
E for me.
VP
VP
Joined: 15 Jul 2004
Posts: 1481
Schools: Wharton (R2 - submitted); HBS (R2 - submitted); IIMA (admitted for 1 year PGPX)
Followers: 9

Kudos [?]: 59 [0], given: 13

GMAT Tests User
Re: When the supply of a given resource dwindles [#permalink] New post 01 Jul 2010, 10:09
Do we have OA? I picked E too.. @3mins phew!!!!
Manager
Manager
Joined: 24 Dec 2009
Posts: 229
Followers: 2

Kudos [?]: 20 [0], given: 3

GMAT Tests User
Re: When the supply of a given resource dwindles [#permalink] New post 01 Jul 2010, 10:39
(A) The masts and hulls of some sailing ships built today are still made of wood.
(B) There are considerably fewer mules today than there were 100 years ago.
(C) The cost of some new technologies is often so high that the companies developing them might actually lose money at first.
(D) Dwindling supplies of a natural resource often result in that resource’s costing more to use.
(E) The biological requirements for substances like clean air and clean water are unaffected by technological change.
-- since there are some resources that cannot be replaced by new technology, author's conclusion come into question. Hence E weakens the argument and is the correct answer choice.

Thank You.

Thanks,
Akhil M.Parekh
Intern
Intern
Joined: 12 Feb 2010
Posts: 18
Followers: 0

Kudos [?]: 1 [0], given: 0

Re: When the supply of a given resource dwindles [#permalink] New post 02 Jul 2010, 01:20
I also maked E but confuse about the conclusion. which one if the following

1.When the supply of a given resource dwindles, alternative technologies allowing the use of different resources develop, and demand for the resource that was in short supply naturally declines.

2.Then the existing supplies of that resource satisfy whatever demand remains

3.Because new technologies constantly replace old ones, we can never run out of important natural resources.


If 3rd the the conclusion then we cannot really say E undermines the conclusion. But infact E supports the conclusion.
Re: When the supply of a given resource dwindles   [#permalink] 02 Jul 2010, 01:20
    Similar topics Author Replies Last post
Similar
Topics:
New posts When the supply of a given resource dwindles, alternative srijay007 4 05 Aug 2004, 01:06
Popular new posts When the supply of a given resource dwindles, alternative saurya_s 16 01 Mar 2005, 10:42
New posts When the supply of a given resource dwindles, alternative WinWinMBA 5 16 Jun 2005, 16:48
New posts When the supply of a given resource dwindles, alternative prude_sb 3 11 Feb 2007, 22:29
New posts Decreasing available grants, when unrelieved alternatively mattapraveen 5 13 Aug 2011, 00:39
Display posts from previous: Sort by

When the supply of a given resource dwindles, alternative

  Question banks Downloads My Bookmarks Reviews  


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®.