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

It is currently 20 Aug 2014, 12:48

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

While price supports for dairy products will save jobs in

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Manager
Manager
User avatar
Joined: 04 Jan 2008
Posts: 120
Followers: 2

Kudos [?]: 15 [0], given: 0

While price supports for dairy products will save jobs in [#permalink] New post 05 Sep 2008, 21:21
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

50% (03:02) correct 50% (01:42) wrong based on 4 sessions
While price supports for dairy products will save jobs in the dairy industry, they will also endanger jobs in other food industries. Because price supports will make dairy products more expensive, families will spend a greater portion of their food budgets on dairy products.

The author's argument depends on which of the following premises ?

(A) Most consumers would not prefer lower-priced dairy products to other lower-priced food items.
(B) If dairy price supports are implemented, there will be an increase in the number of jobs in the dairy industry.
(C) Consumers would spend more money on other types of food if there were no dairy price supports.
(D) If price supports for other food products were implemented, sales of those products would decline.
(E) The quantity of dairy products sold will decrease if price supports are implemented.
Senior Manager
Senior Manager
avatar
Joined: 06 Apr 2008
Posts: 452
Followers: 1

Kudos [?]: 44 [0], given: 1

Re: Zumit CR 001 [#permalink] New post 05 Sep 2008, 21:32
dancinggeometry wrote:
While price supports for dairy products will save jobs in the dairy industry, they will also endanger jobs in other food industries. Because price supports will make dairy products more expensive, families will spend a greater portion of their food budgets on dairy products.

The author's argument depends on which of the following premises ?

(A) Most consumers would not prefer lower-priced dairy products to other lower-priced food items.
(B) If dairy price supports are implemented, there will be an increase in the number of jobs in the dairy industry.
(C) Consumers would spend more money on other types of food if there were no dairy price supports.
(D) If price supports for other food products were implemented, sales of those products would decline.
(E) The quantity of dairy products sold will decrease if price supports are implemented.


A) -> Out of scope
B) -> There is no talk about increase in jobs in dairy
C) -> Yes. If consumer would spend more money on other products then those food industries will not suffer.
D) -> Out of scope
E) -> This may happen but author's main point is endangering other food industries.

IMO C)
VP
VP
avatar
Joined: 17 Jun 2008
Posts: 1406
Followers: 7

Kudos [?]: 112 [0], given: 0

GMAT Tests User
Re: Zumit CR 001 [#permalink] New post 05 Sep 2008, 22:05
dancinggeometry wrote:
While price supports for dairy products will save jobs in the dairy industry, they will also endanger jobs in other food industries. Because price supports will make dairy products more expensive, families will spend a greater portion of their food budgets on dairy products.

The author's argument depends on which of the following premises ?

(A) Most consumers would not prefer lower-priced dairy products to other lower-priced food items. -> yes this corectly supports the fact that families spoend larger budget on dairy now
(B) If dairy price supports are implemented, there will be an increase in the number of jobs in the dairy industry. -> this talks about increase i jobs in dairy but we want to save jobbs in dairy again it does not give info about jobs in others IRRELEVANT
(C) Consumers would spend more money on other types of food if there were no dairy price supports. -> this is not related to context discussed !!we need to know post price support effects.pre pricesupport effect does not contribute to this
(D) If price supports for other food products were implemented, sales of those products would decline. -> OOS argument talks about effect of price support in dairy ,not in other food industry
(E) The quantity of dairy products sold will decrease if price supports are implemented. -> this is OOS

_________________

cheers
Its Now Or Never

Manager
Manager
User avatar
Joined: 04 Jan 2008
Posts: 120
Followers: 2

Kudos [?]: 15 [0], given: 0

Re: Zumit CR 001 [#permalink] New post 06 Sep 2008, 23:04
OA is C.

A--> Ambiguous Terminology. The word "prefer" is used when consumer preference was never really touched up. Also, this answer choice contends that "most consumers would not prefer lower-priced dairy products to other lower-priced food items". This terminology is vague...we are given to ask: " lower than what?"

B--> This choice states that there will be an increase in the number of jobs, when in fact the argument only states that the implementation of dairy supports will "save" job.

E--> Out of scope
Senior Manager
Senior Manager
avatar
Joined: 27 May 2009
Posts: 282
Followers: 2

Kudos [?]: 55 [0], given: 18

GMAT Tests User
price supports for dairy products [#permalink] New post 27 Aug 2009, 03:33
While price supports for dairy products will save jobs in the dairy industry, they will also endanger jobs in other food industries. Because price supports will make dairy products more expensive, families will spend a greater portion of their food budgets on dairy products.

The author’s argument depends on which of the following premises?


Most consumers would not prefer lower-priced dairy products to other lower-priced food items.

If dairy price supports are implemented, there will be an increase in the number of jobs in the dairy industry.

Consumers would spend more money on other types of food if there were no dairy price supports.

If price supports for other food products were implemented, sales of those products would decline.

The quantity of dairy products sold will decrease if price supports are implemented
Director
Director
User avatar
Joined: 01 Apr 2008
Posts: 909
Schools: IIM Lucknow (IPMX) - Class of 2014
Followers: 15

Kudos [?]: 203 [0], given: 18

GMAT Tests User
Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 03:44
C looks the best. C is necessary to arrive at the conclusion that other products will be surely be affected by the price supports for dairy products. If people did not spend much on other products in any case then it does not really matter if price supports for dairy products are implemented or not.
Senior Manager
Senior Manager
avatar
Joined: 29 Jul 2009
Posts: 316
Followers: 4

Kudos [?]: 198 [0], given: 9

GMAT Tests User
Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 04:23
I also think that the correct answer choice is C.

The author assumes that even with the increased in price of dairy products, people will keep buying them and buy less other food products; therefore this practice will endanger jobs in other food industries.

If we logically negate option C

Consumers would spend more money on other types of food if there were [strike]no[/strike] dairy price supports

completely invalids the reasoning.
Intern
Intern
avatar
Joined: 30 Sep 2008
Posts: 37
Followers: 0

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

Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 08:01
Anther vote for C
Senior Manager
Senior Manager
User avatar
Joined: 26 Jul 2009
Posts: 359
Followers: 2

Kudos [?]: 27 [0], given: 32

GMAT Tests User
Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 20:47
Go with C too.
Intern
Intern
avatar
Joined: 08 May 2009
Posts: 22
Followers: 0

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

Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 21:04
Why not A?

Most consumers would not prefer lower-priced dairy products to other lower-priced food items.

Can this be re-stated as: Most consumers would prefer higher priced dairy products to other lower-priced food items.

Option C says that consumers would spend MORE on other products if the price support is not implemented. But we cannot assume that because consumers are already paying what they are paying for other products without the price support.

What's the OA?
Senior Manager
Senior Manager
avatar
Joined: 29 Jul 2009
Posts: 316
Followers: 4

Kudos [?]: 198 [0], given: 9

GMAT Tests User
Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 22:34
proych wrote:
Why not A?

Most consumers would not prefer lower-priced dairy products to other lower-priced food items.

Can this be re-stated as: Most consumers would prefer higher priced dairy products to other lower-priced food items.

Option C says that consumers would spend MORE on other products if the price support is not implemented. But we cannot assume that because consumers are already paying what they are paying for other products without the price support.

What's the OA?

if you logically negate A you get

Most consumers would prefer lower-priced dairy products to other lower-priced food items.

which is consistent with the conclusion that people will spend more money on dairy products.
Manager
Manager
avatar
Joined: 09 Aug 2009
Posts: 56
Followers: 1

Kudos [?]: 4 [0], given: 1

Re: price supports for dairy products [#permalink] New post 27 Aug 2009, 22:57
one more C
Intern
Intern
avatar
Joined: 08 May 2009
Posts: 22
Followers: 0

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

Re: price supports for dairy products [#permalink] New post 28 Aug 2009, 03:37
Do not negate A. Restate A. Not preferring lower priced dairy products is the same as saying preferring higher priced dairy products to other products.

Option C does not address PREFERENCE of dairy products over non-dairy products. The question clearly asks the PREMISE under which the author makes his conclusion. Option A addresses that premise of preference.

Still not convinced. What is the OA?



mikeCoolBoy wrote:
proych wrote:
Why not A?

Most consumers would not prefer lower-priced dairy products to other lower-priced food items.

Can this be re-stated as: Most consumers would prefer higher priced dairy products to other lower-priced food items.

Option C says that consumers would spend MORE on other products if the price support is not implemented. But we cannot assume that because consumers are already paying what they are paying for other products without the price support.

What's the OA?

if you logically negate A you get

Most consumers would prefer lower-priced dairy products to other lower-priced food items.

which is consistent with the conclusion that people will spend more money on dairy products.
Senior Manager
Senior Manager
avatar
Joined: 29 Jul 2009
Posts: 316
Followers: 4

Kudos [?]: 198 [0], given: 9

GMAT Tests User
Re: price supports for dairy products [#permalink] New post 28 Aug 2009, 04:18
proych wrote:
Not preferring lower priced dairy products is the same as saying preferring higher priced dairy products to other products.


If I understood well, according to you

Most consumers would not prefer lower-priced dairy products to other lower-priced food items = Most consumers would prefer high-priced dairy products to other products

is that right?
Manager
Manager
avatar
Status: Single
Joined: 05 Jun 2011
Posts: 133
Location: Shanghai China
Followers: 2

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

Pls help me to explain this. CR problem [#permalink] New post 29 Jun 2011, 05:56
While price supports for dairy products will save jobs in the dairy industry, they will also endanger jobs in other food industries. Because price supports will make dairy products more expensive, families will spend a greater portion of their food budgets on dairy products.

The author’s argument depends on which of the following premises?

A: Most consumers would not prefer lower-priced dairy products to other lower-priced food items.

B: If dairy price supports are implemented, there will be an increase in the number of jobs in the dairy industry.

C: Consumers would spend more money on other types of food if there were no dairy price supports.

D: If price supports for other food products were implemented, sales of those products would decline.

E: The quantity of dairy products sold will decrease if price supports are implemented.


[Reveal] Spoiler: My doubt
why is C?
Retired Moderator
User avatar
Status: 2000 posts! I don't know whether I should feel great or sad about it! LOL
Joined: 04 Oct 2009
Posts: 1726
Location: Peru
Schools: Harvard, Stanford, Wharton, MIT & HKS (Government)
WE 1: Economic research
WE 2: Banking
WE 3: Government: Foreign Trade and SMEs
Followers: 65

Kudos [?]: 275 [0], given: 109

GMAT Tests User
Re: Pls help me to explain this. CR problem [#permalink] New post 16 Aug 2011, 08:23
+1 C
_________________

"Life’s battle doesn’t always go to stronger or faster men; but sooner or later the man who wins is the one who thinks he can."

My Integrated Reasoning Logbook / Diary: my-ir-logbook-diary-133264.html

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Manager
Manager
User avatar
Joined: 13 Nov 2009
Posts: 120
Location: India
Concentration: Finance, Marketing
GPA: 4
WE: General Management (Insurance)
Followers: 1

Kudos [?]: 9 [0], given: 16

Re: Pls help me to explain this. CR problem [#permalink] New post 16 Aug 2011, 08:27
c.+1
Re: Pls help me to explain this. CR problem   [#permalink] 16 Aug 2011, 08:27
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Searching for Jobs WHILE Applying... DeterminedMBA2012 1 15 Aug 2013, 08:30
Experts publish their posts in the topic Job Searching while Applying DeterminedMBA2012 1 15 Aug 2013, 08:15
price supports AK47 11 03 Nov 2006, 18:00
CR - Dairy Products b14kumar 10 22 Jul 2006, 01:10
The price of a product is $a. Bill bought s products and anuramm 6 01 Sep 2004, 08:23
Display posts from previous: Sort by

While price supports for dairy products will save jobs in

  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®.