With a record number of new companies starting up in : GMAT Critical Reasoning (CR) - Page 2
Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 19 Jan 2017, 19:01

### 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

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

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# With a record number of new companies starting up in

Author Message
TAGS:

### Hide Tags

Manager
Joined: 08 Jul 2008
Posts: 148
Followers: 0

Kudos [?]: 3 [0], given: 1

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

09 Nov 2011, 01:19
c
Director
Joined: 28 Jul 2011
Posts: 563
Location: United States
GPA: 3.86
WE: Accounting (Commercial Banking)
Followers: 3

Kudos [?]: 211 [0], given: 16

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

09 Nov 2011, 03:17
No doubt C is the answer
_________________

Intern
Joined: 07 Jan 2012
Posts: 13
GMAT Date: 04-30-2012
WE: Information Technology (Computer Software)
Followers: 1

Kudos [?]: 0 [0], given: 8

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

19 Mar 2012, 14:26
Its C and a very clean one - look out for the "jobs per company" phrase and number of jobs mentioned at the end.
Senior Manager
Joined: 12 Mar 2012
Posts: 369
Concentration: Operations, Strategy
Followers: 2

Kudos [?]: 169 [0], given: 31

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

19 Mar 2012, 22:16
between A and C , i chose A
_________________

Practice Practice and practice...!!

If there's a loophole in my analysis--> suggest measures to make it airtight.

Manager
Joined: 21 Aug 2012
Posts: 150
Followers: 2

Kudos [?]: 60 [0], given: 41

### Show Tags

23 Aug 2013, 05:26
Phoenix72 wrote:
C clearly.
Fills the gap between the Premise-with previously
established companies adding many new jobs, a record number of new jobs were created
last year in the Derderian economy
and
Conclusion-unless
a record number of companies start up this year, Derderia will not break its record for
new jobs created.

I could not get why is A wrong??
Can someone help..!!!

Thanks,
Jai
_________________

MODULUS Concept ---> http://gmatclub.com/forum/inequalities-158054.html#p1257636
HEXAGON Theory ---> http://gmatclub.com/forum/hexagon-theory-tips-to-solve-any-heaxgon-question-158189.html#p1258308

GMAT Club Legend
Joined: 01 Oct 2013
Posts: 10534
Followers: 918

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

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

17 Nov 2014, 22:24
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
GMAT Club Legend
Joined: 01 Oct 2013
Posts: 10534
Followers: 918

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

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

17 Jul 2016, 18:13
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Intern
Joined: 31 Mar 2014
Posts: 16
Location: India
Followers: 1

Kudos [?]: 5 [0], given: 7

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

17 Jul 2016, 19:46
1. Use "Assumption Negation" Technique
2. Negate the answers and the right answer will weaken the Conclusion
Conclusion - Derderia will not break its record for new jobs created unless a record number of companies start up this year
Negate A - In a given year, new companies starting up create less jobs on average than do previously established companies - doesnot weaken the conclusion
Negate B - Out of scope - no affect on conclusion
Negate C - The new companies starting up will provide substantially more jobs per company than did new companies last year. So without record no. of companies, the new companies can have many jobs (No. of jobs = New companies * Jobs-per-company). If jobs-per-company is very high, than without record no. of companies, Derderia will break its record for new jobs. This weakens the conclusion and hence is right answer
Negate D - Out of scope - no affect on conclusion
Negate E - The no. of jobs created last year was less than the no. of jobs lost - No affect on the conclusion
_________________

Director
Status: Impossible is not a fact. It's an opinion. It's a dare. Impossible is nothing.
Affiliations: University of Chicago Booth School of Business
Joined: 26 Nov 2009
Posts: 997
Location: Singapore
Followers: 22

Kudos [?]: 747 [0], given: 36

With a record number of new companies starting up in [#permalink]

### Show Tags

20 Jul 2016, 00:22
Top Contributor
jaituteja wrote:
I could not get why is A wrong??
Can someone help..!!!
Thanks,
Jai

I will explain why A is not the answer. One of the reasons for rejecting A is - use of "average" to account for high "number" (the entire conclusion is about record number), is untenable.
High Average jobs may not best explain (divisor of this ratio n may vary) why the n "number" of start ups may be high this year.

One can see that choice C prevents any one company from contributing heavily to this "record" number, thereby increasing the possibility that the number of start ups will increase substantially this year.

Q With a record number of new companies starting up in Derderia, and with previously
established companies adding many new jobs, a record number of new jobs were created
last year in the Derderian economy. This year, previously established companies will not
be adding as many new jobs overall as such companies added last year. Therefore, unless
a record number of companies start up this year, Derderia will not break its record for
new jobs created.
Which of the following is an assumption on which the argument relies?

A. In a given year, new companies starting up create more new jobs on average than
do previously established companies.
_________________

Please press kudos if you like my post.

Senior Manager
Status: Exam scheduled!!
Joined: 05 Sep 2016
Posts: 411
Location: United States (WI)
Concentration: Marketing, Technology
WE: Other (Law)
Followers: 3

Kudos [?]: 13 [0], given: 241

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

20 Sep 2016, 13:57
C is correct.

A. In a given year, new companies starting up create more new jobs on average than
do previously established companies. --> we're concluding the opposite here - eliminated
B. The number of people seeking employment is no larger this year than it was last
year. - we don't care about people looking for jobs. We're more concerned with # of jobs - eliminated
C. This year, the new companies starting up will not provide substantially more jobs
per company than did new companies last year. - CORRECT
D. Previously established companies in Derderia will be less profitable this year than
such companies were last year. - doesn't say anything about new companies - eliminated
E. The number of jobs created in the Derderian economy last year was substantially
larger than the number of jobs lost. - outside bounds of argument - eliminated
Intern
Joined: 03 Oct 2012
Posts: 2
Followers: 0

Kudos [?]: 0 [0], given: 26

Re: With a record number of new companies starting up in [#permalink]

### Show Tags

23 Dec 2016, 20:44
Please help me here to rule out B. Have checked multiple replies from multiple posts on this. Just, could not get convinced.

With a record number of new companies starting up in Derderia and with previously established companies adding many jobs, a record number of new jobs were created last year in the Derderian economy. This year, previously established companies will not be adding as many new jobs overall as such companies added last year. Therefore, unless a record number of companies start up this year, Derderia will not break its record for the new jobs created.

Which of the following is an assumption on which the argument relies?
A. Each year, new companies starting up create more new jobs overall than do previously established companies.
B. Companies established last year will not add a greater number of jobs overall this year than they did last year.
C. This year, the new companies starting up will not provide substantially more jobs per company than did new companies last year.
D. This year, the overall number of jobs created by previously established companies will be less than the overall number of jobs lost at those companies.
E. The number of jobs created in the Derderian economy last year was substantially larger than the number of jobs lost last year.

jobs added last year = jobs from estb company + jobs from new companies last year.
Doesn't the highlighted, clearly say that, estb company isn't adding anymore jobs BUT never said that the new companies added last year aren't adding new jobs this year.

this yr jobs = jobs from (<strike> estb companies </strike>+ last year added new companies + jobs from new companies of this year )

from argument we know 1st component isn't adding.
conclusion says the 3rd component should definitely happen. Doesn't this mean it is assuming that the 2nd component will not contribute much to the sum?

In that case, B should be the answer right?
And C doesn't make sense if we see the argument this way.

Re: With a record number of new companies starting up in   [#permalink] 23 Dec 2016, 20:44

Go to page   Previous    1   2   [ 31 posts ]

Similar topics Replies Last post
Similar
Topics:
3 With a record number of new companies starting up in 2 15 Nov 2011, 14:03
5 With a record number of new companies starting up in 21 27 Oct 2008, 10:19
1 With a record number of new companies starting up in 8 30 Jun 2008, 03:32
With a record number of new companies starting up in 5 21 May 2008, 05:21
With a record number of new companies starting up in 9 20 Nov 2007, 11:46
Display posts from previous: Sort by