Bunuel
A certain company produces exactly three products: X, Y, and Z. In 1990, what was the total income for the company from the sale of its products?
(1) In 1990, the company sold 8,000 units of product X, 10,000 units of product Y, and 16,000 units of product Z.
(2) In 1990, the company charged $ 28 per unit for product X and twice as much for product Z.
Given: A certain company produces exactly three products: X, Y, and Z. Target question: In 1990, what was the total income for the company from the sale of its products? Statement 1: In 1990, the company sold 8,000 units of product X, 10,000 units of product Y, and 16,000 units of product Z. We know the total NUMBER of each product sold, but we don't know WHAT PRICE was paid per item, which means we can't calculate the
total incomeStatement 1 is NOT SUFFICIENT
Statement 2: In 1990, the company charged $28 per unit for product X and twice as much for product Z.In other words, the company charged $28 per unit for product X and $56 per unit for product Z.
The statement tells us the PRICE PAID for 2 of the 3 products, but we aren't told the NUMBER of units sold.
Statement 2 is NOT SUFFICIENT
Statements 1 and 2 combined Statement 1 tells us the NUMBER of X's, Y's and Z's sold
Statement 2 tells us the unit PRICE paid for X's and Z's
Since we aren't told the unit price paid for the 10,000 Y's sold, there is no way to determine the
total incomeThe combined statements are NOT SUFFICIENT
Answer: E
Cheers,
Brent