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Difficulty:
45%
(medium)
Question Stats:
72% (02:15) correct
28%
(02:28)
wrong
based on 5866
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A product that represents a clear technological advance over competing products can generally command a high price. Because technological advances tend to be quickly surpassed and companies want to make large profits while they still can, many companies charge the greatest price the market will bear when they have such a product. But large profits on the new product will give competitors a strong incentive to quickly match the new product's capabilities. Consequently, the strategy to maximize overall profit from a new product is to charge less than the greatest possible price.
In the argument above, the two portions in boldface play which of the following roles?
A. The first is an assumption that forms the basis for a course of action that the argument criticizes; the second presents the course of action endorsed by the argument.
B. The first is a consideration raised to explain the appeal of a certain strategy; the second is a consideration raised to call into question the wisdom of adopting that strategy.
C. The first is an assumption that has been used to justify a certain strategy; the second is a consideration that is used to cast doubt on that assumption.
D. The first is a consideration raised in support of a strategy the argument endorses; the second presents grounds in support of that consideration.
E. The first is a consideration raised to show that adopting a certain strategy is unlikely to achieve the intended effect; the second is presented to explain the appeal of that strategy.
CR44930.02
In the argument above, the two portions in boldface play which of the following roles?
A. The first is an assumption that forms the basis for a course of action that the argument criticizes; the second presents the course of action endorsed by the argument.
B. The first is a consideration raised to explain the appeal of a certain strategy; the second is a consideration raised to call into question the wisdom of adopting that strategy.
C. The first is an assumption that has been used to justify a certain strategy; the second is a consideration that is used to cast doubt on that assumption.
D. The first is a consideration raised in support of a strategy the argument endorses; the second presents grounds in support of that consideration.
E. The first is a consideration raised to show that adopting a certain strategy is unlikely to achieve the intended effect; the second is presented to explain the appeal of that strategy.
CR44930.02
03 May 2020, 23:05
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A product that represents a clear technological advance over competing products can generally command a high price. Because technological advances tend to be quickly surpassed and companies want to make large profits while they still can, many companies charge the greatest price the market will bear when they have such a product. But large profits on the new product will give competitors a strong incentive to quickly match the new product's capabilities. Consequently, the strategy to maximize overall profit from a new product is to charge less than the greatest possible price.
In the argument above, the two portions in boldface play which of the following roles?
A. The first is an assumption that forms the basis for a course of action that the argument criticizes; the second presents the course of action endorsed by the argument.
B. The first is a consideration raised to explain the appeal of a certain strategy; the second is a consideration raised to call into question the wisdom of adopting that strategy.
C. The first is an assumption that has been used to justify a certain strategy; the second is a consideration that is used to cast doubt on that assumption.
D. The first is a consideration raised in support of a strategy the argument endorses; the second presents grounds in support of that consideration.
E. The first is a consideration raised to show that adopting a certain strategy is unlikely to achieve the intended effect; the second is presented to explain the appeal of that strategy.
Hello,
The first statement is a consideration so we eliminate A and C.
Option E is out of scope
Now between B and D,
The 2nd statement in D states that the statement supports the argument, which is not correct. So Eliminate D
We are left with Option B where the 2nd statement calls into question, which suffices our requirement.
Official Answer:- Option B
Thank you.
Regards,
Raunak Damle!
In the argument above, the two portions in boldface play which of the following roles?
A. The first is an assumption that forms the basis for a course of action that the argument criticizes; the second presents the course of action endorsed by the argument.
B. The first is a consideration raised to explain the appeal of a certain strategy; the second is a consideration raised to call into question the wisdom of adopting that strategy.
C. The first is an assumption that has been used to justify a certain strategy; the second is a consideration that is used to cast doubt on that assumption.
D. The first is a consideration raised in support of a strategy the argument endorses; the second presents grounds in support of that consideration.
E. The first is a consideration raised to show that adopting a certain strategy is unlikely to achieve the intended effect; the second is presented to explain the appeal of that strategy.
Hello,
The first statement is a consideration so we eliminate A and C.
Option E is out of scope
Now between B and D,
The 2nd statement in D states that the statement supports the argument, which is not correct. So Eliminate D
We are left with Option B where the 2nd statement calls into question, which suffices our requirement.
Official Answer:- Option B
Thank you.
Regards,
Raunak Damle!
A product that represents a clear technological advance over competing products can generally command a high price. Because technological advances tend to be quickly surpassed and companies want to make large profits while they still can, many companies charge the greatest price the market will bear when they have such a product. But large profits on the new product will give competitors a strong incentive to quickly match the new product's capabilities. Consequently, the strategy to maximize overall profit from a new product is to charge less than the greatest possible price.
In the argument above, the two portions in boldface play which of the following roles?
Para Map:
A product that represents a clear technological advance over competing products can generally command a high price. - A generic statement.
Because technological advances tend to be quickly surpassed - Using 'because' the author suggests to give a reasoning/consideration/logic behind some claim he/she about to make( or by a someone else). And that reasoning is BF1.
and companies want to make large profits while they still can, many companies charge the greatest price the market will bear when they have such a product. - Here 'companies... can' is also a reasoning as BF1. 'many.... product' is the result of the those reasoning behind it.
But large profits on the new product will give competitors a strong incentive to quickly match the new product's capabilities. - The big word here is 'But' as it signifies a change of course by author. BF2 - 'large... capabilities' - is another reasoning; note the keyword 'incentive' together with 'but', it presents a case against the outcome we had from first reasoning.
Consequently, the strategy to maximize overall profit from a new product is to charge less than the greatest possible price. - Again a keyword 'Consequently' suggests a conclusion made by author. And that conclusion is an strategy proposed by author in lieu to his/her counter-reasoning of the first reasoning-result.
A. The first is an assumption that forms the basis for a course of action that the argument criticizes; the second presents the course of action endorsed by the argument. - WRONG. Assumption is still okay to say and yes its the basis of first result which author is against to - author is not directly criticizing. Second part is wrong here as it's not the course of action - keyword is 'endorsed' and 'criticizes'.
B. The first is a consideration raised to explain the appeal of a certain strategy; the second is a consideration raised to call into question the wisdom of adopting that strategy. - CORRECT. First part is okay - we can say BF1 as consideration. Second part is also correct as BF2 is a consideration. Note the keywords 'question .... adopting' which is the right way to say that author was criticizing the BF1 and its result.
C. The first is an assumption that has been used to justify a certain strategy; the second is a consideration that is used to cast doubt on that assumption. - WRONG. First part is right - justify is still reasonable to say - bit a stretch but okay. In the second part 'cast doubt...assumption' is wrong since BF2 is weakening the first strategy.
D. The first is a consideration raised in support of a strategy the argument endorses; the second presents grounds in support of that consideration. - WRONG. 'consideration ... strategy' is fine but 'argument endorses' is wrong. Second part is totally wrong - keyword is 'support'.
E. The first is a consideration raised to show that adopting a certain strategy is unlikely to achieve the intended effect; the second is presented to explain the appeal of that strategy. - WRONG. First part is incorrect to say 'unlikely ... effect'. Second part is incorrect to say 'explain... strategy' - keyword is 'explain'. If you read this option carefully it refers to only one strategy and 'that' refers to the strategy belonging to the part before 'but'. Neither, as per this option, BF1 is right in saying 'unlikely ... effect', nor BF2 is right in saying 'explain... strategy'.
Note that Boldface Questions are like this. They mix up the two parts/BF arguments and thus confusing.
There are four possibilities, broadly speaking, for the five answer choices to choose from.
1. Incorrect BF1, Correct BF2
2. Incorrect BF1, Incorrect BF2 - Choices A, D and E.
3. Correct BF1, Incorrect BF2 - Choice C.
4. Correct BF1, Correct BF2 - Choice B.
Answer B.
Edited after a query.
In the argument above, the two portions in boldface play which of the following roles?
Para Map:
A product that represents a clear technological advance over competing products can generally command a high price. - A generic statement.
Because technological advances tend to be quickly surpassed - Using 'because' the author suggests to give a reasoning/consideration/logic behind some claim he/she about to make( or by a someone else). And that reasoning is BF1.
and companies want to make large profits while they still can, many companies charge the greatest price the market will bear when they have such a product. - Here 'companies... can' is also a reasoning as BF1. 'many.... product' is the result of the those reasoning behind it.
But large profits on the new product will give competitors a strong incentive to quickly match the new product's capabilities. - The big word here is 'But' as it signifies a change of course by author. BF2 - 'large... capabilities' - is another reasoning; note the keyword 'incentive' together with 'but', it presents a case against the outcome we had from first reasoning.
Consequently, the strategy to maximize overall profit from a new product is to charge less than the greatest possible price. - Again a keyword 'Consequently' suggests a conclusion made by author. And that conclusion is an strategy proposed by author in lieu to his/her counter-reasoning of the first reasoning-result.
A. The first is an assumption that forms the basis for a course of action that the argument criticizes; the second presents the course of action endorsed by the argument. - WRONG. Assumption is still okay to say and yes its the basis of first result which author is against to - author is not directly criticizing. Second part is wrong here as it's not the course of action - keyword is 'endorsed' and 'criticizes'.
B. The first is a consideration raised to explain the appeal of a certain strategy; the second is a consideration raised to call into question the wisdom of adopting that strategy. - CORRECT. First part is okay - we can say BF1 as consideration. Second part is also correct as BF2 is a consideration. Note the keywords 'question .... adopting' which is the right way to say that author was criticizing the BF1 and its result.
C. The first is an assumption that has been used to justify a certain strategy; the second is a consideration that is used to cast doubt on that assumption. - WRONG. First part is right - justify is still reasonable to say - bit a stretch but okay. In the second part 'cast doubt...assumption' is wrong since BF2 is weakening the first strategy.
D. The first is a consideration raised in support of a strategy the argument endorses; the second presents grounds in support of that consideration. - WRONG. 'consideration ... strategy' is fine but 'argument endorses' is wrong. Second part is totally wrong - keyword is 'support'.
E. The first is a consideration raised to show that adopting a certain strategy is unlikely to achieve the intended effect; the second is presented to explain the appeal of that strategy. - WRONG. First part is incorrect to say 'unlikely ... effect'. Second part is incorrect to say 'explain... strategy' - keyword is 'explain'. If you read this option carefully it refers to only one strategy and 'that' refers to the strategy belonging to the part before 'but'. Neither, as per this option, BF1 is right in saying 'unlikely ... effect', nor BF2 is right in saying 'explain... strategy'.
Note that Boldface Questions are like this. They mix up the two parts/BF arguments and thus confusing.
There are four possibilities, broadly speaking, for the five answer choices to choose from.
1. Incorrect BF1, Correct BF2
2. Incorrect BF1, Incorrect BF2 - Choices A, D and E.
3. Correct BF1, Incorrect BF2 - Choice C.
4. Correct BF1, Correct BF2 - Choice B.
Answer B.
Edited after a query.
