Events & Promotions
|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 1912:30 PM EST
-01:30 PM EST
Learn how Keshav, a Chartered Accountant, scored an impressive 705 on GMAT in just 30 days with GMATWhiz's expert guidance. In this video, he shares preparation tips and strategies that worked for him, including the mock, time management, and more
Nov 2007:30 AM PST
-08:30 AM PST
Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
Nov 2001:30 PM EST
-02:30 PM IST
Learn how Kamakshi achieved a GMAT 675 with an impressive 96th %ile in Data Insights. Discover the unique methods and exam strategies that helped her excel in DI along with other sections for a balanced and high score.
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2407:00 PM PST
-08:00 PM PST
Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
Updated on: 04 Mar 2019, 04:04
Originally posted by imhimanshu on 01 Aug 2012, 23:17.
Last edited by Bunuel on 04 Mar 2019, 04:04, edited 5 times in total.
Last edited by Bunuel on 04 Mar 2019, 04:04, edited 5 times in total.
Renamed the topic and edited the question.
Kudos
Bookmarks
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
45%
(medium)
Question Stats:
69% (02:01) correct
31%
(02:06)
wrong
based on 2327
sessions
History
Date
Time
Result
Not Attempted Yet
Products with innovative and appealing designs relative to competing products often command substantially higher prices in the marketplace. Because design innovations are quickly copied by other manufacturers, many consumer technology companies charge as much as possible for their new designs to extract as much value as possible from them. But large profits generated by innovative designs give stronger incentives to copy the designs. Therefore, the best strategy to maximize overall profit from an innovative new design is to charge less than the greatest possible price.
In the argument above , the 2 portions in boldface (uppercase) play which of the following roles ?
(A) The First is an assumption that supports a described course of action; The second provides a consideration to support a preferred course of action.
(B) The first is a consideration that helps explain the appeal of a certain strategy;the second presents an alternative strategy endorsed by the argument.
(C) The first is a phenomenon that justifies a specific strategy ; the second is that strategy.
(D) The first is a consideration that demonstrates why a particular approach is flawed; the second describes a way to amend that approach.
(E) The first is a factor used to rationalize a particular strategy; The second is a factor against that strategy.
In the argument above , the 2 portions in boldface (uppercase) play which of the following roles ?
(A) The First is an assumption that supports a described course of action; The second provides a consideration to support a preferred course of action.
(B) The first is a consideration that helps explain the appeal of a certain strategy;the second presents an alternative strategy endorsed by the argument.
(C) The first is a phenomenon that justifies a specific strategy ; the second is that strategy.
(D) The first is a consideration that demonstrates why a particular approach is flawed; the second describes a way to amend that approach.
(E) The first is a factor used to rationalize a particular strategy; The second is a factor against that strategy.
02 Aug 2012, 02:22
Kudos
Bookmarks
imhimanshu
Responding to a pm:
There are two strategies discussed here:
1. charge as much as possible for their new designs
2. CHARGE LESS THAN THE GREATEST POSSIBLE PRICE.
The argument endorses the second strategy.
The first statement in bold "BECAUSE DESIGN INNOVATIONS ARE QUICKLY COPIED BY OTHER MANUFACTURERS" explains the reason for the appeal of the first strategy.
The second statement in bold is the second strategy, the strategy endorsed by the argument.
Answer is option (B) (not (C)).
09 Oct 2013, 00:11
Kudos
Bookmarks
mohnish104
(E) The first is a factor used to rationalize a particular strategy; The second is a factor against that strategy.
(E) is incorrect because the second bold statement is not a factor against the strategy to charge as much as possible but it is actually an alternative strategy - "to charge less".
(B) gives you the correct answer.
