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02 Jun 2019, 06:32
Kudos
Bookmarks
A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
(N/A)
Question Stats:
67% (01:53) correct
33%
(02:00)
wrong
based on 3
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History
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Not Attempted Yet
Gasoline retail prices are directly proportional to the price of crude oil per barrel. Last week, gasoline prices averaged $3.24 per gallon. On February 21, 2008, when crude oil price per barrel touched triple digits($) for the first time in history, the average retail price of gasoline was $3.13 per gallon.
Which of the following must be true if the information above is true?
A) Crude Oil Price last week per barrel was at least $100.
B) Crude Oil prices today are higher than what they were on February 21, 2008.
C) There have been only two instances in history when crude oil prices exceeded $100 per barrel.
D) Price of gasoline per gallon was higher last week than the week before
E) Before February 21, 2008, the price of gasoline per gallon was lower than $3.00.
From POE I was able to get to A.
But option A states that Crude Oil Price last week per barrel was at least $100.
VeritasKarishma
nightblade354
Bunuel
Paragraph states Last week gasoline prices averaged $3.24 per gallon ( higher than a price decade ago).
Can we not have case in which through the week Crude Oil Price was not $100.
For eg,
Sunday $95
Monday to Saturday $200
Please notice average here.
Which of the following must be true if the information above is true?
A) Crude Oil Price last week per barrel was at least $100.
B) Crude Oil prices today are higher than what they were on February 21, 2008.
C) There have been only two instances in history when crude oil prices exceeded $100 per barrel.
D) Price of gasoline per gallon was higher last week than the week before
E) Before February 21, 2008, the price of gasoline per gallon was lower than $3.00.
From POE I was able to get to A.
But option A states that Crude Oil Price last week per barrel was at least $100.
VeritasKarishma
nightblade354
Bunuel
Paragraph states Last week gasoline prices averaged $3.24 per gallon ( higher than a price decade ago).
Can we not have case in which through the week Crude Oil Price was not $100.
For eg,
Sunday $95
Monday to Saturday $200
Please notice average here.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Critical Reasoning (CR) Forum
Still interested in this question? Check out the "Best Topics" block below for a better discussion on this exact question, as well as several more related questions.
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02 Jun 2019, 06:35
Kudos
Bookmarks
akash7gupta11
Please search topics before posting: gasoline-retail-prices-are-directly-proportional-to-the-price-of-252071.html#p1949704 Thank you.
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Critical Reasoning (CR) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
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