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Because few consumers are content without toilet paper, bread

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Concentration: International Business, Marketing
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Because few consumers are content without toilet paper, bread [#permalink]

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New post 17 Aug 2017, 17:58
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Difficulty:

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Question Stats:

35% (01:55) correct 65% (01:32) wrong based on 128 sessions

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Because few consumers are content without toilet paper, bread, or shampoo, such basic consumer goods have long been assumed to be “recession-proof,” which is to say that the sales of such goods would be unaffected by economic recession. Many consumers, however, either choose to buy smaller quantities in order to reduce waste, or purchase items in bulk, which offers better value.

Which of the following most accurately describes the role played by the claim that many consumers either choose to buy smaller
quantities or purchase in bulk during times of economic recession?

(A) It is a rationale behind a commonly adopted position whose validity the author challenges by giving specific counterexamples.
(B) It is cited to refute a long-standing presumption.
(C) It is a fact the author tries to refute by offering evidence concerning consumer behavior during a recession.
(D) It is a claim that the author concedes to be correct, but only to the extent specified by the examples it cites.
(E) It is cited to provide support for the assertion that some items are entirely recession-proof.

Source- PS Bible
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Re: Because few consumers are content without toilet paper, bread [#permalink]

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New post 17 Aug 2017, 20:05
Imo E
The the items are recession proof .
Even some consumers buy little quantity that to reduce waste and some consumers buy more to get better value does not mean that these Quantities are not recession proof .
These two statements just gives us a unique behaviour of consumers during recession .


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Re: Because few consumers are content without toilet paper, bread [#permalink]

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New post 10 Sep 2017, 10:20
chetan2u
Can you please explain this one ?
Why B and not E.?
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Re: Because few consumers are content without toilet paper, bread [#permalink]

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New post 10 Sep 2017, 18:18
MissionGmat740 wrote:
chetan2u
Can you please explain this one ?
Why B and not E.?



Hi..

Even if we do not get into proper meaning, the TWO words that can get us to answer are:-
1) assumed - the word used in first statement tells us that it can be taken as presumption.
2) however - this word should tell us that we are talking of something in contrast to idea initiated.

And contrast can be termed as - refute.
B speaks of contrast but E talks of strengthening
So B

Otherwise meaning wise
The sentence tell us that few may not buy it, but others may be buying in bulk thus having same effect.
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Re: Because few consumers are content without toilet paper, bread   [#permalink] 10 Sep 2017, 18:18
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