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
we will pick new questions that match your level based on your Timer History
Track Your Progress
every week, we’ll send you an estimated GMAT score based on your performance
Practice Pays
we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Thank you for using the timer!
We noticed you are actually not timing your practice. Click the START button first next time you use the timer.
There are many benefits to timing your practice, including:
Are you attending an MBA or Masters program outside in the US or Europe and wondering how to finance your studies? In this exclusive conversation, we discuss the collateral-free non-cosigner education loans...
Solve 30 high quality GMAT Focus practice questions in timed conditions. Take this GMAT practise test live with peers, analyze your GMAT study progress, and see where you stand in the GMAT student pool.
Join us in a comprehensive talk about the F1 Student Visa process with Travis Feuerbacher, former U.S. Visa Officer and licensed U.S. immigration attorney having expertise working for the U.S. Department of State
Ready to skyrocket your career with an MBA? Get ahead with our curated list of FREE courses and resources to kickstart your journey into business education!
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, and Excel in timed test environment
Join us for an exclusive one-day event focused on mastering the GMAT and maximizing your preparation resources! Here's what you can expect: Don't miss out on this invaluable opportunity to supercharge your GMAT preparation journey.
Boldface Products
[#permalink]
Updated on: 03 Mar 2008, 22:24
Products with technological superiority over competing products generally comand a higher price. As technological advances quickly get undermined, firms want to make higher profits while they still can , they charge maximum profit for such a product . However large profits on the new product will give competitors a strong incentive to quickly enter the products competition
Therefore the strategy to maximise overall profit from new products is to charge less than greatest possible price.
In the argument above, the two portions in boldface play which of the following roles ?
A. The first is a consideration, that has been raised to argue that a certain strategy is counterproductive, the second is that strategy.
B. The first is consideration raised to support the strategy that the argument reccomends, the second presents that strategy.
C. The first is a strategy raised to explain the appeal of a certain strategy , the second presents that strategy.
D. The first is an exemption rejected by the argument that has been used to justify a course of action, the second presents that course of action.
E. The first is a consideration that has been used to justify pursuing a goal that the argument rejects, the second presents a course of action that has been adopted in pursuit of that goal.
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 Verbal Questions 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.
Thank you for understanding, and happy exploring!
Originally posted by bhatiagp on 03 Mar 2008, 07:39.
Last edited by bhatiagp on 03 Mar 2008, 22:24, edited 1 time in total.
Re: Boldface Products
[#permalink]
03 Mar 2008, 20:00
I will go with E. As author starts with first consideration but later refutes it saying that to maximise profit prices should be kept low. However secon bold option is consideration followed by competitors.
Re: Boldface Products
[#permalink]
Updated on: 24 Jun 2008, 07:37
THE SOURCE OF THIS QUESTION AND ANSWER IS my friends notes. I also didnt get the answer correct to this . So wanted to get your feedback. Looks like none of us could explain why C is mentioned as correct. So the OA could be a prinitng error.
Originally posted by bhatiagp on 02 May 2008, 13:39.
Last edited by bhatiagp on 24 Jun 2008, 07:37, edited 1 time in total.
Re: Boldface Products
[#permalink]
02 May 2008, 14:31
bhatiagp wrote:
Products with technological superiority over competing products generally comand a higher price. As technological advances quickly get undermined, firms want to make higher profits while they still can , they charge maximum profit for such a product . However large profits on the new product will give competitors a strong incentive to quickly enter the products competition
Therefore the strategy to maximise overall profit from new products is to charge less than greatest possible price.
In the argument above, the two portions in boldface play which of the following roles ?
A. The first is a consideration, that has been raised to argue that a certain strategy is counterproductive, the second is that strategy.
B. The first is consideration raised to support the strategy that the argument reccomends, the second presents that strategy.
C. The first is a strategy raised to explain the appeal of a certain strategy , the second presents that strategy.
D. The first is an exemption rejected by the argument that has been used to justify a course of action, the second presents that course of action.
E. The first is a consideration that has been used to justify pursuing a goal that the argument rejects, the second presents a course of action that has been adopted in pursuit of that goal.
I'll go with C.
The first strategy is the higher price and the second is strategy of entering the competition itself.
Re: Boldface Products
[#permalink]
02 May 2008, 14:33
bhatiagp wrote:
THE SOURCE OF THIS QUESTION AND ANSWER IS ONE OF THE PREV VIP Questions from Jan 08 ON Score top. I also didnt get the answer correct to this . So wanted to get your feedback. Looks like none of us could explain why C is mentioned as correct. So the OA could be a prinitng error.
I'm not sure what scoretop is, but I think I have seen this question in the OG or in Kaplan 800. At least it looks familiar, but I don't remember anything about technology, but rather some other topic involving market competition.
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 Verbal Questions 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.