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22 Sep 2010, 22:42
Kudos
Bookmarks
D
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:
100% (01:55) correct
0%
(00:00)
wrong
based on 6
sessions
History
Date
Time
Result
Not Attempted Yet
Attachment:
Computer sales.JPG
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23 Sep 2010, 05:40
Kudos
Bookmarks
Vignesh,
thank you for the post. Kudos to you for that. Next time around if you could hide the selected and the correct answer choices, it would be awesome. (You can use paint to erase off the radiobuttons for all the options, or just cut the radio button column off). That way you would get a lot of unbiased reasoning for each option.
As for this question:
a) Is not correct as the info says "no. of PCs sold didn't change much".
b) Is out of scope as the question is about computer sales only.
c) This actually is opposite of what is being said. If more ppl were buying stuff from competitors then the profits would actually go down given that number of PCs sold and prices were stable.
d)Yup. the answer. Since the proportion of first time buyers was smaller last year than the previous year, and given that the number of PC's sold were higher, it means that PXC sold more high profit PCs last year than the previous year. That explains.
e) We cannot say this for sure. No info abt production costs is given.
Thanks.
thank you for the post. Kudos to you for that. Next time around if you could hide the selected and the correct answer choices, it would be awesome. (You can use paint to erase off the radiobuttons for all the options, or just cut the radio button column off). That way you would get a lot of unbiased reasoning for each option.
As for this question:
a) Is not correct as the info says "no. of PCs sold didn't change much".
b) Is out of scope as the question is about computer sales only.
c) This actually is opposite of what is being said. If more ppl were buying stuff from competitors then the profits would actually go down given that number of PCs sold and prices were stable.
d)Yup. the answer. Since the proportion of first time buyers was smaller last year than the previous year, and given that the number of PC's sold were higher, it means that PXC sold more high profit PCs last year than the previous year. That explains.
e) We cannot say this for sure. No info abt production costs is given.
Thanks.
23 Sep 2010, 06:55
Kudos
Bookmarks
Stimulus says
PXC has two models one has cost less and smaller profit margin and another cost more with higher profit margin. Comparing last year's and this year's profits. If number of computers sold and profit margin remain the same then the only the profit can be different if by having variations in the number computers sold between the smaller profit margin model and higher profit margin model
Answer should be
Option 1) which says more number of higher profit margin models is sold this year than last year
Option 2) lesser number of small profit margin model sold this year than last year
We find option 2 in D. the rest is not relevant.
PXC has two models one has cost less and smaller profit margin and another cost more with higher profit margin. Comparing last year's and this year's profits. If number of computers sold and profit margin remain the same then the only the profit can be different if by having variations in the number computers sold between the smaller profit margin model and higher profit margin model
Answer should be
Option 1) which says more number of higher profit margin models is sold this year than last year
Option 2) lesser number of small profit margin model sold this year than last year
We find option 2 in D. the rest is not relevant.
