750Barrier wrote:
GMATNinja wrote:
mba20202021 wrote:
GMATNinja Could you please explain why choice B is incorrect? If there is no connection between the demand and supply, how can we conclude that a fall in supply will lead to an increase in the price?
As per my understanding both A and B are valid assumptions
It’s important to pay close attention to the prompt for this question. It asks:
Quote:
Which one of the following, if assumed, would do the most to justify the claim that the price of halibut will increase?
Although the word “assumed” is used in the question, the prompt doesn’t actually ask us to identify an assumption made by the argument. It asks which of the answer choices, if assumed (much like the “if true” we often see on the GMAT), would help justify the claim that the price of halibut will increase.
With that in mind, take a look at (B):
Quote:
(B) There is a connection between the supply of halibut and the demand for it.
Because we don’t know what type of connection there is between supply and demand,
assuming (B) is true
does little to support the claim that the price of halibut will increase. We know that there is a connection between supply and demand, but we don’t know what that connection is. It’s possible that when the supply of halibut decreases there will be a corresponding decrease in demand for halibut, thus prices could remain the same. Eliminate (B).
And here’s (A):
Quote:
(A) The demand for halibut will not decrease substantially after the new restrictions are imposed.
Again, the question doesn’t ask us for one of the argument’s assumptions, but asks us for the answer choice that “would do the most to justify the claim that the price of halibut will increase.” (A) tells us that the demand for halibut will not substantially decrease after the new restrictions are imposed. Given what we know of the law of supply and demand, prices will likely increase as the argument claims. (A) is correct.
I hope that helps!
Hello
GMATNinja first of all, you know, it's like a relief when i see your response in any question..
i mean the very first thing, once my ans goes wrong, is that i scroll till last and search for your reply ..
.
okay now, hmm , in this question i was tricked that it was a assumption question.. applied ANT, B after i applied ANT made the argument fall apart.
But dear.. help me in understanding that this was not an assumption quest, and that next time i could easily figure out.
please !
As you suggest, knowing exactly what a question is asking is crucial. So how should we go about analyzing this question? And why is it not an assumption question?
When people say "assumption question," what they often mean is a question asking for an assumption on which the argument
relies. In other words, it asks for an assumption that is
necessary for the argument to hold.
But just because a question uses the word "assume" or "assumption" doesn't mean it's asking for something
necessary for the argument to hold. And if the question isn't asking for something necessary, we wouldn't expect the argument to fall apart without it.
Let's now take a look at the exact wording of this question:
Quote:
Which one of the following, if assumed, would do most to justify the claim that the price of halibut will increase?
We're asked for the assumption that would "do most to justify the claim..." Since it isn't asking for a
necessary assumption, it doesn't fit the typical bill for an "assumption question." All the assumption needs to do in this case is justify the claim. But just because something justifies a claim doesn't make it necessary.
As an example, consider the claim "it's raining," and the statement "there is a puddle outside my window." The fact that there is a puddle would help justify the claim that it's raining (i.e. it would support the idea that it's raining). However, it isn't necessary. Maybe it's raining but no puddles have formed yet outside my window. Just because a statement helps justify a claim doesn't mean it's absolutely NECESSARY for the claim to be true.
Back to the original question -- since we're not looking for a necessary assumption, this isn't what is typically referred to as an "assumption question." And for that reason, we're not looking for something required for the argument to hold up.
Quote:
one more question - had this been an assumption question, how would this have been framed?
If this were an "assumption question," it would have to ask for an assumption that is necessary for the argument to hold. Sometimes, these questions ask for an assumption "on which the argument depends," or "on which the conclusion relies."
That being said, I definitely wouldn't memorize those exact phrases. What makes something an "assumption question" is just that it asks for something necessary for the argument to hold. And the best way to decide if that's the case is to focus on the exact wording, which could be slightly different in each case.
I hope that helps!