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Economic growth accelerates business demand for the development of new

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Economic growth accelerates business demand for the development of new  [#permalink]

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New post 04 Dec 2017, 10:33
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66% (01:36) correct 34% (01:39) wrong based on 166 sessions

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Economic growth accelerates business demand for the development of new technologies. Businesses supplying these new technologies are relatively few, while those wishing to buy them are many. Yet an acceleration of technological change can cause suppliers as well as buyers of new technologies to fail.

Which one of the following is most strongly supported by the information above?

(A) Businesses supplying new technologies are more likely to prosper in times of accelerated technological change than other businesses.
(B) Businesses that supply new technologies may not always benefit from economic growth.
(C) The development of new technologies may accelerate economic growth in general.
(D) Businesses that adopt new technologies are most likely to prosper in a period of general economic growth.
(E) Economic growth increases business failures.

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Re: Economic growth accelerates business demand for the development of new  [#permalink]

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New post 04 Dec 2017, 10:58
Economic growth accelerates business demand for the development of new technologies. Businesses supplying these new technologies are relatively few, while those wishing to buy them are many. Yet an acceleration of technological change can cause suppliers as well as buyers of new technologies to fail.

Which one of the following is most strongly supported by the information above?

(A) Businesses supplying new technologies are more likely to prosper in times of accelerated technological change than other businesses. no iformation is given about likelihood of prosperity
(B) Businesses that supply new technologies may not always benefit from economic growth. Correct: It is valid from the excerpt-"acceleration of technological change can cause suppliers as well as buyers of new technologies to fail"- can cause to fail= may not always benefit
(C) The development of new technologies may accelerate economic growth in general. Premise states the opposite- Economic growth accelerates development of NT.
(D) Businesses that adopt new technologies are most likely to prosper in a period of general economic growth. same as A
(E) Economic growth increases business failures. Too extreme to infer

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Re: Economic growth accelerates business demand for the development of new &nbs [#permalink] 04 Dec 2017, 10:58
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