For a consumer product such as a television, careful pricing is a very important aspect of marketing, since pricing an item even slighty too high or too low can seriously reduce profits. By contrast, voter approval of government projects that benefit the public does not vary with small differences in estimates of their projected cost.
The passage presents three main facts:
For a consumer product such as a television, careful pricing is a very important aspect of marketing
pricing an item (consumer product) even slighty too high or too low can seriously reduce profits.
voter approval of government projects that benefit the public does not vary with small differences in estimates of their projected cost
Let's now consider the question stem.
The statements above, if true, best support which of the following as a conclusion?
This is a Conclusion question, and the correct answer will be a statement that is logically supported by the statements in the passage.
A. Most people are well informed about the prices of consumer products.
Notice that, while the statements in the passage indicate that people's choices are affected by the prices of consumer products, the passage does not say why they are affected. It could be that they are well informed about the prices of consumer products, but there could be another reason.
So, the passage does not clearly support this choice.
Eliminate.
B. The demand for projects that benefit the public is more closely tied to standard measures of the condition of the national economy than is the demand for consumer products.
The passage does not indicate that demand for anything is tied to "measures of the condition of the national economy."
It says only that pricing and cost affect sales of consumer products much more than voter approval of government projects.
So, going from what the passage says to what this choice says would require coming up with a convoluted, unsupported story.
Eliminate.
C. Anyone wishing to increase or decrease voter support for projects that benefit the public should not focus on small cost differences.
This choice may not seem clearly related to what the passages says.
Notice, however, that this choice does follow from the following statement in the passage:
voter approval of government projects that benefit the public does not vary with small differences in estimates of their projected cost
After all, if voter approval of government projects does not vary with small difference in estimates of their projected cost, then it follows that focusing on small cost differences won't have much effect on voter approval of projects.
Accordingly, given what the passage says, it also follows that "Anyone wishing to increase or decrease voter support for projects that benefit the public should not focus on small cost differences," since focusing on such differences isn't likely to affect voter approval and thus isn't likely to affect voter support.
So, this choice is supported by the passage.
Keep.
D. Many people place higher priority on funding projects that benefit the public than on buying consumer products for their households.
What this choice says is plausible.
However, it's not supported by the passage.
The passage presents only a contrast between how pricing affects demand for consumer products and how cost affects approval for government projects.
The passage does not indicate that the reason for this contrast is that "Many people place higher priority on funding projects that benefit the public than on buying consumer products for their households."
There are a variety of possible reasons for the contrast. So, the passage does not give us reason to believe that the reason for the difference is that people place higher priority on funding projects that benefit the public.
Eliminate.
E. The purchase of consumer products such as televisions can be postponed more easily than can expenditures for projects that benefit the public.
What this choice says is plausible.
However, it's not supported by the passage.
The passage presents only a contrast between how pricing affects demand for consumer products and how cost affects approval for government projects.
The passage does not indicate that the reason for this contrast is that "The purchase of consumer products such as televisions can be postponed more easily than can expenditures for projects that benefit the public."
There are a variety of possible reasons for the contrast. So, the passage does not give us reason to believe that the reason for the difference is that it's easier to postpone consumer purchases than government projects.
Eliminate.
Correct answer: C