If a and b are positive integers, what is the value of the product ab?

Target question: What is the value of the product ab?

Statement 1: The least common multiple of a and b is 48
Let's TEST some numbers.
There are several values of a and b that satisfy statement 1. Here are two:
Case a: a = 1 and b = 48. In this case, ab = (1)(48) = 48
Case b: a = 2 and b = 48. In this case, ab = (2)(48) = 96
Since we cannot answer the target question with certainty, statement 1 is NOT SUFFICIENT

Statement 2: The greatest common factor (aka divisor) of a and b is 4
Let's TEST some numbers (again).
There are several values of a and b that satisfy statement 2. Here are two:
Case a: a = 8 and b = 4. In this case, ab = (8)(4) = 32
Case b: a = 4 and b = 4. In this case, ab = (4)(4) = 16
Since we cannot answer the target question with certainty, statement 2 is NOT SUFFICIENT

Statements 1 and 2 combined
--------ASIDE----------------------
There's a nice rule that says:
(greatest common divisor of x and y)(least common multiple of x and y) = xy
Example: x = 10 and y = 15
Greatest common divisor of 10 and 15 = 5
Least common multiple of 10 and 15 = 30
Notice that these values satisfy the above rule, since (5)(30) = (10)(15)
--------BACK TO THE QUESTION! ----------------------

When we apply the above rule, we get: (4)(48) = ab
So, ab = 192
Since we can answer the target question with certainty, the combined statements are SUFFICIENT

Answer: C