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# Mainstream economic theory holds that manufacturers, in deci

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Senior Manager
Joined: 20 Feb 2006
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Mainstream economic theory holds that manufacturers, in deci [#permalink]

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25 Jun 2006, 01:52
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50% (00:00) correct 50% (01:26) wrong based on 4 sessions

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2. Mainstream economic theory holds that manufacturers, in deciding what kinds of products to manufacture and what forms those products should have, simply respond to the needs and desires of consumers. However, as anyone who watches television or listens to the radio knows, advertisements tell people what to buy, rather than solicit input. It is clear that most major manufacturers manipulate and even create consumer demand. A majority of mainstream economic theorists either watch television or listen to the radio. Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two statements above in bold-faced type serve which of the following functions?

(A) The first statement is a premise that supports an intermediate conclusion, and the second statement is a premise that supports the main conclusion.
(B) The first statement is the primary conclusion of the argument, and the second statement provides background information to place the argument in the proper context.
(C) The first statement is a refutation of the main conclusion of the argument, and the second statement is the main conclusion of the argument.
(D) The first statement is an assumption on which the main conclusion is directly based, and the second statement is a premise that supports the main conclusion.
(E) The first statement is an intermediate conclusion of the argument, and the second statement is the main conclusion of the argument.

Last edited by Narenn on 26 Sep 2013, 11:25, edited 1 time in total.
Topic Moved. Always post the topic in relevant forum

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Manager
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25 Jun 2006, 02:16
is it A?

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Senior Manager
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25 Jun 2006, 02:18
A it is

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SVP
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27 Jun 2006, 01:47
Will go with A.

There are two conclusions by the author.
1) It is clear that most major manufacturers manipulate and even create consumer demand.
And
2) Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two bolded statements appear before them and act as premises upon which the conclusions are based

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VP
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Schools: Chicago Booth

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27 Jun 2006, 02:29
2. Mainstream economic theory holds that manufacturers, in deciding what kinds of products to manufacture and what forms those products should have, simply respond to the needs and desires of consumers. However, as anyone who watches television or listens to the radio knows, advertisements tell people what to buy, rather than solicit input. It is clear that most major manufacturers manipulate and even create consumer demand. A majority of mainstream economic theorists either watch television or listen to the radio. Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two statements above in bold-faced type serve which of the following functions?

(A) The first statement is a premise that supports an intermediate conclusion, and the second statement is a premise that supports the main conclusion.
(B) The first statement is the primary conclusion of the argument, and the second statement provides background information to place the argument in the proper context.
(C) The first statement is a refutation of the main conclusion of the argument, and the second statement is the main conclusion of the argument.
(D) The first statement is an assumption on which the main conclusion is directly based, and the second statement is a premise that supports the main conclusion.
(E) The first statement is an intermediate conclusion of the argument, and the second statement is the main conclusion of the argument.

I choose D.
Those who watch the TV know that commercials manipulate the demand. - Assumpsion.
Most scientists watch the TV. - Premise.
Therefore, those scientists who say the commercials do not manipulate teh demand must have some other purposes than pursuing the truth. - Main conclusion.

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Director
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27 Jun 2006, 07:28
Should be A.
_________________

Uh uh. I know what you're thinking. "Is the answer A, B, C, D or E?" Well to tell you the truth in all this excitement I kinda lost track myself. But you've gotta ask yourself one question: "Do I feel lucky?" Well, do ya, punk?

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Manager
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28 Jun 2006, 00:40
looks like A
_________________

Hema

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22 Sep 2013, 11:04
2. Mainstream economic theory holds that manufacturers, in deciding what kinds of products to manufacture and what forms those products should have, simply respond to the needs and desires of consumers. However, as anyone who watches television or listens to the radio knows, advertisements tell people what to buy, rather than solicit input. It is clear that most major manufacturers manipulate and even create consumer demand. A majority of mainstream economic theorists either watch television or listen to the radio. Obviously, therefore, the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.

The two statements above in bold-faced type serve which of the following functions?

(A) The first statement is a premise that supports an intermediate conclusion, and the second statement is a premise that supports the main conclusion.
(B) The first statement is the primary conclusion of the argument, and the second statement provides background information to place the argument in the proper context.
(C) The first statement is a refutation of the main conclusion of the argument, and the second statement is the main conclusion of the argument.
(D) The first statement is an assumption on which the main conclusion is directly based, and the second statement is a premise that supports the main conclusion.
(E) The first statement is an intermediate conclusion of the argument, and the second statement is the main conclusion of the argument.

The intermediate conclusion in this question is that" It is clear that most major manufacturers manipulate and even create consumer demand"
What the bold faces statements says is that anyone who watches TV knows that advertisers tell people what to buy. ITs a premise that supports the above mentioned intermediate conclusion.
You might wonder, this is the intermediate conclusion, and not the final conclusion, well this is because the final conclusion is at the end of the statement that: the motive of mainstream economic theorists in advancing this theory must be something other than disinterested concern for scientific truth.
And that is what the second bold face statement does. IT acts as a premise to support the final conclusion, by stating that: A majority of mainstream economic theorists either watch television or listen to the radio.
_________________

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