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Many economists claim that financial rewards provide

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Many economists claim that financial rewards provide  [#permalink]

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New post 24 Mar 2017, 05:06
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Many economists claim that financial rewards provide the strongest incentive for people to choose one job over another. But in many surveys, most people do not name high salary as the most desirable feature of a job. This shows that these economists overestimate the degree to which people are motivated by money in their job choices.

Which one of the following, if true, most weakens the argument?


(A) Even high wages do not enable people to obtain all the goods they desire.

(B) In many surveys, people say that they would prefer a high-wage job to an otherwise identical job with lower wages.

(C) Jobs that pay the same salary often vary considerably in their other financial benefits.

(D) Many people enjoy the challenge of a difficult job, as long as they feel that their efforts are appreciated.

(E) Some people are not aware that jobs with high salaries typically leave very little time for recreation.

Source: LSAT
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 26 Mar 2017, 00:20
Are we sure OA marked is correct?

I believe option B clearly says in case of identical jobs, people prefer the high paying ones. So, it should be a weakener to the conclusion of the author.

Please confirm.
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 26 Mar 2017, 05:50
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ganand wrote:
Many economists claim that financial rewards provide the strongest incentive for people to choose one job over another. But in many surveys, most people do not name high salary as the most desirable feature of a job. This shows that these economists overestimate the degree to which people are motivated by money in their job choices.

Which one of the following, if true, most weakens the argument?


(A) Even high wages do not enable people to obtain all the goods they desire.

(B) In many surveys, people say that they would prefer a high-wage job to an otherwise identical job with lower wages.

(C) Jobs that pay the same salary often vary considerably in their other financial benefits.

(D) Many people enjoy the challenge of a difficult job, as long as they feel that their efforts are appreciated.

(E) Some people are not aware that jobs with high salaries typically leave very little time for recreation.

Source: LSAT


Easily come to choice C.

The argument is like this:

Economists: People choose job by mainly financial rewards
Surveys: People choose job not mainly by high salary.
Conclusion: Economists are not right.

It's clear that the conlusion take the term "financial rewards" with the same meaning as "high salary". The correct answer is the one points out this misunderstanding.

Choice C stated that "financial rewards" are not only "salary". "Financial packages" include other "financial benefits", for example insurance packages, vouchers, some caring policies for employees,.... This choice directly weakens the conclusion made above. Hence, choice C is the correct answer.
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 26 Mar 2017, 05:53
abhimahna wrote:
Are we sure OA marked is correct?

I believe option B clearly says in case of identical jobs, people prefer the high paying ones. So, it should be a weakener to the conclusion of the author.

Please confirm.


In option B, there are just some surveys people said that they would prefer a high-wage job, but that didn't represent everyone generally. Hence choice B is not the correct answer.
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 26 Mar 2017, 09:40
ganand wrote:
Many economists claim that financial rewards provide the strongest incentive for people to choose one job over another. But in many surveys, most people do not name high salary as the most desirable feature of a job. This shows that these economists overestimate the degree to which people are motivated by money in their job choices.

Which one of the following, if true, most weakens the argument?


(A) Even high wages do not enable people to obtain all the goods they desire.

(B) In many surveys, people say that they would prefer a high-wage job to an otherwise identical job with lower wages.

(C) Jobs that pay the same salary often vary considerably in their other financial benefits.

(D) Many people enjoy the challenge of a difficult job, as long as they feel that their efforts are appreciated.

(E) Some people are not aware that jobs with high salaries typically leave very little time for recreation.

Source: LSAT

If we show people are somewhat motivated by financial gain, the the argument is weakened.
C says the same
Hence C
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 27 Mar 2017, 07:31
I think B should 100% weaken the argument... To make the conclusion, the author talks about some surveys on which the conclusion is dependent. So the assumption here is "the surveys are representative of the people the argument is talking about".... If e can prove that these surveys did not consider the whole set of people, rather it considered a subset of people then the argument is weakened.... So 'B' provides the evidence that the Surveys were not correct because there were other people who were not surveyed.... So the ans is wrong here.....
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 27 Mar 2017, 20:42
arunavamunshi1988 wrote:
I think B should 100% weaken the argument... To make the conclusion, the author talks about some surveys on which the conclusion is dependent. So the assumption here is "the surveys are representative of the people the argument is talking about".... If e can prove that these surveys did not consider the whole set of people, rather it considered a subset of people then the argument is weakened.... So 'B' provides the evidence that the Surveys were not correct because there were other people who were not surveyed.... So the ans is wrong here.....


Hi arunavamunshi1988,

The official answer is C. I have rechecked it.

nguyendinhtuong has already explained why C is correct. I found good explanation on Manhattan LSAT forum. I am posting the same:

Quote:
The argument assumes that if people are motivated by money, that they would name salary as an important consideration. But it's still possible that people would be motivated, even highly motivated, by money in other ways other than salary, and answer choice (C) points that out.

Incorrect Answers
(A) says why people might not be motivated by money. This supports the conclusion.
(B) says that having money is preferred to not having money, but does not relate money to other job considerations, and so the importance people place on money relative to other factors is not addressed.
(D) doesn't support the idea that money is or is not more motivating than other factors.
(E) is irrelevant. Whether people are aware of the associated responsibilities of a high salary position doesn't undermine nor address whether money is more motivating than other factors

Source: LSAT Manhattan forum (by Atticus Finch)


Hope this helps.

Thank you.
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 28 Mar 2017, 01:10
ganand wrote:
Many economists claim that financial rewards provide the strongest incentive for people to choose one job over another. But in many surveys, most people do not name high salary as the most desirable feature of a job. This shows that these economists overestimate the degree to which people are motivated by money in their job choices.

Which one of the following, if true, most weakens the argument?


(A) Even high wages do not enable people to obtain all the goods they desire.

(B) In many surveys, people say that they would prefer a high-wage job to an otherwise identical job with lower wages.

(C) Jobs that pay the same salary often vary considerably in their other financial benefits.

(D) Many people enjoy the challenge of a difficult job, as long as they feel that their efforts are appreciated.

(E) Some people are not aware that jobs with high salaries typically leave very little time for recreation.

Source: LSAT



The key point to understand here is that the comparison is between the financial rewards and not jus the salaries. Hence between options B and C, only option C talks about 'other' ways of financial benefits. So C wins!
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 01 Aug 2017, 02:40
Between B and C i will go with option C as financial rewards is not necessarily equivalent to high salary as suggested in the argument.
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Re: Many economists claim that financial rewards provide  [#permalink]

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New post 01 Aug 2017, 16:34
Thanks for all of your replies!

To post additional questions not already addressed in this thread, feel free to use the request verbal experts' reply button.
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Many economists claim that financial rewards provide  [#permalink]

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New post 18 Oct 2018, 22:17
ganand wrote:
[align=left]Many economists claim that financial rewards provide the strongest incentive for people to choose one job over another. But in many surveys, most people do not name high salary as the most desirable feature of a job. This shows that these economists overestimate the degree to which people are motivated by money in their job choices.


Narrowing down to B and C.

In GMAT, the premise is taken as true and unquestionable all the time. It is only the reasoning which is to be tested. Now, "in many surveys, most people do not name high salary as the most desirable feature of a job" is a premise which is true.

Option B:
In many surveys, people say that they would prefer a high-wage job to an otherwise identical job with lower wages.


Yes, in many surveys people say something. Ok. But how many? Is this the majority? This statement is not negating the premise. It talks about others in the survey who prefer high wage. But, even if the answer choice were to say, the majority prefers a high-wage job, it would negate the premise which says majority prefers other things as highly desirable. Hence, such as answer will not be presented.

Option C:
Jobs that pay the same salary often vary considerably in their other financial benefits.


When comparing two similar pay jobs, people consider other financial benefits and hence, they must have named them more desirable in the survey. It does not mean they do not consider the choice of money. This weakens the conclusion.
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