Last visit was: 23 Apr 2024, 18:00 It is currently 23 Apr 2024, 18:00

Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
SORT BY:
Date
Tags:
Show Tags
Hide Tags
avatar
Intern
Intern
Joined: 18 Sep 2011
Posts: 9
Own Kudos [?]: 233 [30]
Given Kudos: 5
Send PM
Most Helpful Reply
User avatar
Magoosh GMAT Instructor
Joined: 28 Nov 2011
Posts: 298
Own Kudos [?]: 4561 [8]
Given Kudos: 2
Send PM
General Discussion
User avatar
Retired Moderator
Joined: 17 Aug 2011
Status:Flying over the cloud!
Posts: 380
Own Kudos [?]: 1546 [2]
Given Kudos: 44
Location: Viet Nam
Concentration: International Business, Marketing
GMAT Date: 06-06-2014
GPA: 3.07
Send PM
User avatar
Retired Moderator
Joined: 05 Sep 2010
Posts: 506
Own Kudos [?]: 640 [0]
Given Kudos: 61
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
got it "e " @original poster: wud appreciate if u cud hide ur doubts in black (irrespective of choice ).this wud help to make unbiased decisions
avatar
Intern
Intern
Joined: 10 May 2013
Posts: 8
Own Kudos [?]: 2 [0]
Given Kudos: 3
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
ChrisLele wrote:
The argument states that donated pieces cost museum money. To weaken this conclusion, we could find an answer choice that suggests that a donated piece may actually fetch a lot of money, money that will more than help defray the cost of storage, etc. Or we could find another answer that says that the donated gifts somehow end up saving museums money.

Answer (B) doesn't quite do the trick. Had (B) said, 'Wealthy patrons who donate objects will retract their handsome cash offerings if museums no longer accept donated objects', we would have a winner. But, as the way it is, there is nothing in (B) to suggest that the donated objects are somehow saving the museums money.

(E) is on the money, so to speak, because it gives us a good reason why donated objects will actually save museums money: museums do not have to spend money on expensive artwork because they already have artwork in the form of donated objects.

Hope that helps :-D


Hi Chris!
Where is it mention in option E that the donated object will attract more visitors and hence lighten the financial liabilities of the museum even if it has to be purchased ??
Please enlighten me!
User avatar
Manager
Manager
Joined: 22 Apr 2013
Posts: 71
Own Kudos [?]: 56 [2]
Given Kudos: 95
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
2
Kudos
supratim7 wrote:
It is widely assumed that a museum is helped financially when a generous patron donates a potential exhibit. In truth, however, donated objects require storage space, which is not free, and routine conservation, which is rather expensive. Therefore, such gifts exacerbate rather than lighten the demands made on a museum’s financial resources.

Which of the following, if true, most seriously weakens the argument above?

(A) To keep patrons well disposed, a museum will find it advisable to put at least some donated objects on exhibit rather than merely in storage. In storage or on display, space still costs money. Being on display still requires conservation.
(B) The people who are most likely to donate valuable objects to a museum are also the people who are most likely to make cash gifts to it. Nothing about this states that the cash gifts offset the costs mentioned.
(C) A museum cannot save money by resorting to cheap storage under less than adequate conditions, because so doing would drive up the cost of conservation. Straight out strengthens the argument made.
(D) Patrons expect a museum to keep donated objects in its possession rather than to raise cash by selling them. Which means the museum has no choice but to assume the costs mentioned.
(E) Objects donated by a patron to a museum are often of such importance that the museum would be obliged to add them to its collection through purchase if necessary. Cost of Acquisition + Cost of Storage/Conservation = What Museum would have to spend to acquire important objects. These are expenses the museum would take on if the object were to come on to the open market. Every object a museum owns has the expenses mentioned in the question. In this case a donation saves the museum the acquisition cost of something they would acquire (or try to) anyway.

Need some help in reasoning option (B)

Many thanks!


I'll admit I had a bit of a tough time between B and E. The fact that the cash donations mentioned in B might not counter the expenses of the donation, led me to E.
User avatar
Manager
Manager
Joined: 22 Apr 2013
Posts: 71
Own Kudos [?]: 56 [0]
Given Kudos: 95
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
sparkling12 wrote:
ChrisLele wrote:
The argument states that donated pieces cost museum money. To weaken this conclusion, we could find an answer choice that suggests that a donated piece may actually fetch a lot of money, money that will more than help defray the cost of storage, etc. Or we could find another answer that says that the donated gifts somehow end up saving museums money.

Answer (B) doesn't quite do the trick. Had (B) said, 'Wealthy patrons who donate objects will retract their handsome cash offerings if museums no longer accept donated objects', we would have a winner. But, as the way it is, there is nothing in (B) to suggest that the donated objects are somehow saving the museums money.

(E) is on the money, so to speak, because it gives us a good reason why donated objects will actually save museums money: museums do not have to spend money on expensive artwork because they already have artwork in the form of donated objects.

Hope that helps :-D


Hi Chris!
Where is it mention in option E that the donated object will attract more visitors and hence lighten the financial liabilities of the museum even if it has to be purchased ??
Please enlighten me!


In my opinion attracting visitors is immaterial to the question stem. You are assuming that all museums charge admission fees to visitors.
avatar
Intern
Intern
Joined: 10 May 2013
Posts: 8
Own Kudos [?]: 2 [0]
Given Kudos: 3
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
MzJavert wrote:
sparkling12 wrote:
ChrisLele wrote:
The argument states that donated pieces cost museum money. To weaken this conclusion, we could find an answer choice that suggests that a donated piece may actually fetch a lot of money, money that will more than help defray the cost of storage, etc. Or we could find another answer that says that the donated gifts somehow end up saving museums money.

Answer (B) doesn't quite do the trick. Had (B) said, 'Wealthy patrons who donate objects will retract their handsome cash offerings if museums no longer accept donated objects', we would have a winner. But, as the way it is, there is nothing in (B) to suggest that the donated objects are somehow saving the museums money.

(E) is on the money, so to speak, because it gives us a good reason why donated objects will actually save museums money: museums do not have to spend money on expensive artwork because they already have artwork in the form of donated objects.

Hope that helps :-D


Hi Chris!
Where is it mention in option E that the donated object will attract more visitors and hence lighten the financial liabilities of the museum even if it has to be purchased ??
Please enlighten me!


In my opinion attracting visitors is immaterial to the question stem. You are assuming that all museums charge admission fees to visitors.


Well if this is not the case, then how adding a new object into museum would not be a exacerbation on a museum’s financial resources. It's true that donation would ease out purchase cost but still it involves maintenance cost, which is an additional burden on its financial resources.
correct me where am I wrong
User avatar
Manager
Manager
Joined: 22 Apr 2013
Posts: 71
Own Kudos [?]: 56 [1]
Given Kudos: 95
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
1
Kudos
sparkling12 wrote:
MzJavert wrote:

In my opinion attracting visitors is immaterial to the question stem. You are assuming that all museums charge admission fees to visitors.


Well if this is not the case, then how adding a new object into museum would not be a exacerbation on a museum’s financial resources. It's true that donation would ease out purchase cost but still it involves maintenance cost, which is an additional burden on its financial resources.
correct me where am I wrong


Let's make this more general. Item A's contribution to the organization's mission is high. Resources devoted to item A directly help accomplish the organization's mission. Item B requires the same amount of resources. But because item B contributes very little to the organization's mission, resources devoted to item B are wasted.
avatar
Intern
Intern
Joined: 25 Jul 2012
Posts: 4
Own Kudos [?]: 8 [2]
Given Kudos: 10
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
2
Kudos
It is widely assumed that a museum is helped financially when a generous patron donates a potential exhibit. In truth, however, donated objects require storage space, which is not free, and routine conservation, which is rather expensive. Therefore, such gifts exacerbate rather than lighten the demands made on a museum’s financial resources.

Which of the following, if true, most seriously weakens the argument above?

(A) To keep patrons well disposed, a museum will find it advisable to put at least some donated objects on exhibit rather than merely in storage.
(B) The people who are most likely to donate valuable objects to a museum are also the people who are most likely to make cash gifts to it. - It might or might not help as the cash gifts might or might not cover the additional storage costs which mentioned in the argument
(C) A museum cannot save money by resorting to cheap storage under less than adequate conditions, because so doing would drive up the cost of conservation.
(D) Patrons expect a museum to keep donated objects in its possession rather than to raise cash by selling them.
(E) Objects donated by a patron to a museum are often of such importance that the museum would be obliged to add them to its collection through purchase if necessary. - This is definitely going to help the museum as they don't have to spend on buying these objects

Hope it helps!
Intern
Intern
Joined: 27 Nov 2018
Posts: 21
Own Kudos [?]: 4 [0]
Given Kudos: 34
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
It is widely assumed that a museum is helped financially when a generous patron donates a potential exhibit. In truth, however, donated objects require storage space, which is not free, and routine conservation, which is rather expensive. Therefore, such gifts exacerbate rather than lighten the demands made on a museum’s financial resources.

Which of the following, if true, most seriously weakens the argument above?



(A) To keep patrons well disposed, a museum will find it advisable to put at least some donated objects on exhibit rather than merely in storage. This option burdens the museum and its management because eventually, they would have to pay the price for storage someday

(B) The people who are most likely to donate valuable objects to a museum are also the people who are most likely to make cash gifts to it. This option does nullify the author's proposition that cost of storage and opex would override the daily revenues but we cannot quantify the cash gifts and usually gifts merely match the price and frequency of recurring and operational expenditure

(C) A museum cannot save money by resorting to cheap storage under less than adequate conditions, because so doing would drive up the cost of conservation.This strengthens the argument as more billing charges for maintenance

(D) Patrons expect a museum to keep donated objects in its possession rather than to raise cash by selling them.this option talks about the maintanance of relations and ties with patrons and thus the museum suffers

(E) Objects donated by a patron to a museum are often of such importance that the museum would be obliged to add them to its collection through purchase if necessary.This option best nullifies the conclusion as such souvenirs would be adding to museum's charm, there by attracting more customers
Intern
Intern
Joined: 03 Jan 2023
Posts: 9
Own Kudos [?]: 9 [0]
Given Kudos: 7
Location: India
Concentration: Strategy, Finance
GPA: 3.9
WE:Analyst (Education)
Send PM
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
I'm still confused - can someone please explain
GMAT Club Bot
Re: It is widely assumed that a museum is helped financially when a genero [#permalink]
Moderators:
GMAT Club Verbal Expert
6917 posts
GMAT Club Verbal Expert
238 posts
CR Forum Moderator
832 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne