Forum Home > GMAT > Quantitative > Problem Solving (PS)
Events & Promotions
Last visit was: 31 Oct 2024, 16:51 |
It is currently 31 Oct 2024, 16:51 |
|
Customized
for You
Track
Your Progress
Practice
Pays
10:00 AM EDT
-11:59 PM EDT
10:00 AM PDT
-07:30 AM PDT
12:01 AM PDT
-11:59 PM PDT
11:00 AM EDT
-11:00 PM EDT
01:30 PM IST
-11:30 PM IST
11:00 AM IST
-01:00 PM IST
11:00 AM IST
-01:00 PM IST
11:30 AM EST
-12:30 PM EST
05:30 AM PST
-06:00 PM PST
Difficulty:
Question Stats:
85% (02:58) correct 15% (02:54) wrong based on 174 sessionsHistory
Year 1 | Year 2 | Year 3 | ||||
Product | Revenue | Cost | Revenue | Cost | Revenue | Cost |
---|---|---|---|---|---|---|
A (Market Research) | 50000 | 40000 | 75000 | 60000 | 100000 | 80000 |
A (Internal Financial Analysis) | 60000 | 50000 | 80000 | 70000 | 100000 | 80000 |
A (Industry Experts) | 45000 | 35000 | 60000 | 50000 | 85000 | 70000 |
B (Market Research) | 40000 | 30000 | 50000 | 40000 | 70000 | 60000 |
B (Internal Financial Analysis) | 45000 | 35000 | 60000 | 50000 | 80000 | 70000 |
B (Industry Experts) | 30000 | 20000 | 50000 | 30000 | 70000 | 50000 |
Yes | No | |
The combined expected profit for product A is higher than that for product B at the end of third year, according to internal financial analysis. | ||
According to all three sources, the expected cost of producing product A is higher than that of producing product B in year 1. | ||
Internal financial analysis predicts a higher profit for product A than for product B in year 2, but market research predicts the opposite. |