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# RC- 700-800 Ranking - Insurance

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Senior Manager
Joined: 07 Jan 2008
Posts: 397
RC- 700-800 Ranking - Insurance [#permalink]

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29 Sep 2008, 01:43
1
KUDOS
SVP
Joined: 17 Jun 2008
Posts: 1529
Re: RC- 700-800 Ranking - Insurance [#permalink]

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29 Sep 2008, 02:13
I think E.

The last line of first paragraph mentions "adverse selection" leading to market failure. The last line of second paragraph also mentions "market failure" stemming from "adverse selection". Thus, the author is identifying an alternative explanation that it disputes.
Manager
Joined: 22 Jul 2008
Posts: 146
Re: RC- 700-800 Ranking - Insurance [#permalink]

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29 Sep 2008, 07:20
B for me.
The author is trying to explain that what appear as greed and discimination on the part of the insurance companies are "necessary evils". Yes, they are evils but they are necessary.
Intern
Joined: 29 Sep 2008
Posts: 3
Re: RC- 700-800 Ranking - Insurance [#permalink]

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29 Sep 2008, 17:32
I thinks the ca is E. It seems like it's the only one that makes sence
VP
Joined: 18 May 2008
Posts: 1258
Re: RC- 700-800 Ranking - Insurance [#permalink]

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29 Sep 2008, 22:08
I think it should be B
Director
Joined: 25 Oct 2006
Posts: 633
Re: RC- 700-800 Ranking - Insurance [#permalink]

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29 Sep 2008, 23:39
IMO E.

Just a question: I have seen this passage somewhere else before either GMAT or GMATprep. Can you tell me what is the source of this question? Font is very similar to GMATPrep indeed.
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Senior Manager
Joined: 07 Jan 2008
Posts: 397
Re: RC- 700-800 Ranking - Insurance [#permalink]

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01 Oct 2008, 00:13
OA is E.
Intern
Joined: 12 Sep 2008
Posts: 2
Re: RC- 700-800 Ranking - Insurance [#permalink]

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01 Oct 2008, 06:39
B
Re: RC- 700-800 Ranking - Insurance   [#permalink] 01 Oct 2008, 06:39
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# RC- 700-800 Ranking - Insurance

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