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RC- 700-800 Ranking - Insurance

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Senior Manager
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RC- 700-800 Ranking - Insurance [#permalink]

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New post 29 Sep 2008, 02:43
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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 29 Sep 2008, 03:13
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.

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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 29 Sep 2008, 08:20
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.

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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 29 Sep 2008, 18:32
I thinks the ca is E. It seems like it's the only one that makes sence

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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 29 Sep 2008, 23:08
I think it should be B

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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 30 Sep 2008, 00:39
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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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 01 Oct 2008, 01:13
OA is E.

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Re: RC- 700-800 Ranking - Insurance [#permalink]

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New post 01 Oct 2008, 07:39
B

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Re: RC- 700-800 Ranking - Insurance   [#permalink] 01 Oct 2008, 07:39
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