solitaryreaper
VeritasPrepKarishma
MarketingGuru
Hi Meghna,
Please help me by resolving the conflict in my assumption in this question-
Profit depends on cost and selling price. Here the author is saying that the switching would unlikely increase profit. Hence the assumption could be that the selling price of both genetically modified feed corn and ordinary corn is same. Hence the answer can be (B).
However, I don't challenge GMAT

. But I am not able to establish linkages between premises to come up with an assumption to arrive at (D) in
e-gmat way. Because the premise clearly says that savings in using less insecticide cannnot offset the cost of seed. So even if we use even less insecticide its not going to make too much difference. Plus how can we challenge/change premise.
Can you please guide.
Thanks,
Pritisha
For (B) vs (D), check this link:
https://gmatclub.com/forum/scientists-ha ... l#p1382766Ask if anything remains unclear.
Hi Karishma,
If option B was something like:
Whether the price that farmers receive for feed corn would fluctuate in future.
Will it be a contender then?
Regards,
SR
VeritasPrepKarishmaiin the post below,it is assumed that "selling price for both the type of corn is same".why we need to assume that selling price is same for both
the argument is talking about profit
here is my 2 scents. please review
profit=price-cost
plan A:GM CORN
plan B:NORMAL CORN
CONCLUSION:WHICH PLAN WILL LEAD TO MORE PROFIT
SO WE NEED INFORMATION ABOUT PRICE AND COST
1)IF AN OPTION SAY GENETICALLY MODIFIED CORNS ARE HIGHER IN QUALITY AND HENCE HIGH PRICE.THEN PROFIT WILL INCREASE
2)IF ANY ANSWER CHOICE SAY THERE ARE WAYS TO REDUCE TOTAL COST IN PLAN B,IT WILL HELP TO EVALUATE THE ARGUMENT
AS COST=COST OF INSECTICIDE+COST OF SEED
COST OF GM modified seed> cost of normal seed
so focus is on insecticide
say:amount of insecticide can be reduced further then last year or say GM corn needs cheaper insecticide,then plan B will lead to more profit