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# Statement of a United States copper mining company: Import

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Manager
Joined: 22 Jun 2008
Posts: 104
Schools: Darden School of Business (Class of 2012)
Statement of a United States copper mining company: Import [#permalink]

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04 Aug 2008, 11:29
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Question Stats:

100% (01:08) correct 0% (00:00) wrong based on 12 sessions

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Statement of a United States copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.
If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument
(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining company’s own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining company’s business will prosper if the mining company’s proposal is rejected
Director
Joined: 12 Jul 2008
Posts: 513
Schools: Wharton

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04 Aug 2008, 13:15
lordw wrote:
Statement of a United States copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.
If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument
(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining company’s own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining company’s business will prosper if the mining company’s proposal is rejected

I would go with C.
Retired Moderator
Joined: 18 Jul 2008
Posts: 920

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04 Aug 2008, 15:27
C as well.
Senior Manager
Joined: 06 Apr 2008
Posts: 401

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04 Aug 2008, 22:28
lordw wrote:
Statement of a United States copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.
Response of a United States copper wire manufacturer: United States wire and cable manufacturers purchase about 70 percent of the copper mined in the United States. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for United States copper will go down.
If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument
(A) is self-serving and irrelevant to the proposal of the mining company
(B) is circular, presupposing what it seeks to prove about the proposal of the mining company
(C) shows that the proposal of the mining company would have a negative effect on the mining company’s own business
(D) fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in business
(E) establishes that even the mining company’s business will prosper if the mining company’s proposal is rejected

IMO C)
Intern
Joined: 01 Aug 2008
Posts: 38

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05 Aug 2008, 00:32
Reason: Wire company trying to justify that if its demand decrease because of cost factor, it is not going to get copper from copper manufacturer.
Re: CR copper mining   [#permalink] 05 Aug 2008, 00:32
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# Statement of a United States copper mining company: Import

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