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Statement of a United States copper mining company: Import

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Manager
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Joined: 22 Jun 2008
Posts: 104

Kudos [?]: 46 [0], given: 1

Schools: Darden School of Business (Class of 2012)
Statement of a United States copper mining company: Import [#permalink]

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New post 04 Aug 2008, 11:29
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A
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C
D
E

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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

Kudos [?]: 46 [0], given: 1

Director
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Joined: 12 Jul 2008
Posts: 514

Kudos [?]: 162 [0], given: 0

Schools: Wharton
Re: CR copper mining [#permalink]

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New post 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.

Kudos [?]: 162 [0], given: 0

Retired Moderator
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Joined: 18 Jul 2008
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Re: CR copper mining [#permalink]

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New post 04 Aug 2008, 15:27
C as well.

Kudos [?]: 295 [0], given: 5

Senior Manager
Senior Manager
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Joined: 06 Apr 2008
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Kudos [?]: 165 [0], given: 1

Re: CR copper mining [#permalink]

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New post 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)

Kudos [?]: 165 [0], given: 1

Intern
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Joined: 01 Aug 2008
Posts: 39

Kudos [?]: 1 [0], given: 0

Re: CR copper mining [#permalink]

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New post 05 Aug 2008, 00:32
Possible best answer is C.
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.

Kudos [?]: 1 [0], given: 0

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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