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chesstitans
Joined: 12 Dec 2016
Last visit: 20 Nov 2019
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Schools: Stanford '19 Carroll '19 LBS '19
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09 Jan 2018, 23:56
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D
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Syldania, the worlds largest exporter of iron ore, annually ships about 30 million tons of iron ore to other countries. Experts predict that because of a recent global increase in the production of iron ore, the export market for iron ore will shrink significantly next year. However, the Syldanian government has recently issued a directive stating that the number of iron ore processing plants in the country is to be increased.
Which of the following, if true, most helps to explain this apparent discrepancy?
A) Syldania can compensate for the amount of revenue that it loses from reduced sales of iron ore by increasing the selling price of the ore
B) All the workers at Syldanias iron ore processing plants are employed by the government.
C) Bordia, the worlds second-largest exporter of iron ore, is soon expected to overtake Syldania in iron ore production.
D) The domestic demand for iron ore and its by-products is expected to increase considerably in Syldania.
E) The number of iron ore processing plants in Syldania is already greater than the number of such plants in most other countries.
Which of the following, if true, most helps to explain this apparent discrepancy?
A) Syldania can compensate for the amount of revenue that it loses from reduced sales of iron ore by increasing the selling price of the ore
B) All the workers at Syldanias iron ore processing plants are employed by the government.
C) Bordia, the worlds second-largest exporter of iron ore, is soon expected to overtake Syldania in iron ore production.
D) The domestic demand for iron ore and its by-products is expected to increase considerably in Syldania.
E) The number of iron ore processing plants in Syldania is already greater than the number of such plants in most other countries.
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11 Jan 2018, 06:41
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D without a doubt
Reason: If Govt is willing to increase processing then they are forecasting consumption increase as well here please dont mix export and domestic consumption
D justifies that actually domestic will also be on rise
Reason: If Govt is willing to increase processing then they are forecasting consumption increase as well here please dont mix export and domestic consumption
D justifies that actually domestic will also be on rise
chesstitans
Joined: 12 Dec 2016
Last visit: 20 Nov 2019
Posts: 960
Own Kudos:
Given Kudos: 2,561
Location: United States
Schools: Stanford '19 Carroll '19 LBS '19
GMAT 1: 700 Q49 V33
GPA: 3.64
11 Jan 2018, 06:45
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ehsan090
right, my friend, I scored Q46 V 32 -> 630
Archived Topic
Hi there,
This topic has been closed and archived due to inactivity or violation of community quality standards. No more replies are possible here.
Where to now? Join ongoing discussions on thousands of quality questions in our Critical Reasoning (CR) Forum
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.
Thank you for understanding, and happy exploring!
