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Full-length FE mock with insightful analytics, weakness diagnosis, and video explanations!
09 Feb 2023, 09:33
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
85%
(hard)
Question Stats:
45% (01:59) correct
55%
(02:07)
wrong
based on 150
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Tata recently introduced a low-priced fully functional car - Nano – aimed at the middle-class population of India. However, since car ownership is considered a status symbol, the low pricing of the car is likely to deter most middle-class Indians from going for the Nano. Therefore, Nano is not going to account for a significant proportion of car sales in India.
Which of the following is an assumption on which the argument depends?
A. The upper middle class who can afford much more expensive cars are not likely to purchase a much cheaper alternative as a backup mode of transportation.
B. The Nano will reduce the proportion of profits Tata makes from the sale of low-priced category of cars in India.
C. The middle-class people buy expensive assets only when their everyday needs are met.
D. A person is not likely to buy a second car to serve as a mode of transportation just in case his/her first preference fails to achieve its goal.
E. While purchasing a particular model of a car, the price paid depends on the economic standing of the buyer.
Which of the following is an assumption on which the argument depends?
A. The upper middle class who can afford much more expensive cars are not likely to purchase a much cheaper alternative as a backup mode of transportation.
B. The Nano will reduce the proportion of profits Tata makes from the sale of low-priced category of cars in India.
C. The middle-class people buy expensive assets only when their everyday needs are met.
D. A person is not likely to buy a second car to serve as a mode of transportation just in case his/her first preference fails to achieve its goal.
E. While purchasing a particular model of a car, the price paid depends on the economic standing of the buyer.
25 Feb 2023, 14:34
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Bunuel
Tata recently introduced a low-priced fully functional car - Nano – aimed at the middle-class population of India. However, since car ownership is considered a status symbol, the low pricing of the car is likely to deter most middle-class Indians from going for the Nano. Therefore, Nano is not going to account for a significant proportion of car sales in India.
Which of the following is an assumption on which the argument depends?
A. The upper middle class who can afford much more expensive cars are not likely to purchase a much cheaper alternative as a backup mode of transportation.
B. The Nano will reduce the proportion of profits Tata makes from the sale of low-priced category of cars in India.
C. The middle-class people buy expensive assets only when their everyday needs are met.
D. A person is not likely to buy a second car to serve as a mode of transportation just in case his/her first preference fails to achieve its goal.
E. While purchasing a particular model of a car, the price paid depends on the economic standing of the buyer.
Which of the following is an assumption on which the argument depends?
A. The upper middle class who can afford much more expensive cars are not likely to purchase a much cheaper alternative as a backup mode of transportation.
B. The Nano will reduce the proportion of profits Tata makes from the sale of low-priced category of cars in India.
C. The middle-class people buy expensive assets only when their everyday needs are met.
D. A person is not likely to buy a second car to serve as a mode of transportation just in case his/her first preference fails to achieve its goal.
E. While purchasing a particular model of a car, the price paid depends on the economic standing of the buyer.
The answer is A. The argument assumes that the upper middle class won't buy the Nano as a backup car just because it's cheaper. They probably want to keep their fancy car as their main ride to flaunt their status, ya know? So, even if Tata introduces a low-priced car, it won't be able to capture a significant market share among the middle-class population who view car ownership as a status symbol.
02 Mar 2023, 01:28
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Can somebody please explain why option D is wrong ? I am unable to eliminate option D.
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Posted from my mobile device
