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The agricultural market throughout the world is struggling with

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Manager
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Joined: 01 Sep 2016
Posts: 208

Kudos [?]: 184 [0], given: 33

GMAT 1: 690 Q49 V35
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The agricultural market throughout the world is struggling with [#permalink]

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New post 30 Sep 2017, 12:40
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Difficulty:

  75% (hard)

Question Stats:

50% (01:15) correct 50% (01:24) wrong based on 44 sessions

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The agricultural market throughout the world is struggling with a significant reduction in the production of rice, and it is feared that demand will far outstrip supply in the coming months. However, Belvania’s export shipments of rice have increased from a total of $21.2 million last quarter to $27.6 million in this quarter. Clearly, Belvania’s production of rice has increased.

Which of the following, if true, most strengthens the argument above?

A) Some countries may be able to increase their production of rice by using innovative methods.

B) Local demand for rice in Belvania has decreased by at least 15 percent during this quarter.

C) Because of the shortage of rice, the cost of production of rice-products has also increased.

D) Increase in the demand for rice has not resulted in an increase in its selling price.

E) Belvania is the world’s largest exporter of rice.
[Reveal] Spoiler: OA

_________________

we shall fight on the beaches,
we shall fight on the landing grounds,
we shall fight in the fields and in the streets,
we shall fight in the hills;
we shall never surrender!

Kudos [?]: 184 [0], given: 33

Manager
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Joined: 21 Mar 2017
Posts: 99

Kudos [?]: 25 [0], given: 185

Location: India
Concentration: Leadership, Strategy
GMAT 1: 560 Q48 V20
GPA: 3
GMAT ToolKit User Reviews Badge CAT Tests
The agricultural market throughout the world is struggling with [#permalink]

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New post 30 Sep 2017, 23:17
+C.
Agricultural market is shrinking and production has gone down. Still, Belvania’s export shipments of rice have increased from a total of $21.2 million last quarter to $27.6 million in this quarter. Clearly, Belvania’s production of rice has increased.

As we can see that we need to strengthen the author's claim that even though the market shrank, Belvania's production has Increased.

A) Some countries may be able to increase their production of rice by using innovative methods.
Irrelevant.

B) Local demand for rice in Belvania has decreased by at least 15 percent during this quarter.
This is a weakener. If the local demand has decreased than the added export is because of this and not because of the increased production.

C) Because of the shortage of rice, the cost of production of rice-products has also increased.
Out of scope. Provides no reason to strengthen the claim that belvania's production of rice has increased.

D) Increase in the demand for rice has not resulted in an increase in its selling price.

Perfect. If the increase in demand in rice has not led to the increase in prices of rice. It eliminates the possibility that some other factor is responsible for the increase in revenues. Removes an alternate possibility.
Hence a strengthener.


E) Belvania is the world’s largest exporter of rice.
Irrelevant.
_________________

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
When nothing seem to help, I would go and look at a Stonecutter hammering away at his rock perhaps a hundred time without as much as a crack showing in it.
Yet at the hundred and first blow it would split in two.
And I knew it was not that blow that did it, But all that had gone Before
.

Kudos [?]: 25 [0], given: 185

The agricultural market throughout the world is struggling with   [#permalink] 30 Sep 2017, 23:17
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