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The cost of producing radios in country Q is 10 percent less than the

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Manager
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Joined: 12 Mar 2017
Posts: 53

Kudos [?]: 9 [0], given: 22

Re: The cost of producing radios in country Q is 10 percent less than the [#permalink]

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New post 28 Jul 2017, 10:02
he cost of producing radios in country Q is 10 percent less than the cost of producing radios in country Y.Even after transportation fees and tariff charges are added,it is still cheaper for a company to import radios from country Q to Country Y than to produce radios in Country Y.

This is a classic case of rigorous POE.

The statments above,if true,best support which of the following assertions?

A) Labor costs in country Q are 10 percent below those in Country Y.
Maybe the raw material costs are 10% low.

B) Importing radios from country Q to country Y will eliminate 10 percent of the manufacturing jobs in Country Y.
Maybe it won't.

C) The tariff on a radio imported from country Q to country Y is less than 10 percent of the cost of manufacturing the radio in counrty Y
After rigorous POE and removing all out of scope statements, i reached to this part.

D) The fee for transporting a radio from country Q to Country Y is more than 10 percent of the cost of manufacturing the radio in country Q
We arenot sure about the transporting fees.

E) It takes 10 percent less time to manufatcture a radio in country Q than it does in Country Y.
We do not know about the time.

Kudos [?]: 9 [0], given: 22

Director
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Joined: 12 Nov 2016
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Kudos [?]: 32 [0], given: 157

Re: The cost of producing radios in country Q is 10 percent less than the [#permalink]

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New post 15 Aug 2017, 22:38
fatihaysu wrote:
the cost of producing radios in country Q is 10 percent less than the cost of producing radios in country Y.Even after transportation fees and tariff charges are added,it is still cheaper for a company to import radios from country Q to Country Y than to produce radios in Country Y.

The statments above,if true,best support which of the following assertions?

A) Labor costs in country Q are 10 percent below those in Country Y.

B) Importing radios from country Q to country Y will eliminate 10 percent of the manufacturing jobs in Country Y.

C) The tariff on a radio imported from country Q to country Y is less than 10 percent of the cost of manufacturing the radio in counrty Y

D) The fee for transporting a radio from country Q to Country Y is more than 10 percent of the cost of manufacturing the radio in country Q

E) It takes 10 percent less time to manufatcture a radio in country Q than it does in Country Y.


Perhaps using some math would not hurt us- even though this is part of the verbal section of the GMAT we can still use math to clarify the stimulus

Cost of Production in Q - $90.00

Cost of Production in Y = $100.00

10& of the Cost of production in Y = $10.00

Cost of tariff and export in Q < $10.00

C

Kudos [?]: 32 [0], given: 157

Re: The cost of producing radios in country Q is 10 percent less than the   [#permalink] 15 Aug 2017, 22:38

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