Summer is Coming! Join the Game of Timers Competition to Win Epic Prizes. Registration is Open. Game starts Mon July 1st.

It is currently 18 Jul 2019, 23:07

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel

The cost of transatlantic airfare has nearly doubled over the past fiv

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:

Hide Tags

Find Similar Topics 
VP
VP
avatar
Joined: 17 Jun 2008
Posts: 1140
The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post Updated on: 06 Jan 2019, 12:04
2
16
00:00
A
B
C
D
E

Difficulty:

  75% (hard)

Question Stats:

52% (01:48) correct 48% (01:49) wrong based on 1161 sessions

HideShow timer Statistics


The cost of transatlantic airfare has nearly doubled over the past five years, yet airlines are doing a booming business. Clearly, people today have more money to spend on vacations than they did five years ago.

All of the following, if true, would weaken the argument above EXCEPT:


(A) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.

(B) There are fewer airlines in existence today than five years ago.

(C) People are taking shorter vacations and staying in cheaper hotels than they used to.

(D) Crossing the Atlantic by ship requires more time than most people can afford.

(E) Domestic airline flights have seen a steady increase in passengers

_________________
cheers
Its Now Or Never

Originally posted by spriya on 06 Sep 2008, 08:05.
Last edited by Bunuel on 06 Jan 2019, 12:04, edited 1 time in total.
Renamed the topic and edited the question.
VP
VP
User avatar
Joined: 05 Jul 2008
Posts: 1174
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 06 Sep 2008, 17:14
4
spriya wrote:
The cost of transatlantic airfare has nearly
doubled over the past five years, yet airlines are
doing a booming business. Clearly, people today
have more money to spend on vacations than
they did five years ago.

All of the following, if true, would weaken the
argument above EXCEPT:

(A) Most people buying transatlantic tickets
today use them for business trips, so
airfare is refunded by their companies.

People are not paying for the fare, some one else is , Probably they do not have the money; weakens

(B) There are fewer airlines in existence today
than five years ago.

If there are fewer airlines that explains why the prices are so high. They dont have a choice not because they have money weakens
(C) People are taking shorter vacations and
staying in cheaper hotels than they used
to.
If they are taking shorter vacations * cheap hotels, money is tight. weakens

(D) Crossing the Atlantic by ship requires
more time than most people can afford.

If ships takes time that is not affordable, people have no alternative and not because money is abundant . weakens

(E) Domestic airline flights have seen a
steady increase in passengers

E is about domestic. Totally unrelated to transatlantic. Does not weaken

I dont understand the OA kindly help


E
Manager
Manager
User avatar
Affiliations: PMP
Joined: 13 Oct 2009
Posts: 242
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 10 Dec 2009, 12:27
1
is it E, E suggests that people re spending in domestic flights too , meaning ppl have more money, strengthening the argument...
_________________
Thanks, Sri
-------------------------------
keep uppp...ing the tempo...

Press +1 Kudos, if you think my post gave u a tiny tip
Manager
Manager
avatar
Joined: 23 Oct 2009
Posts: 64
Location: New Delhi, India
Schools: Chicago Booth, Harvard, LBS, INSEAD, Columbia
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 11 Dec 2009, 04:13
I think the answer is E.
I did a very similar question today in PR's Verbal Bin3.

A. The reason why airlines are doing well is because of an alternative cause ie. companies refunding their money, not because of the travelers having enough money.
B. If the reason people are spending on flight tickets is because they have no other option (limited no. of choices, and increased costs by all airlines), it does not support the given reason of people spending money just because they have it, but because they don't have an option. Given the option, they probably wouldn't spend so much on it. I hope this makes sense!?
C. If people are finding ways to save money through shorter vacations & cheaper hotels, they probably do not have "more money to spend on vacations than they did five years ago". This also weakens the argument.
D. Again, the reason people opt for the quicker, yet more expensive mode of transport (flights) is because the alternative is too time-consuming, NOT because they have more money to spend.
E. How an airline would do depends on income from 2 segments: international (in this case, transatlantic) and domestic. If intl. flights just got more expensive, using the simple supply-demand theory, demand should go down. However, if the domestic airline segment has seen an increase in passengers, it means that the business from domestic segment could be so large that overall, airline companies are doing better. Why are the number of domestic passengers increasing? Because people are now taking vacations to locations within the country? But how does that imply that they have more money? Is this the right answer just because it does NOT weaken the argument?

So I started off assuming E was right...but, when I really started to question it, I ended up eliminating all the options?! Oh man...help!!!

Btw, what's the OA???
_________________
Read about my GMAT prep at http://gmatting.blogspot.com/
1st Feb '11 -- Actual GMAT : 730 (Q48 V42) AWA 6.0

My Practice GMAT Scores
29th Jan '11 -- GMATPrep#2 : 700 (Q47 V38)
23rd Jan '11 -- MGMAT Practice Test #3 : 670 (Q45 V36)
19th Jan '11 -- GMATPrep#1 v.1 : 710 (Q49 V37)
15th Jan '11 -- GMATPrep#1 : 720 (Q47 V42)
11th Jan '11 -- MGMAT Practice Test #2 : 740 (Q47 V44)
6th Jan '11 -- Kaplan#2 : 620 (Q40 V35)
28th Dec '10 -- PowerPrep#1 : 670 (Q47 V35)
30th Oct '10 -- MGMAT Practice Test #1 : 660 (Q45 V35)
12th Sept '10 -- Kaplan Free Test : 610 (Q39 V37)
6th Dec '09 -- PR CAT #1 : 650 (Q44 V37)
25th Oct '09 -- GMATPrep#1 : 620 (Q44 V34)

If you feel like you're under control, you're just not going fast enough.
A goal without a plan is just a wish.
You can go higher, you can go deeper, there are no boundaries above or beneath you.
Intern
Intern
avatar
Joined: 07 Dec 2009
Posts: 29
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 11 Dec 2009, 17:55
Here is how i approached the question -
What is the conclusion ?

Answer - The airlines are doing a booming business

Now, let me share my thoughts on the various choices -

1) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.
Since the airline is really not doing a lot(or booming) of business becuase the tickets are being refunded, hence i would say that this is weakening the conclusion

2) There are fewer airlines in existence today than five years ago.
Since there are few airlines and people have money to fly inspite of rising price, the airlines, whaterver number they are, are booming in the business. This strengthen's the conclusion.

3) People are taking shorter vacations and staying in cheaper hotels than they used to.
this does not affect the conclusion becuase we do not know whether people are flying or driving, hence no impact to the conclusion

4) Crossing the Atlantic by ship requires more time than most people can afford.
This shows that people have more time which the can afford to spend. Nothing shows that they fly, thus helping the airline to boom. However, this does not show that people have more they, it just shows that they have more time.

5) Domestic airline flights have seen a steady increase in passengers
This says that the dommestic airlines have a steady increase in passenger that might cause a boom in dommestic airline industry. But the conclusion talks about airline industry on the whole not specific to dommestic or international. Hence this "might" strengthen the conclusion if there is an increase in both dommestic and international airline industry, resulting in a boom in overall airline industry. But since we do not know about this fact, i would say this "might" strengthen the conclusion but not to a very strong extent.

Considering all the above facts, i would say B is the correct answer.

Thoughts ??

What is the OA ?
Manager
Manager
User avatar
Status: I rest, I rust.
Joined: 04 Oct 2010
Posts: 98
Schools: ISB - Co 2013
WE 1: IT Professional since 2006
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 17 Nov 2010, 10:48
2
1
First things first, the question stem is "All of the following, if true, would weaken the argument above EXCEPT", so we dont necessarily have to find an option that strengthens it. One that has no bearing on the argument will do too just as well.

The argument says that more tickets are being sold despite the high prices, therefore people must have a lot of money to spend one vacation. Any option that shows that:
(i) People dont spend money, or
(ii) People dont spend more money on vacation, or
(iii) People have little money but they dont have any other option
will weaken the argument. Lets analyze the statements now.

(A) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.
From this it can be inferred that since someone else is paying the money, people may not necessarily have extra money. Besides, this also tells us that most of the tickets sold are not for vacations. Weakens. Rejected.

(B) There are fewer airlines in existence today than five years ago.
From this it can be inferred that people dont have extra money but they still spend it for the lack of options. Weakens. Rejected.

(C) People are taking shorter vacations and staying in cheaper hotels than they used to.
From this it can be inferred that people are making up for the increased airfare by cutting costs elsewhere, hence they may not have any extra money. Weakens. Rejected.

(D) Crossing the Atlantic by ship requires more time than most people can afford.
From this it can be inferred that people dont have extra money but they still spend it for they cant afford the time requirements of the other options. Weakens. Rejected.

(E) Domestic airline flights have seen a steady increase in passengers
This has no bearing on the passage. All other weaken the argument EXCEPT this one.
_________________
Respect,
Vaibhav

PS: Correct me if I am wrong.
Intern
Intern
User avatar
Status: Trying to get into the illustrious 700 club!
Joined: 18 Oct 2010
Posts: 45
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 17 Nov 2010, 15:40
1
spriya wrote:
The cost of transatlantic airfare has nearly doubled over the past five years, yet airlines are doing a booming business. Clearly, people today have more money to spend on vacations than they did five years ago.

All of the following, if true, would weaken the argument above EXCEPT:

Conclusion: People have more money to spend on vacations.
We are trying to find a statement that strengthens this conclusion.

(A) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.
Weakens - Flights are increasing because people are traveling for business and are reimbursed not because they have more money to spend.
(B) There are fewer airlines in existence today than five years ago.
Weaken - If there are fewer airlines now than 5 years ago and the demand stays the same it means the airlines can charge more. Low supply and high demand will raise the price.
(C) People are taking shorter vacations and staying in cheaper hotels than they used to.
Weaken - Implies people have less money.
(D) Crossing the Atlantic by ship requires more time than most people can afford.
Weaken - It seems people would rather take the a boat but it is too slow so they are forced to fly as their only choice not because they have more money now.
(E) Domestic airline flights have seen a steady increase in passengers
Strengthen - I don't think it strengthens the conclusion by much but it implies there is a constant increase which might signal more money for trips.

I got kind of confused explaining the reasoning but was able to choose the correct answer.
I dont understand the OA kindly help

_________________
I'm trying to not just answer the problem but to explain how I came up with my answer. If I am incorrect or you have a better method please PM me your thoughts. Thanks!
Intern
Intern
avatar
Joined: 07 Sep 2010
Posts: 14
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 17 Nov 2010, 21:43
conclusion: Clearly, people today have more money to spend on vacations than they did five years ago [conclusion].
All of the following, if true, would weaken the argument above EXCEPT (4 will weaken the argument & answer -->1 will not weaken the argument):
A) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.
This means that people do not have moneyto go on vacation --> weakens

(B) There are fewer airlines in existence today than five years ago.
If there are fewer airlines that explains why the prices are so high. They don’t have a choice not because they have money weakens
(C) People are taking shorter vacations and staying in cheaper hotels than they used to.
If they are taking shorter vacations * cheap hotels, people do not have money--> weakens

(D) Crossing the Atlantic by ship requires more time than most people can afford.
people travel by ships because they don’t have money --> weakens

(E) Domestic airline flights have seen a steady increase in passengers
E is about domestic. Totally unrelated to transatlantic--> Does not weaken

IMO: E
Director
Director
User avatar
Joined: 14 Dec 2012
Posts: 739
Location: India
Concentration: General Management, Operations
GMAT 1: 700 Q50 V34
GPA: 3.6
GMAT ToolKit User
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 11 Jul 2013, 04:03
1
nikhil.jones.s wrote:
The cost of transatlantic airfare has nearly doubled over the past five years, yet airlines are doing a booming business. Clearly, people today have more money to spend on vacations than they did five years ago.
All of the following, if true, would weaken the argument above EXCEPT:
(A) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.
(B) There are fewer airlines in existence today than five years ago.
(C) People are taking shorter vacations and staying in cheaper hotels than they used to.
(D) Crossing the Atlantic by ship requires more time than most people can afford.
(E) Domestic airline flights have seen a steady increase in passengers.


IMO E

CONCLUSION: people today have more money to spend on vacations than they did five years ago.

FOUR ANSWER CHOICES WILL WEAKEN THIS CONCLUSION===>4 OPTIONS WILL PROVIDE SOMETHING TO BELIEVE THAT people are spending not because they have more moneyTO SPEND ON VACATIONS...but because of some other reasons.

(A)Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies.
if all there money is getting refunded==>this means they are not investing from their pocket==>so we cant say that people have more money to spend.hence weakens==>incorrect

(B) There are fewer airlines in existence today than five years ago.==>fewer airlines are there===>supply is less ...demand is more===>it means because people dont have other options thats why they are spending more====>weakens===>incorrect

(C) People are taking shorter vacations and staying in cheaper hotels than they used to.===>clearly if people are taking shorter vacations..and living in cheaper hotels===>they dont have more money tto spend on vacations====>clearly weakens===>incorrect

(D) Crossing the Atlantic by ship requires more time than most people can afford.===>there is only 2 way to crossing atlantic===>either by ship or by plane===>by ship it is taking so much time that people cant afford to spend===>clearly they have only one option by air...so thats why they are paying more because of their need.==>weakens==incorrect

(E) Domestic airline flights have seen a steady increase in passengers.===>we are not worried about DOMESTIC AIRLINES==WE ARE CONCERNED ABOUT TRANSATLANTIC flights===>this one misses the point===>hence CORRECT.

hope it helps
_________________
When you want to succeed as bad as you want to breathe ...then you will be successfull....

GIVE VALUE TO OFFICIAL QUESTIONS...



GMAT RCs VOCABULARY LIST: http://gmatclub.com/forum/vocabulary-list-for-gmat-reading-comprehension-155228.html
learn AWA writing techniques while watching video : http://www.gmatprepnow.com/module/gmat-analytical-writing-assessment
: http://www.youtube.com/watch?v=APt9ITygGss
Retired Moderator
avatar
P
Joined: 04 Aug 2016
Posts: 482
Location: India
Concentration: Leadership, Strategy
GPA: 4
WE: Engineering (Telecommunications)
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 04 Mar 2017, 10:41
E.

(A) Most people buying transatlantic tickets today use them for business trips, so airfare is refunded by their companies. -- Valid option. Disapproves the notion that people have more money.
(B) There are fewer airlines in existence today than five years ago. -- fewer options available. People are forced to buy.
(C) People are taking shorter vacations and staying in cheaper hotels than they used to. -- Weakens the conclusion that people have more money.
(D) Crossing the Atlantic by ship requires more time than most people can afford. -- More time required by ship and hence they are forced to buy expensive flight tickets - not because they have more money.
(E) Domestic airline flights have seen a steady increase in passengers -- Nothing to do with the argument.
Non-Human User
User avatar
Joined: 01 Oct 2013
Posts: 4790
Re: The cost of transatlantic airfare has nearly doubled over the past fiv  [#permalink]

Show Tags

New post 06 Jan 2019, 12:04
Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
_________________
GMAT Club Bot
Re: The cost of transatlantic airfare has nearly doubled over the past fiv   [#permalink] 06 Jan 2019, 12:04
Display posts from previous: Sort by

The cost of transatlantic airfare has nearly doubled over the past fiv

  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics  





cron

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne