carcass wrote:
The number of boats sold in 1973 was greater than the number of boats sold in 1987. However, more money was spent buying boats in 1987 than was spent buying boats in 1973.
Which of the following statements can be properly inferred from the statements above?
(A) In 1973 the demand for boats exceeded the supply, while in 1987 the supply of boats exceeded the demand.
(B) People were willing to invest a greater proportion of their income in boats in 1987 than they were in 1973.
(C) Between 1973 and 1987, there was a gradual increase in the proportion of large and luxuriously equipped boats sold.
(D) The average (mean) price of boats sold in 1973' was less than 'that of boats sold in 1987.
(E) Between 1973 and 1987, the number of new boats being made increased.
carcass &
nightblade354 Could you please help me here -
I really could not under stand how D is correct, let me explain how i came to the conclusion:
Suppose avg price of boat in 1973 was 2 units & in 1987 was 3 units, so "The average (mean) price of boats sold in 1973' was less than 'that of boats sold in 1987" - This statement holds true:
Now by the argument it is said that "The number of boats sold in 1973 was greater than the number of boats sold in 1987" - For this i have taken the no. of boats sold in 1973 was suppose 20 units & in 1987 was 10 units - so the statement holds true;
Now total cost of boats in 1973 - 20 * 2 - 40 Units
Total cost of boats in 1987 - 10 * 3 - 30 Units
So, it not generally holding true that "more money was spent buying boats in 1987 than was spent buying boats in 1973"
So how come the answer is D, it is clearly not holding true as the conclusion is shattered here.
Until we dont know the actual number of Boats being sold in these 2 years, we cant conclude.
I choose C here.