The value of farmland has gone up enormously in the past five years

Question

The value of farmland has gone up enormously in the past five years, according to the assessment office. This is primarily due to the fact that large tracts of land are hard to come by, as most in the county were developed over the last three decades. We can expect the cost per acre of farmland to continue to grow through 2020.

Which of the following is an assumption made in drawing this conclusion?

(A) Fewer and fewer large tracts of land will be available in the years to come.

(B) Development will slow as the price of land becomes exorbitant.

(C) As farmers lose their farms, developers will move in quickly.

(D) The cost per acre of farmland rarely decreases, even in a recession.

(E) After three decades of development, large purchases have nearly ceased.

winterschool · Answer

Which of the following is an assumption made in drawing this conclusion?

(A) Fewer and fewer large tracts of land will be available in the years to come.

Already know from argument

(B) Development will slow as the price of land becomes exorbitant.

irrelevant

(C) As farmers lose their farms, developers will move in quickly.

not helpful to identify why cost will rise?

(D) The cost per acre of farmland rarely decreases, even in a recession.

possible answer; as a result we can expect cost will increase

(E) After three decades of development, large purchases have nearly ceased.

but it doesnt tell us about cost

paulrahul · Answer

In your reasoning it is also possible that the cost of land remains constant and not necessarily increases. Also in rejecting A an assumption has been made that what has happened historically will continue to happen in future. What is all the development that needs large acres of land have already been completed and now no more development is going to happen. In that case the cost of farmland would remain constant or decrease. Answer should be A

winterschool · Answer

Choice A is a repetitive argument already stated in line 2 of the argument. this is primary fact, not the only facts. dont know about other facts. but D says price is rarely decrease. so decrease lands + not decrease prices, ensure price will rise

VerbalBot · Answer

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The value of farmland has gone up enormously in the past five years

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The value of farmland has gone up enormously in the past five years

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