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Unlike the wholesale price of apples, the wholesale price oranges has

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Unlike the wholesale price of apples, the wholesale price oranges has  [#permalink]

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New post 19 Aug 2018, 05:12
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A
B
C
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E

Difficulty:

  75% (hard)

Question Stats:

38% (01:16) correct 62% (01:21) wrong based on 107 sessions

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Unlike the wholesale price of apples, the wholesale price of oranges has fallen considerably in the last year. Thus, although the retail price of orange juice at retail juice stores has not yet fallen, it will inevitably fall.

The argument is based on which of the following assumptions?

(A) The cost of processing oranges for juice has increased during the last year.

(B) The wholesale price of apples is typically higher than that of the same volume of oranges.

(C) The operating costs of the average retail juice store have remained constant during the last year.

(D) Changes in retail prices always lag behind changes in wholesale prices.

(E) The cost of harvesting oranges has increased in the last year.
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Unlike the wholesale price of apples, the wholesale price oranges has  [#permalink]

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New post 19 Aug 2018, 07:36
Hello

Why can't this question have option C as its answer? If operating costs had increased, then it would have made sense to keep the cost of juice same even with decreased wholesale price. So why is the assumption that the operating costs were indeed constant wrong?
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Unlike the wholesale price of apples, the wholesale price oranges has  [#permalink]

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New post 19 Aug 2018, 09:32
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PragyaPrakash wrote:
Hello

Why can't this question have option C as its answer? If operating costs had increased, then it would have made sense to keep the cost of juice same even with decreased wholesale price. So why is the assumption that the operating costs were indeed constant wrong?



PragyaPrakash

if we take c as the assumption, on negation we get: The operating costs of the average retail juice store have NOT remained constant during the last year.

Does that weaken the argument? (if the operating costs have not remained constant, the price of orange juice would increase or it would decrease.)

No it has no effect on the argument, so we can rule out option C.

On the other hand, If the argument expects prices to fall and if we negate option D, we get: Changes in retail prices won't always lag behind changes in wholesale prices. This weakens the conclusion and thus is the correct option.


Kudo if it helped :-)
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Re: Unlike the wholesale price of apples, the wholesale price oranges has  [#permalink]

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New post 20 Aug 2018, 03:19
The premise presented in the argument suggests that the wholesale price of oranges has decreased and the conclusion suggests that the retail price of oranges have not fallen but will eventually fall.

The gap in the argument is that the premise talks about wholesale prices however the conclusion talks about retail prices. The correct answer choice will bridge this gap.

Let’s do POE

A- We are not concerned with what happened last year.

B- Irrelevant to the argument

C- This choice establishes no connection between wholesale prices and retail prices as per our requirement.

D- Correct

E- We are not interested in the cost of harvesting the oranges.
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Re: Unlike the wholesale price of apples, the wholesale price oranges has &nbs [#permalink] 20 Aug 2018, 03:19
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