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Unlike the wholesale price of raw wool, the wholesale price

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 23 Oct 2013, 22:22
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Question type: Cause & Effect.

Back to the ques:
Cause: wholesale price of raw cotton has fallen
Effect: price of cotton clothing at retail clothing stores will fall.

Pre-thinking: Retail cloth price will not fall because some cost in between will compensate the price fall of wholesale cotton.

A. The cost of processing raw cotton for cloth has increased during the last Year. - same as pre-thinking. Raw cotton is cheap but processing charge is high, so end product cost will remain same.

B. The wholesale price is typically higher than that of the same volume of raw cotton. - This is extra information regarding the wholesale price,but do not address the relationship between wholesale price and retail price.

C. The operating costs of the average retail clothing store have remained constant during the last year. We are not concerned about the price of electricity bill, water bill or staff salary of the store.

D. Changes in retail prices always lag behind changes in wholesale prices. - This is not a weakener, this is talking about the usual trend, which may happen.

E. The cost of harvesting raw cotton has increased in the last year. - purely a strengthener.

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 24 Apr 2014, 08:24
The retail price is based on the wholesale price and the cost of processing raw cotton. The cost of harvesting raw cotton and a lot of other things could result in the dropped wholesale price, but here we are only concerned about the wholesale price, not what created it. Hence, E is irrelevant.

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 26 Mar 2016, 01:19
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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 14 Apr 2016, 08:04
Wool is simply in the argument to confuse. Argument concludes that retail price of cotton cloth will inevitably fall.
premise only mentions raw cotton.

Argument assumes that cost of converting raw cotton to cotton cloth will not increase.
Correct answer choice will undermine this assumption.

E talks about harvesting raw cotton, not about raw cotton to cotton cloth.

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 22 Apr 2016, 13:46
This is an opinion. Argument believes the premise is relevant and sufficient to prove the conclusion.
Raw cotton price went down , therefore price of cotton clothing will go down.

What about the process of converting raw cotton to cotton clothing? Argument doesn't address that issue.

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 12 Oct 2016, 07:20
E goes against premise. That's why it is incorrect (premise can never be challenged)
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Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 12 Oct 2016, 09:51
Marked the correct option here.

Option D is actually strengthening the argument. The argument is basically concluding that the retail price of cotton clothing will ultimately fall. In that sense, option D is actually strengthening the argument because it says that it is indeed just a matter of time when the retail prices will fall, because if what is given in option D is true, then the change in wholesale price and the change in retail price do not happen simultaneously.

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 12 Mar 2017, 15:49
we need to find answer choice that would undermine decrease of retail prices of cotton clothing

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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 29 Apr 2017, 08:44
Conclusion :- Retail price of cotton clothing at retail clothing stores will fall.
Weaken :- Retail price of cotton clothing at retail clothing stores will not fall.

To make this argument very basic:
Premise: The price of raw cotton has fallen.
Conclusion: The cost of cotton clothing will fall.

What is the author assuming? That the cost of cotton clothing is ONLY influenced by the price of raw cotton. That seems like a weak assumption, since many other costs could go into the conversion of raw cotton into cotton clothing.

To weaken the argument, attack the assumption that only the cost of raw cotton influences the price of cotton clothing. (A) does this nicely, illustrating that there are other possible factors that go into the final cost of cotton clothing, such as the cost of processing the cotton.Also, Option A: Correctly gives an alternate reason why the retail price may not fall. Because, although the wholesale prices have fallen, the cost of processing them into clothing has risen. Thus, the cotton clothing manufacturers will have to sell the clothes at the same price as they did before and eventually the retailers will have to sell it at the same rate as before as well.
Thus, A is best choice here.
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Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 13 Aug 2017, 05:44
(C) The operating costs of the average retail clothing store have remained constant during the last year.

Can someone explain more on this option? I am not clear with the operating costs?

My understanding of the argument -
Basically, the wholesale price of raw cotton has fallen considerably in the last Year. As per the conclusion, the retail price of cotton clothing at retail clothing stores will inevitably fall.

Now, where does this operating costs comes into picture? I am not able to link that. What will actually happen if the operating costs are constant.. Can someone help in explaining this? ChiranjeevSingh
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Re: Unlike the wholesale price of raw wool, the wholesale price [#permalink]

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New post 16 Aug 2017, 09:21
A is the correct choice - the sentence clearly weakens the argument.
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Re: Unlike the wholesale price of raw wool, the wholesale price   [#permalink] 16 Aug 2017, 09:21

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