Last visit was: 25 Apr 2024, 16:19 It is currently 25 Apr 2024, 16:19

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
SORT BY:
Date
Tags:
Show Tags
Hide Tags
User avatar
Manager
Manager
Joined: 27 Jul 2011
Posts: 119
Own Kudos [?]: 1034 [21]
Given Kudos: 103
Send PM
Most Helpful Reply
User avatar
Retired Moderator
Joined: 16 Jun 2012
Posts: 871
Own Kudos [?]: 8554 [6]
Given Kudos: 123
Location: United States
Send PM
General Discussion
Senior Manager
Senior Manager
Joined: 24 Aug 2009
Posts: 388
Own Kudos [?]: 2261 [2]
Given Kudos: 276
Concentration: Finance
Schools:Harvard, Columbia, Stern, Booth, LSB,
Send PM
avatar
Intern
Intern
Joined: 16 Jan 2013
Posts: 19
Own Kudos [?]: 92 [1]
Given Kudos: 8
Concentration: Finance, Entrepreneurship
GMAT Date: 08-25-2013
Send PM
Re: Utility companies in the United States are generally privately-owned [#permalink]
1
Kudos
+ 1 for D ,A is authoritative.

A) A pro-business climate demands the private ownership of utilities.
User avatar
Manager
Manager
Joined: 25 Apr 2014
Posts: 77
Own Kudos [?]: 277 [1]
Given Kudos: 1474
Send PM
Re: Utility companies in the United States are generally privately-owned [#permalink]
1
Kudos
+ 1 for A.
Please provide the OA.
Senior Manager
Senior Manager
Joined: 23 Jan 2013
Posts: 429
Own Kudos [?]: 263 [0]
Given Kudos: 43
Schools: Cambridge'16
Re: Utility companies in the United States are generally privately-owned [#permalink]
BukrsGmat wrote:
Utility companies in the United States are generally privately-owned, for-profit business ventures. One notable exception is the Tennessee Valley Authority, which was formed under the New Deal in the 1930s and continues, under federal control, to provide electricity to parts of the Southeast. Given the current pro-business climate in the region, however, it is safe to say that TVA is long overdue to be privatized.

The argument that the ownership of the Tennessee Valley Authority should be privatized rests on which of the following assumptions?

A) A pro-business climate demands the private ownership of utilities.
B) New Deal programs are outdated and should be discontinued.
C) Electricity in the Southeast will be more efficiently distributed if utilities are privately owned.
D) The price of electricity is currently higher than it would be if TVA were privatized.
E) Most residents of the Southeast prefer that TVA enter private ownership


OA after some discussion


Argument structure is:

Because current pro-business climate ------------> It is late company to be currently privatized

Pro-business climate wants company to be privatized
. That is the assumption. Answer A fits best
Intern
Intern
Joined: 25 Apr 2016
Posts: 27
Own Kudos [?]: 1 [0]
Given Kudos: 359
Concentration: Strategy, General Management
Send PM
Re: Utility companies in the United States are generally privately-owned [#permalink]
A for me.
It best fits the argument above.
Manager
Manager
Joined: 30 May 2012
Posts: 171
Own Kudos [?]: 521 [0]
Given Kudos: 151
Location: United States (TX)
Concentration: Finance, Marketing
GPA: 3.3
WE:Information Technology (Consulting)
Send PM
Re: Utility companies in the United States are generally privately-owned [#permalink]
+ 1 for A

Mods - Can one of yous explain/confirm the answer, please?
avatar
Intern
Intern
Joined: 22 Oct 2018
Posts: 1
Own Kudos [?]: 1 [1]
Given Kudos: 0
Send PM
Re: Utility companies in the United States are generally privately-owned [#permalink]
1
Bookmarks
no such thing as safe to or rest or not, cepux, say/can say any nmw is ok
User avatar
Non-Human User
Joined: 01 Oct 2013
Posts: 17221
Own Kudos [?]: 848 [0]
Given Kudos: 0
Send PM
Re: Utility companies in the United States are generally privately-owned [#permalink]
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: Utility companies in the United States are generally privately-owned [#permalink]
Moderators:
GMAT Club Verbal Expert
6921 posts
GMAT Club Verbal Expert
238 posts
CR Forum Moderator
832 posts

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