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Updated on: 26 Mar 2014, 04:23
Originally posted by goodyear2013 on 25 Mar 2014, 14:50.
Last edited by goodyear2013 on 26 Mar 2014, 04:23, edited 1 time in total.
Last edited by goodyear2013 on 26 Mar 2014, 04:23, edited 1 time in total.
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
25%
(medium)
Question Stats:
77% (01:27) correct
23%
(01:39)
wrong
based on 505
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Not Attempted Yet
Country W has banned importation of oranges from Country V in order to protect Country W's orange growers. Since orange prices in Country W have risen since this ban was instituted, the ban is considered a success.
Which of the following, if true, would cast doubt on the conclusion above?
A) The demand for oranges in Country V has risen.
B) The demand for oranges in Country W has decreased.
C) A freeze in Country V damaged large portions of the orange crop.
D) The rise in Country W's orange prices will lead to a decline in sales of those oranges.
E) Orange growers no longer need to spend advertising money to convince consumers Country W produces superior oranges to Country V.
Which of the following, if true, would cast doubt on the conclusion above?
A) The demand for oranges in Country V has risen.
B) The demand for oranges in Country W has decreased.
C) A freeze in Country V damaged large portions of the orange crop.
D) The rise in Country W's orange prices will lead to a decline in sales of those oranges.
E) Orange growers no longer need to spend advertising money to convince consumers Country W produces superior oranges to Country V.
25 Mar 2014, 21:10
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Eventhough I answered D. I'd still like to know about why is option B wrong.
26 Mar 2014, 04:32
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I also answered D, because as soon as the oranges from Country W become more expensive, people might not buy them anymore.
I believe B is wrong, as the demand in Country W can still remain the same (or even increase), but the sales can go down because of the prices. People still want the oranges, but they will buy them in Country V (because they are less expensive).
I believe B is wrong, as the demand in Country W can still remain the same (or even increase), but the sales can go down because of the prices. People still want the oranges, but they will buy them in Country V (because they are less expensive).
