When digital cameras came into the market, they cost almost twice the

Question

When digital cameras came into the market, they cost almost twice the amount of regular cameras with similar capabilities. It was widely believed that the price would come down as more efficiency is achieved in the new technology. The price surely came down significantly in about seven years. However, surprisingly, the cost of regular cameras, an old, efficient technology, did not come down at all, despite the market gradually leaning towards digital cameras.

Which one of the following most helps to explain why the price of regular cameras did not come down?

A) Many professionals still preferred using regular cameras because of the higher control it allowed them in shooting photographs from different angles.
B) As more consumers bought digital cameras, the production volume of regular cameras went down, forcing high prices per regular camera to stick.
C) There was no scope for innovation in manufacturing of regular cameras which would result in low production costs.
D) Some consumers who bought regular cameras after the advent of digital cameras were price-sensitive.
E) Many consumers were not technologically savvy and still preferred the old-school regular cameras

globaldesi · Answer

B and C are the contenders for it

however C says
There was  no scope for innovation  in manufacturing of regular cameras which would result in low production costs. " no scope for innovation  " is too broad . 
Hence B is the best

B) As more consumers bought digital cameras, the production volume of regular cameras went down, forcing high prices per regular camera to stick.
C)

Aviral1995 · Answer

VeritasKarishma   GMATNinja   jennpt   AjiteshArun  I am confused b/w B and C. Both seems to be the possible reason for the explanation. Could you please help?

BrightOutlookJenn · Answer

Aviral1995

I wouldn't beat yourself up on this question - I don't find it a good approximation of a GMAT question. It's trying to be a paradox question, but the situation presented is not actually paradoxical/surprising. In the situation, we only had expectations for changes in the price of digital cameras; there is nothing surprising about the fact that conventional camera prices haven't changed.

Both B and C would explain the outcome. C uses the logic already described in the problem (innovation leads to lower costs, so no innovation means no lower costs) while B introduces a different reason for the outcome. Perhaps the question writer wants us to assume that the 'innovation leads to lower costs' trend does not apply to older technology that is already efficient.

In any case, strongly prefer official material when you are preparing for GMAT Verbal. It's a much better use of your time to learn from the logic and structures presented in real GMAT questions.

Chandrakiran5 · Answer

why not E..I am just beginner excuse me if my doubt is baseless

MartyMurray · Answer

Here's a key line from the passage:

despite the market gradually leaning towards digital cameras

We see that the market was "leaning toward digital cameras," meaning that demand for regular cameras decreased.

Now here's (E):

E) Many consumers were not technologically savvy and still preferred the old-school regular cameras

Notice that (E) does not explain why the price of regular cameras remained the same "despite the market ... leaning toward digital cameras."

After, regardless of what (E) says about "many consumers," overall, the market did not prefer regular cameras.

So, (E) doesn't materially change what we know about the market. It just qualifies it, leaving in place basically the same scenario we already had, in which demand for regular cameras decreased but the price did not.

VerbalBot · Answer

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When digital cameras came into the market, they cost almost twice the

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