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10 May 2020, 23:06
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
86% (01:33) correct
14%
(01:44)
wrong
based on 426
sessions
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The government-owned gas company has begun selling stoves and other gas appliances to create a larger market for its gas. Merchants who sell such products complain that the competition will hurt their businesses. That may well be; however, the government-owned gas company is within its rights. After all, the owner of a private gas company might will decide to sell such appliances and surely there would be nothing wrong with that.
Which one of the following principles, if valid, most helps justify the reasoning above?
(A) Government-owned companies have the right to do whatever private businesses have the right to do.
(B) A government should always take seriously the complaints of merchants.
(C) Private businesses have not right to compete with government monopolies.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain.
(E) There is nothing wrong with private companies competing against each other.
Which one of the following principles, if valid, most helps justify the reasoning above?
(A) Government-owned companies have the right to do whatever private businesses have the right to do.
(B) A government should always take seriously the complaints of merchants.
(C) Private businesses have not right to compete with government monopolies.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain.
(E) There is nothing wrong with private companies competing against each other.
gmat2020trgt770
GMAT 1: 730 Q50 V38
Posts: 65
11 May 2020, 09:24
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Premise :1. government-owned gas company has begun selling stoves and other gas appliances to create a larger market for its gas.
2. government-owned gas company is within its rights.
3. the owner of a private gas company might will decide to sell such appliances and surely there would be nothing wrong with that.
Conclusion : The govn-owned company has within its rights to do the same thing as the private company does. There is nothing wrong in this.
Ques : Which one of the following principles, if valid, most helps justify the reasoning above?
Lets analyse the options now :
(A) Government-owned companies have the right to do whatever private businesses have the right to do. - Correct : This is inline with the conclusion we have made and also fills the gap and assumption to arrive at the conclusion.
(B) A government should always take seriously the complaints of merchants.- Incorrect : Whether govn takes the complaints of maerchants seriously has nothing to do with the conclusion to which the author has arived at.
(C) Private businesses have not right to compete with government monopolies. - Incorrect : If this is true, then the conclusion made by the author is completely in opposite direction.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain. - Incorrect : In the argument, nothing is mentioned about whether private companies complain about govn.-owned company selling products.
(E) There is nothing wrong with private companies competing against each other. - Incorrect : The argument is about competition between gov.-owned company and private company and not between private companies.
2. government-owned gas company is within its rights.
3. the owner of a private gas company might will decide to sell such appliances and surely there would be nothing wrong with that.
Conclusion : The govn-owned company has within its rights to do the same thing as the private company does. There is nothing wrong in this.
Ques : Which one of the following principles, if valid, most helps justify the reasoning above?
Lets analyse the options now :
(A) Government-owned companies have the right to do whatever private businesses have the right to do. - Correct : This is inline with the conclusion we have made and also fills the gap and assumption to arrive at the conclusion.
(B) A government should always take seriously the complaints of merchants.- Incorrect : Whether govn takes the complaints of maerchants seriously has nothing to do with the conclusion to which the author has arived at.
(C) Private businesses have not right to compete with government monopolies. - Incorrect : If this is true, then the conclusion made by the author is completely in opposite direction.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain. - Incorrect : In the argument, nothing is mentioned about whether private companies complain about govn.-owned company selling products.
(E) There is nothing wrong with private companies competing against each other. - Incorrect : The argument is about competition between gov.-owned company and private company and not between private companies.
31 May 2020, 07:01
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The government-owned gas company has begun selling stoves and other gas appliances to create a larger market for its gas. Merchants who sell such products complain that the competition will hurt their businesses. That may well be; however, the government-owned gas company is within its rights. After all, the owner of a private gas company might will decide to sell such appliances and surely there would be nothing wrong with that.
Which one of the following principles, if valid, most helps justify the reasoning above?
Principle is that the companies can do whatever they want to increase profits. Competition cannot dictate what not to do.
A -> Clearly states the principle.
B -> Not related NO
C -> Again not right NO
D -> Even if private companies complain, it doesn't matter. NO
E -> This is true, but how will it justify the reasoning, so NO
(A) Government-owned companies have the right to do whatever private businesses have the right to do.
(B) A government should always take seriously the complaints of merchants.
(C) Private businesses have not right to compete with government monopolies.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain.
(E) There is nothing wrong with private companies competing against each other.
Which one of the following principles, if valid, most helps justify the reasoning above?
Principle is that the companies can do whatever they want to increase profits. Competition cannot dictate what not to do.
A -> Clearly states the principle.
B -> Not related NO
C -> Again not right NO
D -> Even if private companies complain, it doesn't matter. NO
E -> This is true, but how will it justify the reasoning, so NO
(A) Government-owned companies have the right to do whatever private businesses have the right to do.
(B) A government should always take seriously the complaints of merchants.
(C) Private businesses have not right to compete with government monopolies.
(D) There is nothing wrong with a government-owned company selling products so long as owners of private companies do not complain.
(E) There is nothing wrong with private companies competing against each other.
