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04 Aug 2025, 22:00
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Difficulty:
55%
(hard)
Question Stats:
65% (01:53) correct
35%
(02:01)
wrong
based on 279
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In Nation X, the average price of a new automobile is 15,000 to 20,000 US dollars, and the average automobile loses approximately ten percent of its market resale value each year.Therefore, if a two-year-old automobile is resold for only 10,000 US dollars, its loss in market resale value has been greater than average for Nation X.
Which of the following indicates a flaw in the reasoning above?
A. Market resale value is only one measure of an automobile’s value.
B. Some two-year-old automobiles in Nation X have market resale values in excess of 20,000 US dollars.
C. It is possible for a new automobile in Nation X to cost 30,000 US dollars.
D. A loss in market resale value beyond what is ordinarily expected does not necessarily indicate poor design.
E. Not all new automobiles are sold for a price within the average range
Which of the following indicates a flaw in the reasoning above?
A. Market resale value is only one measure of an automobile’s value.
B. Some two-year-old automobiles in Nation X have market resale values in excess of 20,000 US dollars.
C. It is possible for a new automobile in Nation X to cost 30,000 US dollars.
D. A loss in market resale value beyond what is ordinarily expected does not necessarily indicate poor design.
E. Not all new automobiles are sold for a price within the average range
05 Aug 2025, 03:04
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For this to be true, we need to know if the two-year-old automobile is resold for only 10,000 US dollars was purchased for 15,000 to 20,000 US dollars. Else the reasoning is flawed. What if this automobile was purchased for 8000 and sold at a profit?
Only E supports the initial thinking and points out the flaw.
Only E supports the initial thinking and points out the flaw.
Bunuel
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05 Aug 2025, 04:41
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Solution:
Premise 1: The average price of a new automobile is 15,000 to 20,000 US dollars.
Premise 2: The average automobile loses 10% of its market resale value each year.
Conclusion: If a two-year-old automobile is resold for only 10,000, it's a loss in the market > average for Nation X.
A. Market resale value is only one measure of an automobile’s value. Incorrect. This choice only tells us the measure of an automobile's value.
B. Some two-year-old automobiles in Nation X have market resale values in excess of 20,000 US dollars. Incorrect Irrelevant
C. It is possible for a new automobile in Nation X to cost 30,000 US dollars. Incorrect. It does not tell anything about the flaw in an argument.
D. A loss in market resale value beyond what is ordinarily expected does not necessarily indicate poor design. Incorrect, it brings new information about the poor design.
E. Not all new automobiles are sold for a price within the average range. Correct. Yes, it gives us the reason to believe that an author fails to consider this fact: not all automobiles are sold within the average selling price range.
Premise 1: The average price of a new automobile is 15,000 to 20,000 US dollars.
Premise 2: The average automobile loses 10% of its market resale value each year.
Conclusion: If a two-year-old automobile is resold for only 10,000, it's a loss in the market > average for Nation X.
A. Market resale value is only one measure of an automobile’s value. Incorrect. This choice only tells us the measure of an automobile's value.
B. Some two-year-old automobiles in Nation X have market resale values in excess of 20,000 US dollars. Incorrect Irrelevant
C. It is possible for a new automobile in Nation X to cost 30,000 US dollars. Incorrect. It does not tell anything about the flaw in an argument.
D. A loss in market resale value beyond what is ordinarily expected does not necessarily indicate poor design. Incorrect, it brings new information about the poor design.
E. Not all new automobiles are sold for a price within the average range. Correct. Yes, it gives us the reason to believe that an author fails to consider this fact: not all automobiles are sold within the average selling price range.
Bunuel
