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Difficulty:
5%
(low)
Question Stats:
100%
(01:14)
correct 0%
(00:00)
wrong
based on 55
sessions
History
Date
Time
Result
Not Attempted Yet
Syldania, the worlds largest exporter of iron ore, annually ships about 30 million tons of iron ore to other countries. Experts predict that because of a recent global increase in the production of iron ore, the export market for iron ore will shrink significantly next year. However, the Syldanian government has recently issued a directive stating that the number of iron ore processing plants in the country is to be increased.
Which of the following, if true, most helps to explain this apparent discrepancy?
A) Syldania can compensate for the amount of revenue that it loses from reduced sales of iron ore by increasing the selling price of the ore B) All the workers at Syldanias iron ore processing plants are employed by the government. C) Bordia, the worlds second-largest exporter of iron ore, is soon expected to overtake Syldania in iron ore production. D) The domestic demand for iron ore and its by-products is expected to increase considerably in Syldania. E) The number of iron ore processing plants in Syldania is already greater than the number of such plants in most other countries.
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D without a doubt Reason: If Govt is willing to increase processing then they are forecasting consumption increase as well here please dont mix export and domestic consumption D justifies that actually domestic will also be on rise
D without a doubt Reason: If Govt is willing to increase processing then they are forecasting consumption increase as well here please dont mix export and domestic consumption D justifies that actually domestic will also be on rise
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right, my friend, I scored Q46 V 32 -> 630
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