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With a record number of new companies starting up in Derderia and with

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Re: With a record number of new companies starting up in Derderia and with  [#permalink]

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New post 13 Aug 2018, 00:00
hI,

I have a query w.r.t to option B. Yes the argument does state that "This year, previously established companies will not be adding as many new jobs overall as such companies added last year" but doesn't the such companies only refer to the companies that were setup before a year ago and by that logic B seems sufficient.

metallicafan wrote:
+1 C

Check my explanations below 8-)

monikaleoster wrote:
With a record number of new companies starting up in Derderia and with previously established companies adding many jobs, a record number of new jobs were created last year in the Derderian economy. This year, previously established companies will not be adding as many new jobs overall as such companies added last year. Therefore, unless a record number of companies start up this year, Derderia will not break its record for the new jobs created.

Which of the following is an assumption on which the argument relies?

A. Each year, new companies starting up create more new jobs overall than do previously established companies. - The argument doesn't talk about trends. Out of scope.
B. Companies established last year will not add a greater number of jobs overall this year than they did last year. - This rephrase a premise already stated in the argument (notice the words in blue).
C. This year, the new companies starting up will not provide substantially more jobs per company than did new companies last year.- CORRECT. If there are more new jobs per new company, there is a possibility of reaching a new record.
D. This year, the overall number of jobs created by previously established companies will be less than the overall number of jobs lost at those companies. - We are talking about new jobs. It doesn't matter whether there were lost jobs. (Shell game choice!)
E. The number of jobs created in the Derderian economy last year was substantially larger than the number of jobs lost last year. - Same as D

Help with the Explanation of Answer
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Re: With a record number of new companies starting up in Derderia and with  [#permalink]

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New post 13 Aug 2018, 13:08
GMATNinja GMATNinjaTwo

Hi GMATNinja, I have a question regarding option C. As I was doing my analysis, I noticed something. Our conclusion mentions "unless a record number of companies start up this year". This part, doesn't it already take into the assumption of what option C is saying? I was able to get to the option C by POE but I am trying to understand the logic behind it. As option B, can we not say that option C is also included into the conclusion? Or am I reading too much? Please help!

Thank You!
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Re: With a record number of new companies starting up in Derderia and with  [#permalink]

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New post 22 Aug 2018, 19:49
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csaluja wrote:

Hi GMATNinja, I have a question regarding option C. As I was doing my analysis, I noticed something. Our conclusion mentions "unless a record number of companies start up this year". This part, doesn't it already take into the assumption of what option C is saying? I was able to get to the option C by POE but I am trying to understand the logic behind it. As option B, can we not say that option C is also included into the conclusion? Or am I reading too much? Please help!

Thank You!

Here's the argument, one more time:
Quote:
With a record number of new companies starting up in Derderia and with previously established companies adding many jobs, a record number of new jobs were created last year in the Derderian economy. This year, previously established companies will not be adding as many new jobs overall as such companies added last year. Therefore, unless a record number of companies start up this year, Derderia will not break its record for new jobs created.

The conclusion is that Derderia will not break its record for new jobs created, unless a record number of companies start up this year. Here's how the author gets to this conclusion:

  • Last year, previously established companies in D added many jobs.
  • Last year, a record number of new companies started up in D.
  • As a result of these two things, a record number of new jobs were created in D last year.
  • This year, previously established companies in D are not adding as many jobs as they did last year.
  • Therefore, D will not break its record for new jobs created this year, UNLESS D also breaks its record for number of companies started up.

The thing that jumps out at me here is that the conclusion is focused on the number of jobs created, but it tells us that this number will depend on the number of companies starting up. We still don't have any idea how many jobs these new startup companies create! That's a big gap to keep in mind as we review the answer choices that you're inspecting.

Quote:
(B) Companies established last year will not add a greater number of jobs overall this year than they did last year.

Just like you've noticed, this choice gives us no new information, and it doesn't fill the gap. So eliminate (B).

Quote:
(C) This year, the new companies starting up will not provide substantially more jobs per company than did new companies last year.

This choice doesn't repeat information that's already in the argument. It tells us new information about how many jobs will be created by the new startup companies. And it definitely bridges the gap in this argument, by letting us know that each of these new startup companies will not provide substantially more jobs than new companies did last year. This reinforces the conclusion: that D will not break the overall record for new jobs this year. That's why (C) is the best available choice.

The language being thrown around is similar and repetitive, which makes things a bit tough to follow. But this all comes down to the fact that the argument never tells us how many jobs are being created by new startup companies, and choice (C) fills in that gap.

I hope this helps!
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Re: With a record number of new companies starting up in Derderia and with  [#permalink]

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New post 29 Nov 2018, 17:01
C)This year, the new companies starting up will not provide substantially more jobs per company than did new companies last year.

substantially is a give away... if more jobs/company are not substantially increased .. remember the previously set up companies won't contribute much this year... and if the assumption that jobs/company will not increase substantially... then we have no other choice than hope for the number of companies opened be significantly high - "record number of companies" so that effective number of jobs increase.
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Re: With a record number of new companies starting up in Derderia and with  [#permalink]

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New post 04 Dec 2018, 04:45
Let me know if my approach to solve this question is correct
last year: Established company : 100 jobs
New company : 100
total record number if jobs created = 100+100=200
This year : Established company =50 jobs
New company of the previous year = Nothing about this is stated in the argument
Conclusion is that this year many new start ups must be formed to break last year's record of 200 jobs
SO the assumption is that the new companies of last year did not create greater number of jobs than they did last year
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With a record number of new companies starting up in Derderia and with  [#permalink]

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New post 29 Apr 2019, 16:04
tarek99 wrote:
With a record number of new companies starting up in Derderia and with previously established companies adding many jobs, a record number of new jobs were created last year in the Derderian economy. This year, previously established companies will not be adding as many new jobs overall as such companies added last year. Therefore, unless a record number of companies start up this year, Derderia will not break its record for new jobs created.

Which of the following is an assumption on which the argument relies?

(A) Each year, new companies starting up create more new jobs overall than do previously established companies.

(B) Companies established last year will not add a greater number of jobs overall this year than they did last year.

(C) This year, the new companies starting up will not provide substantially more jobs per company than did new companies last year.

(D) This year, the overall number of jobs created by previously established companies will be less than the overall number of jobs lost at those companies.

(E) The number of jobs created in the Derderian economy last year was substantially larger than the number of jobs lost last year.


The conclusion is "a record number of companies must start up this year , for Darderia to break its record of new jobs created".

Now lets look at the answer choices...

Option A :- Each year, new companies starting up create more new jobs overall than do previously established companies.

Then the conclusion can not follow from option A. If new companies create more new jobs then we can not say that " a record number of companies must start up this year".

The new companies are already creating more new jobs so we do not need record number of new companies.

Option B :- Companies established last year will not add a greater number of jobs overall this year than they did last year.

Lets negate this:- It becomes then , " Companies established last year will add a greater number of jobs overall this year than they did last year."

But the stimulas says "This year, previously established companies will not be adding as many new jobs overall as such companies added last year. "

Since Companies established last year are subsets of previously established companies , so the final statement is :-

""This year, previously established companies will not be adding as many new jobs overall as such companies added last year. "

Then the conclusion can follow from here. We can say that " a record number of companies must start up this year".

The conclusion can follow even after negating option B . So option B is not correct.

VeritasKarishma


Option C if negated :- This year, the new companies starting up will provide substantially more jobs per company than did new companies last year.

Then the conclusion can not follow. We can NOT say that " a record number of companies must start up this year".

So option C is the assumption.

Option D states "This year, the overall number of jobs created by previously established companies will be less than the overall number of jobs lost at those companies."

No info about new companies and new jobs. Also this statement presents no new info. We already know from the stimulus that "This year, previously established companies will not be adding as many new jobs overall as such companies added last year. " So no new info has been presented in option D .

Option E talks about previous year. So irrelevant.

So C is the answer.


VeritasKarishma Is my explanation correct ?

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With a record number of new companies starting up in Derderia and with   [#permalink] 29 Apr 2019, 16:04

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