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GMAT Critical Reasoning (CR) | Re: Consumers in California seeking personal loans have fewer

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My ans. A , below is the explanation:

What to weaken : Shortage of competition among banks explains why interest rates on personal loans in California are higher than in any other region of the United States.

Lets check whcih option fails to weak this conclusion

(A) Because of the comparatively high wages they must pay to attract qualified workers, California banks charge depositors more than banks elsewhere do for many of me services they offer
seems reasonable why banks in california charge more
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