GMAT Critical Reasoning (CR) | Re: The subway system in New City has recently been running a

The subway system in New City has recently been running a severe budget deficit. Analysts have concluded that, to avoid a crisis, subway revenues must increase by 50% from the current level, beginning with the coming quarter. Subway riders are currently charged a flat fare per ride; the chairperson of New City's transit authority has concluded that a 50% increase in this fare, effective at the beginning of the coming quarter, will be sufficient to avert any crisis.

Each of the following, if true,