nikitathegreat wrote:
The author concludes that credit cards limit consumers' thoughts about price. Why? Because you pay later with credit cards. And if you think less about spending money, then you’re not going to experience as much pain.
The author supports this conclusion by citing the study's results in which, for the same item, credit card buyers bid twice as much as cash buyers. The author claims that card users spend more because they think less about the money they're spending.
But what if the credit card people simply really, really want to go to the concert? In that case, they're paying more for an entirely different reason -- not because they aren't thinking about the price.
So, to reach the author's conclusion, we must assume that the credit card buyers were NOT significantly more interested in going to the concert. That's why (C) is the correct answer.
I hope that helps!
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Statistics : Posted by GMATNinja • on 02 Aug 2023, 12:00 • Replies 6 • Views 5593
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