In Nation X, the average price of a new automobile is 15,000 to 20,000 US dollars, and the average automobile loses approximately ten percent of its market resale value each year.Therefore, if a two-year-old automobile is resold for only 10,000 US dollars, its loss in market resale value has been greater than average for Nation X.
Which of the following indicates a flaw in the reasoning above?
A. Market resale value is only one measure of an automobile’s value.
B. Some two-year-old automobiles in Nation X have market resale values in excess of 20,000 US dollars.
C. It is possible for a new automobile in Nation X to cost 30,000 US dollars.
D. A loss in market resale value beyond what is ordinarily expected does not necessarily indicate poor design.
E. Not all new automobiles are sold for a price within the averagerange
[textarea] This is a CR ButlerQuestion
Which of the following indicates a flaw in the reasoning above?
A. Market resale value is only one measure of an automobile’s value.
B. Some two-year-old automobiles in Nation X have market resale values in excess of 20,000 US dollars.
C. It is possible for a new automobile in Nation X to cost 30,000 US dollars.
D. A loss in market resale value beyond what is ordinarily expected does not necessarily indicate poor design.
E. Not all new automobiles are sold for a price within the averagerange
[textarea] This is a CR ButlerQuestion
- Check the links to other ButlerProjects:
- [url=https://gmatclub.com/forum/project-ds-butler-get-2-ds-questions-every-day-280918.html]
...Statistics : Posted by Bunuel • on 17 May 2024, 01:30 • Replies 0 • Views 87
.jpg)
