OFFICIALEXPLANATION
The alfalfa industry requires comparatively large amounts of water. The past decade has seen both a steep rise in the price of water for agriculture and also a rise of 15% in overall profits in the alfalfa industry, even though the market price of alfalfa didn't fluctuate substantially.
Any of the following statements, if true, helps to explain the rise in profitsEXCEPT
A. The number of alfalfa growers has grown by25%.
[color=#ff0000] Incorrect.
This is a Paradox Question, but one that asks you to choose the answer choice which does not help to resolve the paradox of the existing premises (all the others answer choicesdo):
- Premise A: There was a steep rise in the price of water for agriculture (expenses)
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Premise B: There was an increase of 15% in profits in the alfalfa industry
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Premise C: The market price of alfalfa hasn't changed much (i.e., no greater revenues because of price)
Resolving Premise:?
If some expenses are higher but there are
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Statistics : Posted by Bunuel • on 10 May 2024, 01:43 • Replies 5 • Views 672
