Companies in the country of Jilsan sell transistor radios in the country of Kabana at a price that is below what it costs Kabanian companies to produce them. To help those Kabanian companies, the Kabanian legislature plans to set a minimum selling price for transistor radios imported into Kabana from Jilsan that is twelve percent greater than the average production costs for companies in Kabana.
Q:Which of the following, if true, most seriously threatens the success of the plan?
The average height of a class of 14 boys is 5.3 feet. A new boy is admitted to the class. The new average of height now becomes 5.25. What is the height of the new boy?
My neighbor's dogs bark and howl every time their owner lets them outside. My CPA told me that dogs tend to bark and howl when they see birds resting in the top branches of their favorite trees. I personally believe they bark and howl because they enjoy disrupting my meditations.
Q:Which of the following conclusions can be properly drawn from the preceding passage?
Health club membership has increased dramatically over the last five years. In order to take advantage of this increase, Fitness Express plans to open more of the same types of classes available during the week, while continuing its already very extensive advertising in newspapers and on the radio.
Q: Which of the following if true, provides most support for the view that Fitness Express cannot increase membership on its gyms by adopting the plan outlined above?
The CEO of a large multinational firm wants to maxim:, revenues and increase sales. The production director,however, believes that increased production would only drive down the product would only drive down the product price and lower revenues.
Q: Which of the following represents the logical flaw in director's reasoning?
