GMAT Quant

Tricky Critical Reasoning: Find the Bad Proxy #GRE #GMAT #criticalreasoning #CR #logicbasedreading

In this case, note that the price of oil is a terrible thing to measure. The measurement needs to be something that Hotco and Clifton have control over, such as the amount of oil consumed.

Hotco oil burners, designed to be used in asphalt plants, are so efficient that Hotco will sell one to the Clifton Asphalt plant for no payment other than the cost savings between the total amount the asphalt plant actually paid for oil using its former burner during the last two years and the total amount it will pay for oil using the Hotco burner during the next two years. On installation, the plant will make an estimated payment, which will be adjusted after two years to equal the actual cost savings.

Which of the following, if it occurred, would constitute a disadvantage for Hotco of the plan described above?

A) Another manufacturer’s introduction to the market of a similarly efficient burner

B) The Clifton Asphalt plant’s need for more than one new burner

C) Very poor efficiency in the Clifton Asphalt plant’s old burner

D) A decrease in the demand for asphalt

E) A steady increase in the price of oil beginning soon after the new burner is installed

https://stan.store/yourgmatcoach/p/gmat-factoring-magic-8video-course-

https://stan.store/yourgmatcoach

Rowan

Recent Posts

95% Get This Wrong #GMAT #CR #criticalreasoning #GRE #logicbasedreading #verbal

Honestly I think the answer is fairly easy to see here. Students hardly ever get…

6 hours ago

Confusing Inequalities Question #GMAT #GRE #SAT #MBA #MiM #inequalities

If 4 is less than (7−x), which of the following must be true? I. 5…

1 day ago

Counting Problem with Repeats (Mississippi Rule) #GMAT #GRE #SAT #MiM #mba #combinatorics

There are 5 cars to be displayed in 5 parking spaces with all the cars…

3 days ago

Tricky Sets Question Hand Counted #GMAT #GRE #MBA #MiM #sets #counting #combinatorics

The subsets of the set {w, x, y} are {w}, {x}, {y}, {w, x}, {w,…

5 days ago

The Completing the Square GMAT Guide

[latexpage] Introduction  Well we were promised that when the Focus Edition came out, they were…

2 months ago

GMAT Number of Factors: How to Count the Possible Divisors of a Number

[latexpage] GMAT Number of Factors: How to Count the Possible Divisors of a Number One…

4 months ago