Identify Assumptions
GRE · Flashcards · Application
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QUESTION
Identify the assumption: "This supplement improved memory in a study; it will improve my memory."
QUESTION
Identify the assumption: "Policy X reduced accidents; therefore X should be adopted everywhere."
QUESTION
Identify the assumption: "Company A has lower prices than B; therefore A offers better value."
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ANSWER
Quality and other costs are comparable between A and B. Value comparisons assume equivalence in non-price factors to isolate the pricing advantage.
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