GMAT Exam Dumps : Graduate Management Admission Test (2022)

As much as. experience influences human preferences and values, the loss of firsthand experience with nature is likely to contribute to a reduced valuation of biodiversity by humans in the future—a dismal prospect for the diversity of life.

Art expert: If a painting is from the Hudson River School of the mid-nineteenth century United States, it will display a romantic reverence for landscape, portraying pastoral

scenes in which humans and nature coexist peacefully. The painting that was recently discovered in the attic of the old town hall dates from the 1850s and portrays a

pastoral landscape in which two couples are having a peaceful picnic. So the painting must be from the Hudson River School.

The critic’s argument is flawed in that it

Sales promotions can involve selling a product at a relatively low price or selling the product with a free (or seemingly free) unit of the product, as in "buy one, get one free" campaigns. Research shows that immediately following month-long sales promotions, a postpromotion dip may occur, i.e., sales for the following calendar month may be less than sales for the calendar month preceding the sales promotion.

To increase sales, Storex, a department store, held month-long sales campaigns to promote four of its products. A sales promotion was considered successful if unit sales of the product were at least 10% higher in each of the 2 calendar months immediately following the promotion than In the month preceding it.

Experts have offered explanations for postpromotion dip:

• Explanation I: Many consumers stockpile the product at relatively low cost during the sales promotion.

• Explanation II: "Buy one, get one free" promotions cause some consumers to undervalue the product, making them less likely to buy it following the sales promotion.

• Explanation HI: Many consumers who missed a "buy one, get one free" opportunity may, as a result, develop so-called inaction inertia, i.e., become less likely to buy the product at either the regular or even at a discount price than if the sales promotion had not occurred.

Which one of the following is most strongly supported by the sales data, given the other Information provided?