GMAT Exam Dumps : Graduate Management Admission Test (2022)

mistakenly treats a class of things with certain properties as the only kind of things with those properties

states a generalization based on an inadequate piece of evidence

fails to recognize that a particular term can have more than one meaning

depends on a premise that the argument suggests is false

improperly assumes that because something has a particular property, the parts of that thing will also have the property

More consumers have become price-sensitive over the last ten years and this trend will continue for the foreseeable future.

Gray markets typically remain strong even in markets where authorized retailers have introduced service enhancements.

Price wars among authorized retailers, triggered by the appearance of gray markets when few, if any, consumers are price-insensitive, lead to a cycle of increasing price reductions that severely narrow profit margins.

Authorized retailers who are competing for the business of price-insensitive consumers often become involved in a cycle of expensive service enhancements that significantly narrow profit margins.

Manufacturers who fear that gray marketing will tarnish their brand names sometimes subsidize advertising for authorized retailers, thereby narrowing the manufacturers' profit margins.

Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

EACH statement ALONE is sufficient.

Statements (1) and (2) TOGETHER ate NOT sufficient.