Admission Tests Related Exams
GMAT Exam
Which of the following, if true, would most undermine the reasoning offered for the claim that gray markets can in certain conditions lead to increased profits among authorized retailers?

A city's chamber of commerce has the following goal for small businesses: revenue should be at least 20% greater than costs. The Venn diagram indicates that x is the number of small businesses that both in Year 1 and in Year 2 met the goal. The diagram also indicates that 53 - x is the number of small businesses that met the goal in Year 1 but not in Year 2, and that 47 - x is the number of small businesses that met the goal in Year 2 but not in Year 1.

For the first time, prospectors have laid claim to rich deposits of gold, silver, and copper in the deep sea, foreshadowing a possible rush to the open oceans for metals and a possible fight with conservationists over exploitation of the sea's dark recesses.