People always seem to associate high prices of products with high quality. ███ █████ ██ ███ ███████████ ██ █████████ ██ ████████ ███ ████ ████ ███ █████ ██ ████ █████████ ████ ███ █████████████ █████
Why are high-quality teas not more expensive than low-quality teas, even though they differ in quality?
The right answer will be a hypothesis that explains a difference between high-quality teas and low-quality teas. This difference will account for why both types of tea are priced similarly, even though one might expect high-quality teas to cost more.
Which one of the following, ██ █████ ████ ████ ██ ███████ ███ ████████ ██████████████ █████████ ██████
Packaging and advertising ██████ ███ █████ ██ ███ █████
This would have a uniform effect on all teas, regardless of quality. The right answer will offer a difference between high- and low- quality teas.
Most people buy ███████████ ████ ████ ███████ ███ █████ ███
This explains the phenomenon by introducing an additional factor that affects price: demand. Since most people buy low-quality tea rather than high-quality tea, the increased demand drives the price of lower-quality tea up to the level of high-quality tea.
All types of ███ ███ ███████ ██ ████ ██████ ████████
This would have a uniform effect on all teas, regardless of quality. The right answer will offer a difference between high- and low- quality teas.
Low-quality teas are █████████ ██████ ██ ██████ ████ ████████████ █████
The relative accessibility of low-quality teas does not explain why they are priced similarly to high-quality teas. One might even expect that the easier availability of low-quality teas would make them cheaper than high-quality teas.
The price of ███ █████████ ████ ███ ████ ████ ██████ ██ ███████
(E) does not offer any information to distinguish between high- and low-quality teas. The price of tea being generally the same across regions does not offer insight into why high- and low-quality teas are the same price.
Answer five questions and we'll estimate your score.
It takes about five minutes.
Take the free diagnosticWant to know why the right answer is right?
7Sage membership unlocks explanations of every question. Every answer choice. On every official PrepTest. Start with a free account.
By signing up you agree to our
terms of service.
This site is protected by reCAPTCHA and the Google
Privacy Policy
and
Terms of Service
apply.