Tough. Choice (E) is correct.
You can tell by using the
contrapositive on both of these statements:
If not (prices fall as rapidly as/more rapidly than
competitors),
then not (production costs fall as rapidly or more ...
I cannot make heads are tails of this argument/figure out what it is talking about. I had no idea what any of the answer choices were doing since I couldn't understand the argument. Can someone break it down for me? This is my best paraphrase (which isn ...
I had a hard time distinguishing the actual flawed reasoning here. I initially chose A because the logic matched perfectly, but changed my answer to E because E was more obviously flawed. My question is: when in doubt like this, is it best to just match ...
How can we be sure (for answer D) that a farm consists of a single CMC? Because if there is more than 1 CMC, Whatley's recommendation would not necessarily be violated.