Subscription pricing
Support With decreased production this year in many rice-growing countries, prices of the grain on world markets have increased. ████████ █████ ████ ████████ ██ ███ ████ ████ ████ █ █████ ██████████ ██ █████ ██████████ ██ ████ █████████████ ████ ██████████ ███████ ███████████ ████ ██ ███ █████ ████████████ ██ ███ █████ ████████████ ████ ██ ██████ ████ █████ ██████ ███████ ████ ██████ ███████ ██ ██████████ ███ █████████████ ██████ ███ ██████ ██ ████ █████████ ██ █████ ████████
Summarize Argument: Phenomenon-Hypothesis
The phenomenon is that world rice production decreased and prices increased. Analysts hypothesize that the price increase is due to the fact that most of the world's rice is controlled by governments and distributed for local use, with only a small portion being sold commercially. Because so little rice is sold commercially, minor fluctuations in production can significantly impact market supply.
Notable Assumptions
The analysts assume that because only a small amount of rice is sold commercially, it must be that a decrease in market supply caused the price increase. In other words, the analysts assume that no other factor could have caused the price increase.
16.
Which one of the following, ██ █████ █████ ████ ████ ████ ████████ ███ █████████ ███████████ ██ ███ █████ █████████
a
Rice-importing countries reduce █████████ ██ ████ ████ ███ █████ █████████ █████████████
b
In times of █████████ ████ ███████████ ███████████ █████ ████ ██ ███ ████ ████ ███████ ███ ██████ █████ █████ ████████████ ██ █████
c
In times of █████████ ████ ███████████ ███████████ ██████ ████ ██ ███ ████ ██████████ ████████ ███ █████ ████████████ ██ █████████ ████ ████ █████ ████████
d
Governments that distribute ███ ████ ████ ███ █████ ███████████ ████████ ███ █████ ████████████ ██ ███ █████ ██ ██████████ ███████████
e
During reduced rice █████████ ██████████████ █████████ ██████ █████ █████ ██ ██████ ████████ ████ █████ ██ ██████████ ███ █████████ ████ ████████