PrepTest 54, Section 2, Question 13
Consumers seek to purchase the highest quality at the lowest prices. Companies that do not offer products that attract consumers eventually go bankrupt. Therefore, companies that offer neither the best quality nor the lowest price will eventually go bankrupt.
Consumers seek to purchase the highest quality at the lowest prices. Companies that do not offer products that attract consumers eventually go bankrupt. Therefore, companies that offer neither the best quality nor the lowest price will eventually go bankrupt.
Consumers seek to purchase the highest quality at the lowest prices. Companies that do not offer products that attract consumers eventually go bankrupt. Therefore, companies that offer neither the best quality nor the lowest price will eventually go bankrupt.
Consumers seek to purchase the highest quality at the lowest prices. Companies that do not offer products that attract consumers eventually go bankrupt. Therefore, companies that offer neither the best quality nor the lowest price will eventually go bankrupt.
The conclusion above follows logically if which one of the following is assumed?
No company succeeds in producing a product that is both highest in quality and lowest in price.
Products that are neither highest in quality nor lowest in price do not attract consumers.
Any company that offers either the highest quality or the lowest price will avoid bankruptcy.
Some consumers will not continue to patronize a company purely out of brand loyalty.
No company is driven from the market for reasons other than failing to meet consumer demands.
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