Question Description
Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer?.

Solutions for Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.

Here you can find the meaning of Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer?, a detailed solution for Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? has been provided alongside types of Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Statement of an Indian copper mining company: Import quotas should be imposed on the less expensive copper mined outside the country to maintain the price of copper in this country; otherwise, our companies will not be able to stay in business.Response of an Indian copper wire manufacturer: Indian wire and cable manufacturers purchase about 65% of the copper mined in India. If the copper prices we pay are not at the international level, our sales will drop, and then the demand for Indian copper will go down.If the factual information presented by both companies is accurate, the best assessment of the logical relationship between the two arguments is that the wire manufacturer’s argument…a)Is circular, presupposing what it seeks to prove about the proposal of the mining companyb)Establishes that even the mining company’s business will prosper if the mining company’s proposal is rejectedc)Fails to give a reason why the proposal of the mining company should not be put into effect to alleviate the concern of the mining company for staying in businessd)Is self-serving and irrelevant to the proposal of the mining companye)Shows that the proposal of the mining company would have a negative effect on the mining company’s own business.Correct answer is option 'E'. Can you explain this answer? tests, examples and also practice CAT tests.