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Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.
The main point of the argument is
  • a)
    the two products have many characteristics in common
  • b)
    ErgoTech must have copied the design of its new product from OCF’s design
  • c)
    the similarities between the two products are not coincidental
  • d)
    product designers sometimes reach the same solution to a given problem without consulting each other
  • e)
    new products that at first appear to be unique are sometimes simply variations of other products
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Last month OCF Inc, announced what it described as a unique new produc...
(A) The two products have many characteristics in common: This option highlights the fact that the products share numerous similarities in terms of their appearance, functionality, and features. It acknowledges the commonalities between the OCF Inc. and Ergotech workstations.
(B) ErgoTech must have copied the design of its new product from OCF’s design: This option suggests that ErgoTech deliberately copied the design of OCF Inc.'s product when developing their own workstation. It implies that ErgoTech may have engaged in plagiarism or intellectual property infringement.
(C) The similarities between the two products are not coincidental: This option asserts that the similarities between the two workstations are not merely a matter of chance. It implies that there may have been some level of collaboration, information sharing, or copying involved in the development of ErgoTech's product.
(D) Product designers sometimes reach the same solution to a given problem without consulting each other: This option suggests that product designers can independently arrive at the same solution when faced with a specific problem or design challenge. It implies that the similarities between the two workstations are coincidental and can be attributed to designers coming up with similar ideas independently.
(E) New products that at first appear to be unique are sometimes simply variations of other products: This option posits that seemingly unique and innovative products are often derived from or inspired by existing products. It suggests that the OCF Inc. and ErgoTech workstations may be variations or iterations of a similar underlying concept or design.
Based on the information provided in the argument, option (C) is the most accurate and reasonable interpretation. The argument emphasizes that the similarities between the two products go beyond mere coincidence, indicating a potential non-coincidental relationship between the designs.
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merican economists continually attempt to gauge the health of the economy, both for the gain of the private sector as well as for the global standing of the United States. Different elements of the economy react differently to changes in prosperity. Some elements rise and fall as the economy waxes and wanes. These are known as coincident indicators. Other elements are known as leading indicators and usually show a downturn before the economy does. A third group of elements are known as lagging indicators and lose vigor only after the economy has already begun to slow. Economists can predict the direction of the economy by monitoring these indicators.Coincident indicators, such as manufacturing and employment rates, are the best gauge of the current state of the economy. A continued shift in these indicators allows economists to determine whether the economy itself is in the process of an upturn or a downturn. These indicators coincide with shifts in the economy because they are dependent on sustained prosperity. But since coincident indicators reflect only the current state of the economy, they are not especially useful in predicting how the economy will perform in the near future. Economists must look to other indicators for that.The indicators with the greatest predictive power are leading indicators, such as mortgage applications and profit margins. When these indicators rise or fall, economists can often foretell similar changes in the country’s economic health. These indicators do not cause changes in the economy. Rather, they often signal changes in economic behavior that lead to shifts in the economic cycle. By contrast, the third type of indicator – lagging indicators – is useless as a harbinger of change. But these indicators can be helpful in confirming the assessments of economists.Determining which elements of the economy fall into which category of indicator requires analysis of copious data and an understanding of the factors that propel the economy. One must determine which events surrounding a turn in the business cycle actually contributed to the change. Establishing a solid framework for understanding the behavior of these indicators helps economists to avoid miscalculations and to guide the country through periods of slow or negative economic growth.Q.According to the passage, the main purpose of economic indicators is which of the following?

merican economists continually attempt to gauge the health of the economy, both for the gain of the private sector as well as for the global standing of the United States. Different elements of the economy react differently to changes in prosperity. Some elements rise and fall as the economy waxes and wanes. These are known as coincident indicators. Other elements are known as leading indicators and usually show a downturn before the economy does. A third group of elements are known as lagging indicators and lose vigor only after the economy has already begun to slow. Economists can predict the direction of the economy by monitoring these indicators.Coincident indicators, such as manufacturing and employment rates, are the best gauge of the current state of the economy. A continued shift in these indicators allows economists to determine whether the economy itself is in the process of an upturn or a downturn. These indicators coincide with shifts in the economy because they are dependent on sustained prosperity. But since coincident indicators reflect only the current state of the economy, they are not especially useful in predicting how the economy will perform in the near future. Economists must look to other indicators for that.The indicators with the greatest predictive power are leading indicators, such as mortgage applications and profit margins. When these indicators rise or fall, economists can often foretell similar changes in the country’s economic health. These indicators do not cause changes in the economy. Rather, they often signal changes in economic behavior that lead to shifts in the economic cycle. By contrast, the third type of indicator – lagging indicators – is useless as a harbinger of change. But these indicators can be helpful in confirming the assessments of economists.Determining which elements of the economy fall into which category of indicator requires analysis of copious data and an understanding of the factors that propel the economy. One must determine which events surrounding a turn in the business cycle actually contributed to the change. Establishing a solid framework for understanding the behavior of these indicators helps economists to avoid miscalculations and to guide the country through periods of slow or negative economic growth.Q.The passage suggests that lagging indicators would be least helpful in determining which of the following?

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Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer?
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Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer?.
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Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. 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Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Last month OCF Inc, announced what it described as a unique new product: an adjustable computer workstation. Three days later Ergotech unveiled an almost identical product. The two companies claim that the similarities are coincidental and occurred because the designers independently reached the same solution to the same problem. The similarities are too fundamental to be mere coincidence, however. The two products not only look alike, but they also work alike. Both are oddly shaped with identically placed control panels with the same types of controls. Both allow the same types of adjustments and the same types of optional enhancements.The main point of the argument isa)the two products have many characteristics in commonb)ErgoTech must have copied the design of its new product from OCF’s designc)the similarities between the two products are not coincidentald)product designers sometimes reach the same solution to a given problem without consulting each othere)new products that at first appear to be unique are sometimes simply variations of other productsCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice GMAT tests.
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