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Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a film's official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracy's negative effect on film industry profits.

The argument above relies on which of the following assumptions?
  • a)
    Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films' theatrical release.
  • b)
    Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.
  • c)
    The film industry will in the future be able to produce DVDs more cheaply than is currently the case.
  • d)
    Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.
  • e)
    Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Ramirez: The film industry claims that pirated DVDs, which are usually...
B. Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.
This assumption suggests that there is a potential market for legitimate DVDs among those who currently purchase pirated DVDs. If legitimate DVDs were more affordable and released earlier, these consumers would be willing to choose the legitimate option instead. This assumption forms the basis for the argument's claim that lowering prices and releasing DVDs sooner would mitigate the negative impact of piracy on film industry profits.
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Ramirez: The film industry claims that pirated DVDs, which are usually...
Assumption Explanation:

Key Assumption: Some people who purchase pirated DVDs would switch to buying legitimate DVDs if the prices were lower and the release dates were earlier.

Explanation:
- The argument is based on the premise that pirated DVDs are popular because they are cheaper and available earlier than legitimate DVDs.
- The assumption here is that if the film industry were to lower prices and release DVDs sooner, some consumers who currently purchase pirated DVDs would choose to buy legitimate DVDs instead.
- This assumption is crucial because if consumers do not switch from pirated DVDs to legitimate DVDs despite the changes, then the industry's efforts to combat piracy would not be effective in increasing its profits.
- By assuming that there is a segment of the market willing to shift their purchasing behavior if the conditions are more favorable, the argument supports the idea that addressing the pricing and release date issues would help mitigate the negative impact of piracy on the film industry's profits.
Therefore, option 'B' is the correct answer as it captures the essential assumption that underpins the argument made in the statement.
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Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a films official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer?
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Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a films official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. 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 Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a films official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a films official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer?.
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Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. 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Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a films official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. 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Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Ramirez: The film industry claims that pirated DVDs, which are usually cheaper than legitimate DVDs and become available well before a films official DVD release date, adversely affect its bottom line. But the industry should note what the spread of piracy indicates: consumers want lower prices and faster DVD releases. Lowering prices of DVDs and releasing them sooner would mitigate piracys negative effect on film industry profits.The argument above relies on which of the following assumptions?a)Releasing legitimate DVDs earlier would not cause any reduction in the revenue the film industry receives from the films theatrical release.b)Some people who would otherwise purchase pirated DVDs would be willing to purchase legitimate DVDs if they were less expensive and released earlier than they are now.c)The film industry will in the future be able to produce DVDs more cheaply than is currently the case.d)Some current sellers of pirated DVDs would likely discontinue their businesses if legitimate DVDs were released faster and priced lower.e)Current purchasers of pirated DVDs are aware that those DVDs are not authorized by the film industry.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.
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