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1. Company X receives most of its revenues from the sale of gasoline through a network of gas stations that it owns across the country. The company purchases ready-for-sale gasoline from several oil refineries at wholesale prices and sells it to the final consumer at its gas stations. Over the next quarter, the management of Company X expects that the market price of gasoline will rise by approximately 10 percent. Therefore, the management projects that the next quarter’s revenues from the sale of gasoline will also increase by approximately 10 percent. The management’s projection is based on which of the following assumptions? A Consumption of gasoline at the company’s gas stations will not drop in response to higher prices. B Company profits will not decline below their current level. C Higher gasoline prices will not reduce the company’s revenues from other business lines. D The costs of gasoline purchased by the company for subsequent sale at its gas stations will remain relatively constant. E The supply of gasoline is likely to decline over the next quarter.
2.An oil field prospector and developer reported a large oil deposit in southwestern Texas. As a result, a large oil and gas company purchased the field with the intention of drilling oil wells in the area soon afterwards. However, the company found that what had been reported to be a large oil deposit was actually much smaller than had been indicated. Thus, the methods that the prospector had used to determine the size of the oil deposit must have been inaccurate. Which of the following is an assumption on which the argument depends? A The company’s methods of measuring the size of the oil deposit were determined by a third party to be more accurate than those used by the prospector. B The prospector did not purposefully fabricate or misrepresent the size of the oil deposit. C Though smaller than originally thought, the oil deposit contained enough oil to make drilling commercially feasible. D The prospector did not explore other oil fields and use the same methods to determine the magnitude of the oil present, if any. E The company had successfully drilled for oil in other large oil fields in Texas throughout the early twentieth century.
参考答案: AB
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