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GMAT Exam Dumps : Graduate Management Admission Test (2022)

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Graduate Management Admission Test (2022) Questions and Answers

Question 1

Of the 45 households in a certain neighborhood, 28 subscribe to Newspaper Q, 17 subscribe to Newspaper R, 12 subscribe to Newspaper S, 7 subscribe to both Q and R, 8 subscribe to both Q and 5, and 9 subscribe to both R and 5. The number of households who subscribe to all three newspapers is equal to the number of households who subscribe to none of the three newspapers. If 39 of the households subscribe to at least one of the three newspapers, how many households subscribe to only one of the newspapers?

Options:

A.

15

B.

21

C.

27

D.

33

E.

36

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Question 2

Which of the following, if true, would most undermine the reasoning offered for the claim that gray markets can in certain conditions lead to increased profits among authorized retailers?

Options:

A.

More consumers have become price-sensitive over the last ten years and this trend will continue for the foreseeable future.

B.

Gray markets typically remain strong even in markets where authorized retailers have introduced service enhancements.

C.

Price wars among authorized retailers, triggered by the appearance of gray markets when few, if any, consumers are price-insensitive, lead to a cycle of increasing price reductions that severely narrow profit margins.

D.

Authorized retailers who are competing for the business of price-insensitive consumers often become involved in a cycle of expensive service enhancements that significantly narrow profit margins.

E.

Manufacturers who fear that gray marketing will tarnish their brand names sometimes subsidize advertising for authorized retailers, thereby narrowing the manufacturers' profit margins.

Question 3

Options:

A.

Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

B.

Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

C.

BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

D.

EACH statement ALONE is sufficient.

E.

Statements (1) and (2) TOGETHER are NOT sufficient.