GMAT Exam Dumps : Graduate Management Admission Test (2022)

Sales promotions can involve selling a product at a relatively low price or selling the product with a free (or seemingly free) unit of the product, as in "buy one, get one free" campaigns. Research shows that immediately following month-long sales promotions, a postpromotion dip may occur, i.e., sales for the following calendar month may be less than sales for the calendar month preceding the sales promotion.

To increase sales, Storex, a department store, held month-long sales campaigns to promote four of its products. A sales promotion was considered successful if unit sales of the product were at least 10% higher in each of the 2 calendar months immediately following the promotion than In the month preceding it.

Experts have offered explanations for postpromotion dip:

• Explanation I: Many consumers stockpile the product at relatively low cost during the sales promotion.

• Explanation II: "Buy one, get one free" promotions cause some consumers to undervalue the product, making them less likely to buy it following the sales promotion.

• Explanation HI: Many consumers who missed a "buy one, get one free" opportunity may, as a result, develop so-called inaction inertia, i.e., become less likely to buy the product at either the regular or even at a discount price than if the sales promotion had not occurred.

Which one of the following is most strongly supported by the sales data, given the other Information provided?

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?

Archaeologists have excavated two ancient sites, Site A and Site B, each containing bowls and dishes. A third site containing similar vessels (bowls and dishes), Site C, Is known to have existed but has not yet been located. The vessels have been dated to three successive 40-vear-long time periods (Mil).

The dishes that were found are small and plain and were made primarily for everyday use. For each site, the average population at the site for a period is known to be roughly proportional to the number of dishes found that were dated to that period.

The bowls are more elaborate, decorated In either a curvy or a rectilinear style. They were made primarily for ritual use. The numbers of bowls found indicate the level of wealth of the site's inhabitants during the period to which the bowls were dated (with greater numbers indicating greater wealth).

Documents found at Sites A and B establish that exactly 18 of the dishes found at Site A were manufactured at Site C; otherwise, all of the vessels were made at the sites where they were found.

For each of the following statements, select Yes if the Information provided supports the statement. Otherwise, select No.