CGT E 2006-57

Author : Admin

Topic updated on 08/22/2017 12:30pm

manufacturing plastic containers, company X now has a monopoly in this particular branch of industry and therefore will probably raise the price of its plastic containers. Which one of the following statements if true, would most seriously weaken the claim made above

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Answers

An increase in price of plastic containers would not necessarily increase the retail price of the items in those containers.
Manufacturers of plastic containers face increasingly tough competition from manufactures of
cardboard containers.
There has been a recent increase in demand for plastics containers.
The cost of chemicals is a major determinant of the cost of plastics containers.
Before company X bought company Y, company X has set the prices of its plastic containers below the prices set by company Y.

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CGT E 2006-57

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