tailieunhanh - Wiley publishing inc GMT for dummies Episode 1 part 4

Tham khảo tài liệu 'wiley publishing inc gmt for dummies episode 1 part 4', ngoại ngữ, ngữ pháp tiếng anh phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | 58 Part II Vanquishing the Verbal Section__ That this is an inference question is pretty obvious. Be careful not to make an inference that goes beyond the scope of what s stated in the passage. Eliminate incorrect answer choices. Because this is an inference question it may be hard to recognize answer choices that use outside knowledge. The point of inferring is after all to extend the reasoning beyond what s actually written. But one of the choices strays too far from the information in the passage. Choice D mentions changes in the number of vehicles in the region but the passage says nothing about people getting rid of their cars or not driving through . in reaction to the increase in the price of gas. Eliminate D. Choice B is inconsistent with the passage as a whole so you can also cross it off your notepad. The passage is about price increases in Washington . and specifically not about price increases in Maryland and Virginia. This leaves you with three possible answers each of which could fit with the term elasticity in this passage. You need to go back and reread the sentence that s referenced in the question. You should also reread the surrounding sentences in order to understand the sentence s context This was not a general increase in gasoline prices but a rise only within the . city limits. Gasoline sold in the District of Columbia is a narrowly defined product that has good substitutes gasoline sold in nearby Virginia and Maryland. Higher gasoline prices in the District of Columbia when the prices charged in Virginia and Maryland are unchanged indicate high elasticity in the market. The sentence clearly doesn t apply to the amount of tax collected at 6 percent so you can cross out C. The sentence does mention changes in price in . Yet if you read the entire second paragraph carefully especially the last two sentences you ll see that the author discusses lower demand in . because of good substitutes