TPA: choose statement that's necessarily true and one that's possibly true.
ANecessary: revenue ≥ cost. Possible: profit ≥ 0.
BBoth necessary.
CBoth possible.
DNeither.
Answer & Solution
Correct answer: A. Necessary: revenue ≥ cost. Possible: profit ≥ 0.
1. Revenue ≥ cost ensures non-negative profit (necessary). Profit ≥ 0 may follow (possible).
_Source: 501-GMAT-Questions Sec 3 Integrated Reasoning_
Related questions
TPA: cost given as a + bx; rate = b. If a = 100 and b = 5, x = 20 yields cost:Two-Part: maximise revenue at given cost. Pick price level and unit count.Two-Part: choose one cause and one effect for revenue drop.In a Two-Part Analysis, you must select one row each for 'fastest reduces production cost'