LSAT 115 – Section 4 – Question 10

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Target time: 1:31

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PT115 S4 Q10
+LR
Must be true +MBT
Math +Math
A
1%
151
B
81%
163
C
6%
152
D
10%
157
E
2%
151
139
148
157
+Medium 146.173 +SubsectionMedium


J.Y.’s explanation

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The wholesale price of one bottle of Veritas Vineyards wine, always a profitable brand, is the same today as it was in 1991. The winegrower’s profit is equal to the wholesale price minus the costs of producing the bottled wine, which include the cost to the winegrower of the glass bottles themselves and of the corks. Between 1991 and the present, all of the costs to the winegrower of producing a bottle of Veritas Vineyards wine have remained constant, except that of the corks, which cost nearly twice as much today as they did in 1991.

Summary
The wholesale price of one bottle of Veritas Vineyards win is the same today as it was in 1991. The winegrower’s profit is equal to the wholesale price minus the cost of the glass bottles and the corks. Between 1991 and today, all of the costs to produce a bottle of Veritas Vineyards win have remained constant, except that of the corks. Corks cost twice as much today as they cost in 1991.

Notable Valid Inferences
Each bottle of Veritas Vineyards wine sold today generates less profit than each bottle sold in 1991.

A
The number of bottles of Veritas Vineyards wine sold has remained unchanged between 1991 and the present.
Could be false. We have no information in the stimulus about the number of bottles being sold. We only have information about the price of each bottle and what costs affect the winegrower’s profits.
B
Each bottle of Veritas Vineyards wine that is sold today brings the winegrower less profit than did each bottle sold in 1991.
Must be true. We can combine the facts that profit is a function of the wholesale price minus the cost of bottles and corks, corks today are twice as expensive, and the wholesale price is the same today as it was in 1991.
C
The cost to the cork maker of producing the corks used in bottles of Veritas Vineyards wine has increased since 1991.
Could be false. We have no information in the stimulus about the costs imposed on cork makers. We only have information about the price of each bottle and what costs affect the winegrower’s profits.
D
The aggregate profit generated by the winegrower’s sales of Veritas Vineyards wine this year is smaller than the aggregate profit generated in 1991.
Could be false. The stimulus is limited to a winegrower’s profit per bottle of wine sold. Aggregate profit is the profit generated accounting for all bottles sold. We have no information in the stimulus about the number of bottles sold to infer this statement.
E
The cost of each cork used in bottling Veritas Vineyards wine is currently greater than the cost of each glass bottle itself.
Could be false. We have no information about the cost of corks compared with the cost of bottles. We cannot assume that just because corks have doubled in price that means corks are twice as expensive as bottles. We only know corks today are twice as expensive as corks in 1991.

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