WeakenDiff: Hardest
Logic Breakdown
Passage Summary: People prefer cash over presents. We know this because when asked, people said they'd only pay about 66% of the store price for the gifts they were given.
Conclusion: People value cash or gift cards more than they value gifts that others have selected for them.
Reasoning: In a study, people estimated the value of gifts they received at only two-thirds of the actual retail price.
Analysis: The economist is making a huge assumption: that the 'value' of a gift is strictly equivalent to what someone would pay for it in a store. This ignores the possibility that a gift has sentimental or personal value that isn't captured by a price tag. To weaken this, look for an answer that suggests the 'willingness to pay' metric is a poor way to measure the total appreciation a recipient has for a gift. Perhaps people value the effort of the giver even if they wouldn't have bought that specific item for themselves.
Conclusion: People value cash or gift cards more than they value gifts that others have selected for them.
Reasoning: In a study, people estimated the value of gifts they received at only two-thirds of the actual retail price.
Analysis: The economist is making a huge assumption: that the 'value' of a gift is strictly equivalent to what someone would pay for it in a store. This ignores the possibility that a gift has sentimental or personal value that isn't captured by a price tag. To weaken this, look for an answer that suggests the 'willingness to pay' metric is a poor way to measure the total appreciation a recipient has for a gift. Perhaps people value the effort of the giver even if they wouldn't have bought that specific item for themselves.
Passage Stimulus
Passage Redacted
Unlock Full Passage22.Which one of the following, if true, most seriously weakens the economist's argument?
Correct Answer
D
D shows people won’t sell gifts chosen for them by others unless offered about 1.5 times the gift’s actual price. That high WTA indicates those gifts are valued more than their price and contradicts the study’s WTP‑based inference, undercutting the economist’s conclusion that cash/gift cards are more highly valued.
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