02 15

Mba entrance exam sample questions and answers

mba entrance exam sample questions and answers

MBA ENTRANCE EXAM SAMPLE QUESTIONS ANSWERS

mba entrance exam sample questions and answers MBA ENTRANCE EXAM SAMPLE QUESTIONS ANSWERS

Put your reasoning skills to use in this sample critical reasoning question.

Directions
For this question, select the best of the answer choices given.

Question
The cost of producing radios in Country Q is ten percent less than the cost of producing radios in Country Y. Even after transportation fees and tariff charges are added, it is still cheaper for a company to import radios from Country Q to Country Y than to produce radios in Country Y.

The statements above, if true, best support which of the following assertions?

  • (A) Labor costs in Country Q are ten percent below those in Country Y.
  • (B) Importing radios from Country Q to Country Y will eliminate ten percent of the manufacturing jobs in Country Y.
  • (C) The tariff on a radio imported from Country Q to Country Y is less than ten percent of the cost of manufacturing the radio in Country Y.
  • (D) The fee for transporting a radio from Country Q to Country Y is more than ten percent of the cost of manufacturing the radio in Country Q.
  • (E) It takes ten percent less time to manufacture a radio in Country Q than it does in Country Y.

Answer: (C)

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