Free Practice Question
CR · Critical Reasoning
sub-505
Resolve a Paradox
In 1994, TipTop Airlines reported an increase in the total number of passengers it carried from the year before, but a decrease in total revenues — even though prices for its tickets on all routes remained unchanged during the two-year period.
Which of the following, if true, best reconciles the apparent paradox described above?
Which of the following, if true, best reconciles the apparent paradox described above?
Answer Choices
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TipTop Airlines was a victim of a mild recession in 1994.
B
Total passenger miles were up in 1994.
C
Fuel costs remained constant during the two-year period.
D
Passengers traveled shorter (and thus less expensive) distances in 1994.
E
TipTop did not buy any new airplanes or equipment in 1994.
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Difficulty
sub-505
Type
CR