GRE Question of the Day (April 27th)

Verbal

In the year 2000, olive oils made up just 40% of the liquid oils market, with standard oils taking 52% and speciality oils accounting for the remainder. But now, fueled by health concerns and a general move towards premium products, the tables have turned. Today, the olive oil sector is worth some $104 million and alone accounts for an estimated 51% of the total market.

Which of the following conclusions can most properly be drawn from the information above?

(A) In 2000, the total worth of the olive oil sector was less than $104 million.
(B) The total sales of the standard oils at present time are lower than their sales in 2000.
(C) Olive oil is healthier than all other liquid oils available in the market.
(D) The market share of the standard oils category today must have declined from what it was in 2000.
(E) The total worth of the specialty oil category today is higher than what it was in 2000.

Correct Answer - D  - (click and drag your mouse to see the answer)

Question Discussion & Explanation