📊 GMAT Exam Prep

A local theater group plans to increase its ticket prices by 15% next season, anticipating a significant boost in revenue. The group justifies this by pointing to a recent survey indicating that over 80% of current subscribers rate their satisfaction with performances as "excellent" or "very good."

A Most current subscribers are senior citizens on fixed incomes.
B The theater's main competitor plans to keep its ticket prices unchanged.
C The survey was conducted immediately after a particularly well-received production.
D Overall attendance for theater performances in the city has been steadily declining.

✓ Correct Answer: Option A

If most subscribers are on fixed incomes, a 15% price increase might make tickets unaffordable, leading to a significant drop in subscriptions despite high satisfaction, thus weakening the anticipated revenue boost.

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