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ASVAB Paragraph Comprehension 1.2 Summary. Which of the following best describes the purpose of this passage?

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ASVAB Paragraph Comprehension 3.5 Inference 269 Views


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Description:

ASVAB Paragraph Comprehension 3.5 Inference. At the height of tulip mania, people were willing to pay such high prices for tulip bulbs because...what?

Language:
English Language

Transcript

00:00

[ musical flourish ]

00:04

And here's your Smoop du jour, brought to you by fads,

00:07

because nothing stays cool forever.

00:10

All right, check out the following passage.

00:12

[ mumbles ]

00:25

At the height of tulip mania, people were willing to pay

00:28

such high prices for tulip bulbs because of, uh... what?

00:33

And here are the potential answers.

00:35

[ mumbles ]

00:39

All right, well, anyone who's owned an iAnything

00:42

knows the power of a fad.

00:44

In 1637, tulip mania was sweeping the nation.

00:48

Why? Well, let's look to the text.

00:50

Well, tulip bulbs might be delicious and nutritious...

00:53

or they might taste like brown, dirty flower pods.

00:56

Either way, it's irrelevant, because there's no mention in this passage

00:59

about eating tulips.

01:00

So option B is incorrect.

01:02

Similarly, there's no mention of option D.

01:05

It's possible that anyone could grow their own two lips,

01:09

even little Timmy, and he hates tulips...

01:12

but this point is also not addressed in the text.

01:14

So sorry, D. You're out.

01:16

Option C is a little trickier.

01:17

The law of supply and demand says that when supply is low,

01:20

prices go up if there's a lot of demand for things.

01:24

Well, for instance, just try to buy a video game console

01:26

the day it's released.

01:28

But the passage doesn't mention a shortage of

01:30

bulbs, so we can rule out C.

01:32

Instead, it talks about a different phenomenon -

01:34

An economic bubble in which a fad item's actual value

01:38

stops having any bearing on its price.

01:41

The text indicates that this is what happened with tulips.

01:44

They became such a fad, it didn't matter how many there were.

01:48

People would pay, uh, whatever.

01:50

Well, this is expressed in option A, the correct answer.

01:53

Our next fad to discuss?

01:55

Cold brew coffee.

01:56

Heh. Because trust us, it ain't here to stay.

02:01

[ whoa ]

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