- Fri Jan 11, 2019 7:25 pm
Hi Lathlee and LSAT2018!
First, for Lathlee, this question would be considered a Method of Reasoning question. That particular type can be extremely variant by the stem, and in this particular case the answer choice language is also helpful to decipher what we are being asked to do. Here, the answer helps explain a part of what the argument is doing, so we are helping to explain the method of reasoning used by the author. I find a key word to remember in these questions is the word HOW, as in how does the author do what they've done? I hope that helps!
For LSAT2018, I do feel that this argument includes a subsidiary conclusion, but I don't think it's that particular claim. Statements preceded by 'given that' can be read as premises, as we are given that information to trust without any supporting statements to back it up. The first half of the second sentence is bracketed between an 'in fact' and a 'since' after a dividing comma, which help me reason that the statement about selling too low being in serious error is supported by other claims, so it serves as a conclusion by definition. That idea helps to support the argument's main conclusion at the bottom advising that it's best to err on the high side for pricing.
I hope that was helpful to you both!