THE CORRECT ANSWER IS E. THE CONCLUSION OF THE ARGUMENT IS THAT TH...
22. The correct answer is E.
The conclusion of the argument is that the price of chocolate will
increase within six months. The basis for that claim is that the price
of cocoa has increased and is likely to stay high. This argument
assumes that the current price of chocolate reflects the current price
of cocoa. But if manufacturers use cocoa that was purchased before
the price increase, the effects of the price increase will not be
immediately felt. Only choice E addresses this.