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ASVAB Paragraph Comprehension 2.2 Summary. The main idea of this passage is that an ISBN...what?
ASVAB Paragraph Comprehension 1.3 Summary. What is the main purpose of this passage?
ASVAB Paragraph Comprehension 3.4 Inference. This type of change in the moth population would be an example of...what?
ASVAB Paragraph Comprehension 3.5 Inference 269 Views
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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?
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 ]
Full Transcript
- 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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