Company: wells fargo
Difficulty: medium
PASSAGE The graph given below shows the number of undergraduate applicants to Ralph University and the amount spent by the university each year to process the applications. The graph shows: Undergraduate applicants (in 000s): 2009 = 35, 2010 = 15, 2011 = 20, 2012 = 40, 2013 = 35 Processing expenses (in 000s $): 2009 = 4, 2010 = 8, 2011 = 5, 2012 = 3, 2013 = 9 For the past five years, on average, paper costs contributed 30%, while staff salaries and marketing contributed 45% and 25%, respectively, to the application processing outlays. Assume that in all these years, the revenue per applicant has remained unchanged. Refer to the given information. Select 'Yes' if the statement is definitely true otherwise select 'No'. Statement: Given the trend over the past five years, one can observe that when the total number of applicants increases, the cost of processing the applications decreases, and vice versa. Options: Yes No