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A startup claims it can enter the EV market without any investors or government support. What is the main problem with this claim?

medium📝 Analysis Q14 of 15
EV Technology - EV Industry and Policy
A startup claims it can enter the EV market without any investors or government support. What is the main problem with this claim?
AStartups need government policies to manufacture vehicles
BWithout investors or support, funding and resources are limited
CCustomers do not buy electric vehicles without government approval
DElectric vehicles cannot be made without government factories
Step-by-Step Solution
Solution:
  1. Step 1: Understand startup needs

    Startups usually require funding and resources, often provided by investors and government support.
  2. Step 2: Identify the problem in the claim

    Claiming to enter the market without these means limited resources, matching Without investors or support, funding and resources are limited.
  3. Final Answer:

    Without investors or support, funding and resources are limited -> Option B
  4. Quick Check:

    Startups need funding/support to grow [OK]
Quick Trick: Startups need money and support to succeed [OK]
Common Mistakes:
  • Thinking government builds all EV factories
  • Believing customers need government approval to buy
  • Assuming policies alone make vehicles

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