Categorical arguments for validity

Assignment Help Business Economics
Reference no: EM13800437

Using a three-circle Venn Diagram, check the following categorical arguments for validity.

1. Some advertisers try to create a new ideal state for consumers. Some advertisers try to create dissatisfaction with the consumer’s current state. So, some who try to create a new ideal state also try to create dissatisfaction with the current state?

2. No sophisticated diners leave their napkins on the table after they sit. Everyone who plans to stand to shake hands with late-comers leaves her napkin on the table after she sits. It follows that no one who plans to stand and shake hands with late-comers is a sophisticated diner.

3. Some businesses with fewer than twenty-five employees will not receive a federal tax credit. This is true because, some business with fewer than twenty-five employees will not offer health insurance to their employees, and all companies who offer health insurance to their employees will receive a federal tax credit. 

4. Some economies are agrarian. No developed economies are agrarian economies. So, some economies are not developed.

5. All wars are fought for economic reasons. Some wars are fought for religious reasons. Therefore, some wars are both religious and economic.

Reference no: EM13800437

Questions Cloud

Market price method of allocating scarse airline seats : On March 31, 2008, Hawaii lost 15 percent of its air service as aloha airlines and the cheap-flight airline ATA suddenly shut down. Stranded travellers were offered flights to west coast cities $1000 one way. Under what conditions the $1000 fare woul..
Example of a managerial decision with risk-averse consumers : Which of the following is NOT an example of a managerial decision with risk-averse consumers? The expected revenues in auctions with risk-averse bidders with independent private values will be: A consumer spends more time searching for a good when he..
Describe in words how to interpret the coefficient : Annual Work Hours = ? + ?*(Average Hourly Wage) + ? You gather data on US workers aged 22 to 55 from the Current Population Survey. You define the Average Hourly Wage as self-reported total annual labor income divided by self-reported total annual wo..
First run theatrical presentations : Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? (HINT: Distribution has nothing to do with how old a movie patron is.) What are the different price points? Using this ..
Categorical arguments for validity : Using a three-circle Venn Diagram, check the following categorical arguments for validity. Some advertisers try to create a new ideal state for consumers. Some advertisers try to create dissatisfaction with the consumer’s current state. So, some who ..
Most deadweight loss-least deadweight loss : Please rank the follow curves as to how they would contribute to deadweight loss if a good that had this elasticity was taxed. Assume the supply curve has elasticity equal to 1. Most deadweight loss. Least deadweight loss
Market and forecast reasonable future change in determinant : Select a market for a product or service, then identify at least one critical determinant of demand or supply in that selected market and forecast a reasonable future change in the determinant. Explain the changes in equilibrium price and quantity yo..
Calculate the equilibrium price in the market : A perfectly competitive market is described by the demand Q = 70 - 2p and the supply curve Q =5p - 20. A firm in the market has a total cost equation of C = 16+ Q^2 + 2Q. Calculate the equilibrium price in the market.
Acquisitions are entry strategies for expansion : Acquisitions are entry strategies for expansion through the purchase of an existing organization, a unit of an organization, or a product or service.

Reviews

Write a Review

Business Economics Questions & Answers

  Show analytically that equilibrium price under cournot

Show analytically that equilibrium price under Cournot is greater than price under perfect competition but lower than monopoly price.

  Rate of return would the firm earn in its asset base

Illustrate what output would be produced, Illustrate what would total profits be also Illustrate what rate of return would the firm earn in its asset base.

  How has the world wide web supported the businesses

1). List three businesses that can exist today, because of the World Wide Web that could not have existed before the advent of this technological communication system. 2). How has the World Wide Web supported the establishment and functioning of th..

  1 if the 4 firm concentration ratio of an industry is 75

1. if the 4 firm concentration ratio of an industry is 75 what does it mean?2. explain in game theory how payoff

  Based on market research a film production company in

based on market research a film production company in ectenia obtains the following information about the demand and

  Variable frequency drive-cost-capacity exponen

The variable frequency drive (VFD) for a 290 hp motor costs $19100. How much will the drive for a 115 hp motor cost if the cost-capacity exponent is 0.642?

  What are the essence of trip-trim and gats agreements

What are the essence of TRIP, TRIM and GATS agreements? What are the implications of these agreements for the development of LDCs?

  What is the cross price elasticity of the demand for apple

Using the midpoint method, what is the cross price elasticity of the demand for apple juice with regard to the price of orange juice

  Why does it diminish as the consumer substitutes one product

What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitutes one product for another? Use examples to illustrate.

  Components of aggregate expenditure

What are the components of aggregate expenditure. What determines the slope of the aggregate expenditure line.

  A university spent 18 million to install solar panels atop

a university spent 1.8 million to install solar panels atop a parking garage. these panels will have a capacity of

  Government have to increase the provider of housing

Explain how many units of housing would the government have to increase the provider of housing in order to get the market equilibrium rental cost.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd