Chris Makes This Argument to Himself: "Everybody I Know Has

question 35

Multiple Choice

Chris makes this argument to himself: "Everybody I know has at least one tattoo, most of my friends have three or four, but I have only one. So, it's about time that I get another tattoo." By making this argument Chris is actually engaging in __________.

• A) an appeal to emotion fallacy
• B) a straw man fallacy
• C) circular reasoning.
• D) the bandwagon fallacy
• E) an ad hominem attack

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Definitions:

Fixed Expenses

Costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Expenses

Costs that change in proportion to the activity or volume of production in a business.

Variable Expense Ratio

The proportion of variable expenses to total sales, indicating how variable costs change with changes in sales volume.

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit. This margin helps determine how each unit sold contributes to fixed costs and profits.