Economists Emphasize the Importance of ____ in Analyzing Demand

question 3

Multiple Choice

Economists emphasize the importance of ____ in analyzing demand.

• A)quantity
• B)market potential
• C)wants and needs
• D)price
• E)sales opportunities

---

Definitions:

Valid

In logic, a term describing an argument where, if the premises are true, the conclusion must also be true.

Argument Form

The structure or pattern of reasoning used in constructing a logical argument.

Premises

Statements or propositions from which another is inferred or follows as a conclusion.

Syllogism

A deductive argument presented in the form of two supporting premises and a conclusion.