If Our Company Reduces Wages, Then It Will Lose Its

question 75

Multiple Choice

If our company reduces wages, then it will lose its labor force; but if it does not reduce wages, then it will go bankrupt. Thus, our company will either lose its labor force or go bankrupt, since it will either reduce wages or not reduce them.

• A) Constructive dilemma.
• B) Invalid.
• C) Denying the antecedent.
• D) Pure hypothetical syllogism.
• E) Destructive dilemma.

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Definitions:

Distribution of Income

The way in which the total income earned in an economy is divided among its citizens or factors of production.

Resource Reallocation

The process of redistributing resources from less productive to more productive uses to increase overall efficiency or to meet strategic objectives.

Society's View

The collective opinions, attitudes, and values of a community or population towards various issues, concepts, or entities.

Economic Function

The role or impact that an entity or process has within the economy, such as production, distribution, and consumption of goods and services.