Seiko Has a Quartz Watch If and Only If Either

question 204

Multiple Choice

Seiko has a quartz watch if and only if either Movado does not offer a silver dial or Rado does not have a calendar watch; however, Tissot has luminous hands only if both Fossil is water resistant and Rado has a calendar model.

• A) [S ≡ ∼(M ∨ R)] • [T ⊃ (F • R)]
• B) [S ≡ (∼M ∨ ∼R)] • [(F • R) ⊃ T]
• C) [(∼M ∨ ∼R) ⊃ S] • [T ⊃ (F • R)]
• D) [S ≡ (∼M ∨ ∼R)] ∨ [T ⊃ (F • R)]
• E) [S ≡ (∼M ∨ ∼R)] • [T ⊃ (F • R)]

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Definitions:

Profit Maximization

The strategy of adjusting production and sales to achieve the maximum possible profits.

Input Increases

A situation where the amount, quality, or number of resources used in production grows, potentially leading to an increase in output.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, ceteris paribus.

Production Function

An equation, graph, or table that describes the maximum amount of output a firm can produce from a given set of inputs.