Given the Following Syllogism

question 292

Multiple Choice

Given the following syllogism:
All sharks are fish.

This syllogism is:

• A) Commits the existential fallacy from the Aristotelian standpoint only.
• B) Valid from the Aristotelian standpoint only.
• C) Valid from both the Boolean and the Aristotelian standpoints.
• D) Conditionally valid from the Boolean standpoint.
• E) Commits the existential fallacy from both standpoints.

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Definitions:

Consumer's Income

The sum of money a consumer can spend on products and services.

Budget Line

A visual depiction of every potential combination of two products that can be bought within a specific budget at fixed prices.

After-Tax Income

The amount of net income remaining after all taxes (federal, state, local) have been deducted from the gross income.

Consumption

The act of using goods and services to satisfy needs and wants.