Syllogistic Form 1D Given the Following Syllogistic Form

question 285

Multiple Choice

Syllogistic Form 1D
Given the following syllogistic form:
All P are M.

-For Syllogistic Form 1D, after filling in the Venn diagram,

• A) Areas 2, 3, 6, and 7 are shaded, and there are no other marks.
• B) Areas 3, 4, 5, and 6 are shaded.
• C) Areas 2 and 3 are shaded, and there is an X in area 4.
• D) Areas 2, 3, 5, 6, and 7 are shaded.
• E) Areas 2, 3, 6, and 7 are shaded, and there is an X in area 5.

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Definitions:

Sherman Antitrust Act

A landmark federal statute in the United States passed in 1890 that prohibits monopolistic business practices and promotes competition.

Duopolists

Two companies or entities that are the only competitors within a specific market or industry, often leading to strategic interactions in setting prices and outputs.

Demand for Pizza

An economic concept illustrating the quantity of pizza that consumers are willing and able to purchase at various prices, under a given set of conditions.

Colluding Firms

Companies that agree, often covertly, to work together, typically to set prices or market conditions, in order to reduce competition.