The Highway Sign Says That the Risk of Forest Fires

question 227

Multiple Choice

The highway sign says that the risk of forest fires in this area is extremely high right now. Therefore, we must conclude that the risk of forest fires is indeed high right now.

• A) Deductive, valid.
• B) Deductive, invalid.
• C) Inductive, cogent.
• D) Inductive, weak.
• E) Inductive, strong.

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Definitions:

Consumer Sales Promotions

Marketing tactics aimed at the consumer to stimulate immediate sales, such as discounts, coupons, and contests.

Trade Sales Promotions

Marketing activities designed to stimulate demand and sales of a product among retailers and distributors.

Markup

The difference between the cost of a product or service and its selling price, expressed as a percentage of the cost, used to cover expenses and generate profit.

FOB Shipping Point Pricing

A term in shipping where the buyer is responsible for the goods once they leave the seller’s premises, including paying for shipping and handling.