DNA Tests of Blood Found at the Crime Scene Indicate

question 49

Multiple Choice

DNA tests of blood found at the crime scene indicate a match with the defendant's blood. Therefore, the defendant must have been present at the crime scene.

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

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Definitions:

MR

Stands for Marginal Revenue, which is the additional income earned from selling one more unit of a good or service.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit costs and opportunity costs.

Perfectly Competitive

A market structure where many firms sell identical products, entry and exit are easy, and no single seller can influence the market price.

Market Price

The present cost for purchasing or selling an asset or service within a specific market.