All Aerobic Exercises Are Calorie Burners and All Calorie Burners

question 168

Multiple Choice

All aerobic exercises are calorie burners and all calorie burners are weight reducers. Thus, all aerobic exercises are weight reducers.

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

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Definitions:

Consumer Surplus

The variance between the total price consumers are ready and able to fork over for a good or service and the sum they ultimately pay.

Deadweight Loss

A loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or is not achievable.

Consumer Surplus

The difference between the total amount that consumers are willing to pay for a good or service and the total amount they actually do pay.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, indicating the economic benefit to consumers.