Consider the Following Argument by Analogy

question 1

Multiple Choice

Consider the following argument by analogy. Maine and Vermont have similar climates.
Potatoes can grow in Maine.
Potatoes can grow in Vermont. What inductive generalization is implied in this argument?

• A)Potatoes can grow in all states that are near to Maine.
• B)Potatoes can grow in all states with the same climate as Maine.
• C)No potatoes are exported from Maine to Vermont.
• D)No potatoes are exported from Vermont to Maine.
• E)Potatoes can grow in all 50 states.

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Definitions:

Total Materials Cost

The sum of all costs associated with the raw materials used in the production of a product.

Equivalent Units

A measure used in cost accounting to express the amount of work done on partially finished goods as a proportion of finished goods.

Conversion Cost

The direct costs of converting raw materials into finished products, including labor and manufacturing overhead.

Total Materials Costs

The combined cost of direct materials and any indirect materials used in the manufacturing process.