Abby, Bobbi, and Deborah Each Buy Ice Cream and Paperback

question 333

Multiple Choice

Abby, Bobbi, and Deborah each buy ice cream and paperback novels to enjoy on hot summer days. Ice cream costs $5 per gallon, and paperback novels cost $8 each. Abby has a budget of $80, Bobbi has a budget of $60, and Deborah has a budget of $40 to spend on ice cream and paperback novels. Which of the following statements is correct?

• A)Each woman faces the same budget constraint.
• B)The slope of the budget constraint is the same for each woman.
• C)The area underneath the budget constraint is larger for Deborah than for Abby.
• D)All of the above are correct.

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Definitions:

Inductive Argument

A form of reasoning in which the premises seek to supply strong evidence for (not absolute proof of) the truth of the conclusion.

False Conclusion

An incorrect result or ending reached through reasoning or argumentation.

Premises

Statements or ideas that form the basis for a reasonable conclusion or the starting point for a logical argument.

Conclusion Indicator

Words or phrases used in argumentation to signal that a conclusion is being drawn, such as "therefore" or "thus."