Write an Equivalent Sentence for the Statement

question 9

Multiple Choice

Write an equivalent sentence for the statement.
-If you are mistaken then you are wrong, and if you are wrong then you are mistaken. (Hint: Use The fact that (p → q) ∧ (q → p) is equivalent to p ↔ q.)

• A) You are mistaken or you are wrong.
• B) You are mistaken and wrong.
• C) You are mistaken if and only if you are wrong.
• D) You are mistaken if you are wrong.

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Definitions:

Variable Cost

A cost that varies with the level of output or production, such as materials and labor costs.

Variable Cost

Costs that change directly and proportionally with the level of production output or sales volume.

Nonprofit Organization

An organization that operates for educational, charitable, social, religious, or other activities serving the public interest or common good, without the goal of making profits for owners or shareholders.

Break-Even Level

The point at which total revenues equal total expenses, resulting in neither profit nor loss.