Write an Equivalent Sentence for the Statement

question 43

Multiple Choice

Write an equivalent sentence for the statement.
-If it is raining, you take your hat. (Hint: Use the fact that p → q is equivalent to ~p ∨ q.)

• A) It is not raining and you take your hat.
• B) It is not raining and you do not take your hat.
• C) If it is raining, you do not take your hat.
• D) It is not raining or you take your hat.

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Definitions:

Price Elasticity

A measure of the responsiveness of quantity demanded or supplied of a good to a change in its price.

Quantity Demanded

The quantity of a good that consumers are willing and able to purchase at a given price over a specified period of time.

CD Players

Devices used for playing audio CDs that were a popular technology for music playback before being gradually replaced by digital music players.

Elasticity

The measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price or income.