Use Truth Tables to Test the Validity of the Argument $\begin{array} { l } \mathrm { p } \wedge \sim \mathrm { q } \\ \mathrm { p } \vee \mathrm { q } \\\hline \therefore \mathrm { p } \end{array}$

question 129

Multiple Choice

Use truth tables to test the validity of the argument.
- $\begin{array} { l } \mathrm { p } \wedge \sim \mathrm { q } \\ \mathrm { p } \vee \mathrm { q } \\\hline \therefore \mathrm { p } \end{array}$

• A) Valid
• B) Invalid

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Definitions:

Contribution Margin

The difference between the sales revenue of a product and its variable costs, used to cover fixed costs and profit.

Pretax Net Income

The amount of income earned by a business before taxes have been deducted.

Absorption Costing

A method of product costing that includes all manufacturing costs, both variable and fixed, in the cost of a unit of a product.

Pre-Tax Net Income

The income that a company earns before any taxes are deducted, reflecting the earnings from its core business operations.