Write the Converse, Inverse, or Contrapositive of the Statement as Requested

question 70

Multiple Choice

Write the converse, inverse, or contrapositive of the statement as requested.
-All cats catch birds. Inverse

• A)If it doesn't catch birds, it's not a cat.
• B)Not all cats catch birds.
• C)If it's not a cat, it doesn't catch birds.
• D)If it catches birds, it's a cat.

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Definitions:

Allocative Efficiency

A state of resource distribution where it is impossible to make one individual better off without making someone else worse off.

Economic Profit

The difference between total revenues and total economic costs, including both explicit and implicit costs.

Industry

A sector of the economy composed of businesses and organizations involved in the production of goods or provision of services.

Demand Curves

A graphical representation showing the quantity of a good or service demanded at different price levels.