The Argument Has a True Conclusion $\underline { \text {A square has four sides.} }$

question 216

Multiple Choice

The argument has a true conclusion. Identify the argument as valid or invalid.
-A square is a parallelogram.
$\underline { \text {A square has four sides.} }$
A parallelogram has four sides.

• A) Valid
• B) Invalid

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Definitions:

Diseconomies

Negative effects on costs that occur as a business expands, typically resulting from inefficiencies that stem from managerial and operational challenges.

Expansion Path

A curve in input space showing how the optimal mix of inputs changes as the firm expands output.

Fixed Proportion

Refers to a production process where inputs must be used in strict, unchanging ratios to produce an output.

Capital

Assets used for the production of goods and services, such as buildings, machinery, and equipment.