Let P Represent the Statement, "Jim Plays Football", and Let $\sim ( p \vee q )$

question 201

Multiple Choice

Let p represent the statement, "Jim plays football", and let q represent the statement "Michael plays basketball". Convert the compound statement into symbols.
-Jim does not play football or Michael does not play basketball.

• A) \(\sim ( p \vee q )\)
• B) \(p \wedge q\)
• C) \(\sim \mathrm { p } \vee \sim \mathrm { q }\)
• D) \(\sim \mathrm { p } \wedge \sim \mathrm { q }\)

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Definitions:

Break-Even Revenue

The amount of income needed to cover all operating expenses, with no profit or loss.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent or salaries.

Variable Cost

Costs that change in proportion to the good or service that a business produces.

Profit

The financial gain obtained when the revenue from selling goods or services exceeds the total cost of producing them.