Suppose the Variable X Represents Students, F(x) Means "X Is $$\neg \exists x ( M ( x ) \wedge \neg F ( x ) )$$

question 66

Short Answer

suppose the variable x represents students, F(x) means "x is a freshman," and M(x) means "x is a math major." Match the statement in symbols with one of the English statements in this list:
1. Some freshmen are math majors.
2. Every math major is a freshman.
3. No math major is a freshman.
- $$\neg \exists x ( M ( x ) \wedge \neg F ( x ) )$$

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Definitions:

Excess Capacity

A situation where a firm is producing at a lower scale of output than it has been built to handle, due to insufficient demand.

Product Diversity

The variety of different items within a particular category available to consumers in the market.

Monopolistic Competition

A market structure characterized by many firms offering products that are similar but not identical, allowing for slight differentiation among them.

Long-Run Equilibrium

A state in which all factors of production and costs are variable, and economic agents have fully adjusted to any economic changes.