Pascal Argues That If We Do a Cost-Benefit Analysis of the Matter

question 6

True/False

Pascal argues that if we do a cost-benefit analysis of the matter, it turns out that it is eminently reasonable to get ourselves to believe that God exists, regardless of whether we have good evidence for that belief. The argument goes something like this: Regarding the proposition "God exists," reason is neutral. It can neither prove nor disprove it. But we must make a choice on this matter because not to choose for God is in effect to choose against God and lose the possible benefits that belief would bring. Because these benefits of faith promise to be infinite and the loss equally infinite, we must take a gamble on faith.
-Pascal proves that there is a 50-50 chance that God exists and will give infinite happiness to believers.

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Definitions:

Fixed Cost

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Product

Anything that can be offered to a market to satisfy the desire or need of a customer.

Average Collection Period

The average number of days it takes for a business to collect payments from its customers after a sale has been made.

Discount Policy

A company's strategy regarding the conditions under which discounts are offered to customers, affecting sales volume, revenue, and cash flows.