On Deductive Arguments. -If a Deductive Argument Has All True Premises, Then It

question 123

True/False

On deductive arguments.
-If a deductive argument has all true premises, then it must be valid.

---

Definitions:

Wage

The payment to labor for its contribution to the production process, typically calculated on an hourly, daily, or piecework basis.

Marginal Expenditure

Additional cost of buying one more unit of a good.

Factor of Production

Resource inputs used in the production of goods and services, typically categorized into land, labor, capital, and sometimes entrepreneurship.

Marginal Revenue Product

The additional revenue generated from using an additional unit of a resource or input.