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Is the argument deductive (D) or inductive (I)?
-Portland is 180 miles from Seattle. Therefore, at sixty miles per hour, it must be a three- hour drive.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision, representing the benefits you could have received by taking an alternative action.
Monetary Cost
The amount of money expended to produce or acquire goods or services.
Opportunity Cost
The drawback of failing to select the next best possible choice during the decision-making process.
Free Meal
A complimentary food serving provided without charge, often as a promotional offering or as a benefit.
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