Refer to the Following Formula: (∃X)[(Ax • ∼Bx) • ∼(Cx $\lor$

question 41

Multiple Choice

refer to the following formula: (∃x) [(Ax • ∼Bx) • ∼(Cx $\lor$ Dx) ]
-Is the formula open or closed?

• A) Open
• B) Closed

---

Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity supplied at those prices in a market.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price.

Substitute

Replacement items or alternatives that consumers may choose, which impacts market demand and competition among sellers.

Demand Curve

A graphical representation showing the relationship between the price of a good or service and the quantity demanded by consumers over a range of prices.