Identify the Following Passage as Containing an Argument,two Arguments,or No

question 61

Short Answer

Identify the following passage as containing an argument,two arguments,or no argument;if it contains an argument,identify the conclusion(s);and,if it contains two arguments,indicate which argument is the principal argument.
The market for Jackson Pollock paintings has collapsed virtually overnight.Reason:A lot of them were bought during the 1980s,and 1990s.Investors figure that 1980s prices were too high.

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Definitions:

Maximum Price

The highest legal price a seller can charge for a product or service, often set by government regulations.

Unlimited Rides

Refers to the purchase of a pass or ticket that allows the holder to take an unlimited number of rides within a set period, often used in amusement parks or public transportation systems.

Accordion Concerts

Musical performances featuring the accordion, a portable, free-reed musical instrument, as the main instrument.

Market Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors, who might require separate products or marketing strategies.