A Company Sells Travel Mugs Online for $9

question 158

Multiple Choice

A company sells travel mugs online for $9.They purchase the mugs for $4 and charge the customers $2 for shipping and handling.Cost of goods sold per mug is:

• A)$0.
• B)$2.
• C)$4.
• D)$6.

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Definitions:

MP

An abbreviation for Modus Ponens, a form of argument in logic where if a conditional statement ("if P, then Q") is accepted, and the antecedent P holds, then the consequent Q logically must also hold.

MT

An abbreviation often referring to Modus Tollens, a form of deductive argument where the consequent in a conditional proposition is negated, leading to the negation of the antecedent.

Simp

Slang for a person who overly defers to someone else, typically a man excessively reverent or submissive towards a woman.

CD

Can refer to a "Compact Disc" used for storing digital data or "Certificate of Deposit" in finance; context needed for specific definition.