Joss Is a Marketing Consultant

question 240

Multiple Choice

Joss is a marketing consultant. Iris and Daphne are potential customers interested in commissioning Joss to undertake a market survey and compile the findings in a report. Iris is willing to pay $500 for the service while Daphne is willing to pay $800. Suppose that the opportunity cost of Joss's time is $1,200. Assume that Iris and Daphne do not know each other. If Joss charges the same price per copy to both Iris and Daphne,

• A) the report will not get written.
• B) only Daphne will commission the job and the report will be written.
• C) both Iris and Daphne will commission the job and the report will be written.
• D) no conclusion can be drawn without information on the price.

Determine the main component of a statement in symbolic logic.

Construct English statements from symbolic notation.

Classify statements by their main connective.

Construct truth tables for symbolic statements.