As a Man Skims Over the Instructions on the Application

question 69

Multiple Choice

As a man skims over the instructions on the application for the Senior Soccer League,he reads the statement,"Anyone who is 40 years old or older and who is in good health may apply." Since he is over 40 years old and in good health,he assumes that he can apply.What type of reasoning has been applied?

• A)valid
• B)deductive
• C)logical
• D)formal

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Definitions:

Market Acceptance

The degree to which a new product or service is accepted and purchased by customers in the market.

Variable Cost

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.

Fixed Cost

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums.

Variable Cost

Costs that change in proportion to the level of production or business activity.