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muminat
3 years ago
10

All professional athletes earn a lot of money. wes plays professional football so he makes a lot of money. what type of reasonin

g is this?inductivedeductive
Business
2 answers:
Wittaler [7]3 years ago
6 0

The answer is <u>"inductive reasoning".</u>


Inductive reasoning is an intelligent procedure in which different premises, all trusted genuine or discovered genuine more often than not, are consolidated to acquire an explicit end.  

Inductive reasoning is frequently utilized in applications that include expectation, anticipating, or conduct.  

Inductive reasoning is some of the time mistaken for numerical acceptance, a completely extraordinary process.

Andru [333]3 years ago
4 0

I believe the answer is: inductive reasoning

In inductive reasoning, the  premises would be viewed as some sort of supply of evidence for the general conclusion. In the example above,

"all professional athletes earn a lot of money"  is the premise that is used as some sort of evidence for " wes makes a lot of money", which is the speaker's conclusion.


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Robin is granted 1,500 shares of restricted stock from her employer when the stock is trading at a fair market value of $25 per
bija089 [108]

Answer: $13125

Explanation:

Firstly, we should note that in section 83(B), tax is being paid based on the stock's fair market value. Therefore, the income tax that will be due on this transaction in the year of election will be:

= Number of shares × Price × Tax rate

= 1500 × $25 × 35%

= 1500 × $25 × 0.35

= $13125

7 0
3 years ago
Data related to the inventories of Mountain Ski Equipment and Supplies is presented below:
Ksivusya [100]

Answer:

C) $130,000

Explanation:

Based on the lower of cost or market rule, the valued of the inventory would be

Replacement cost = $130,000

Selling price = $150,000 - $150,000 × 10% = $135,000

After considering the normal gross profit ratio, the value would be

= $135,000 - $150,000 × 20%

= $105,000

If we compare the cost and replacement value, then the less value would be considered i.e $130,000

8 0
3 years ago
An analysis of variance produces ssbetween = 40 and msbetween = 20. in this analysis, how many treatment conditions are being co
Flura [38]
An analysis of variance produces SSbetween = 40 and MSbetween = 20. In this analysis, how many treatment conditions are being compared?  There are 3 treatments being compared in this analysis of variance from SSbetween = 40 and MSbetween = 20.
3 0
3 years ago
Jessica manufactures components for a product. She has sued one of her customers, Michael, in the United States for payment. Mic
sdas [7]

Answer:

140,000

Explanation:

Jessica manufactures components of products which she is selling to Michael. He claims that components manufactured by Jessica are defective. Jessica is claiming 400,000 for damages from court. There is 50% chance she will win. Based on these assumptions Jessica can get 140,000 value only. Using the decision tree we get,

400,000 * 50% = 200,000

There is 30% contingency fee so Jessica will get 70%

200,000 * 70% = 140,000

7 0
3 years ago
Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 30,000 bottles of wine were sold every
Over [174]

Answer:

The amount of tax is:

= Price paid by consumers - Price received by producers

= 8 - 5

= $3

Burden on consumers:

= Price after tax - Price before tax

= 8 - 6

= $2

Burden on Producers:

= Amount received before tax - Amount received after tax

= 6 - 5

= $1

The effect of the tax on the quantity sold would have been smaller if the tax had been levied on consumers. ⇒ <u>FALSE.</u>

Tax effects are the same regardless of if levied on consumers directly or on producers.

8 0
2 years ago
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