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Dahasolnce [82]
4 years ago
5

Logging companies are always more profitable if they are able to harvest more (rather than less) lumber in a month. If you concl

ude from that fact that the logging industry is more profitable if all of the firms in the industry harvest more then you would be:______a. Rightb. Wrong because causation and correlation are not the same C . Wrong and have fallen victim to the fallacy of composition d. Wrong because firms operate on jealousy
Business
1 answer:
SIZIF [17.4K]4 years ago
5 0

Answer:

The correct answer is letter "C": Wrong and have fallen victim to the fallacy of composition.

Explanation:

The fallacy of composition is a conclusion provided by an individual that assumes just because something applies in part of a whole, the same will apply to the whole. The conclusion does not have enough support and does not take into consideration variables that could change among one part and another of the whole.

Thus, <em>if you conclude that because the logging companies are more profitable when they increase their output all the companies in another different sector should be profitable if they rise their output as well, you would have fallen into the fallacy of composition.</em>

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4 years ago
Lorenzo, who works as a supervisor at Travelus Corp., notices that one of the employees, Maya, takes very long coffee breaks whi
nata0808 [166]

Answer:

From the given information, we can infer that Lorenzo has decided to give Maya a warning.

Explanation:

The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.

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3 years ago
In which investment category are fair values and subsequent growth of an investee not relevant for reporting?
Iteru [2.4K]

Answer:

The correct answer is <em>held-to-maturity securities</em>.

Explanation:

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4 0
3 years ago
Bank A offers to lend you money at 10 percent compounded monthly, Bank B at 11 percent compounded quarterly, and Bank C at 12 pe
ahrayia [7]

Answer and Explanation:

The computation is given below:

For Bank A,

Effective annual rate is

= (1 + 0.10 ÷ 12)^12 - 1

= 10.47%

For Bank B,

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= (1 + 0.11 ÷ 4)^4 - 1

= 11.46%

And,

For Bank C,

Effective annual rate = 12%

Therefore, Bank A is best to borrow at lowest effective annual rate

8 0
3 years ago
A marketing campaign makes unsubstantiated claims for the product it is promoting. Under ________, such advertisements would be
vredina [299]

Answer:

Section 5 of the FTC Act

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Section 5 of the FTC Act prohibited companies to make "deceptive actions"  during all activities in a commerce.

In marketing, this section of the Act prevented companies to falsely promoting their products. They're required to truthfully listed all ingredients of the product and banned from making claim that are misleading to the consumers.

For example, you can't claim a drug that you sell can cure cancer without proper authorized researches to back it up.

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4 years ago
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