Question

In: Economics

State whether the following passages contain an argument. Explain your answer by defining the concept of an argument and applying it.

State whether the following passages contain an argument. Explain your answer by defining the concept of an argument and applying it. If the passages do contain an argument, identify the premises and the conclusions. (Each answer is worth 4 marks.)

 1. Socrates and Plato are philosophers. All philosophers hate tomatoes. Hence, Socrates and Plato hate tomatoes.

 2. Chaser is either a philosopher or a poet. He is definitely not a poet. Consequently, Chaser is a philosopher.

Solutions

Expert Solution

An argument, in this context, is simply a statement, or set of statements, that includes at least one premise and a conclusion. A premise is a statement that supports, or helps lead to, an argument’s conclusion. A conclusion is the statement that is inferred (reasoned) from the argument’s premises. Arguments are “inferential; they intend to “infer” something. The process by which we reason in order to reach a conclusion is referred to as inference.

1. This passage is obviously an argument. A standard form for repersenting an argument is premises first and then conclusion. So second second is an premises. The occurance of "hence" clearly states that third second is an conclusion.

2.This passage is an argument. The sentence "He is definitely not a poet" is a premises. This sentence support the conclusion. The occurrence of "Consequences" clearly states that third second is an conclusion.


Related Solutions

State whether the following statements are true or false, and explain your answer if you judge...
State whether the following statements are true or false, and explain your answer if you judge the statement to be false (a statement must always be true to be considered true).             i) In an efficient market all investments should have the same long-run average return             ii) In an efficient market all investors should have the same long-run average return             iii) Stocks exhibiting positive or negative abnormal returns indicates market inefficiency iv) Evidence of irrational behavior on the...
State whether the following statement is True, False, or Uncertain. Be sure to explain your answer....
State whether the following statement is True, False, or Uncertain. Be sure to explain your answer. The marginal propensity to consume from a permanent parallel upward shift in the production function is smaller than the marginal propensity to consume from a temporary parallel upward shift in the production function.
Assess whether the following statements are true or false. motivate your answer (your argument should in...
Assess whether the following statements are true or false. motivate your answer (your argument should in principle prove the claim or prove it wrong). (1)Claim: As a firm output goal Q increases, a cost-minimizing firm will always use more labor and more capital to achieve the output goal. (2)Claim: If a production function has diminishing marginal product of labor and diminishing marginal product of capital, then that production function cannot have increasing returns to scale.
State whether the question is True or False and explain your answer. For example, if the...
State whether the question is True or False and explain your answer. For example, if the statement is True, explain why it is true. If the statement is False, explain why it is false and correct the statement. A diagram or equation may be helpful to explain your answer. The transitional dynamics of the Solow model suggests that the economy will gradually go back to the same steady state after a major earthquake.
Q) State whether the following statements are true or false. Shortly explain your answer in 1-2...
Q) State whether the following statements are true or false. Shortly explain your answer in 1-2 sentences. a) The life cycle model of labor supply predicts that wage increases along the expected wage-age profile can lead to decreases in an individual’s hours worked. b) In a model with a perfectly competitive firm, the two profit maximizingconditions VMP_E = w and MC=p are equivalent in the short run. c) Labor Demand is more elastic in the long run than in the...
State whether the question is True or False and Explain your answer. A diagram or equation...
State whether the question is True or False and Explain your answer. A diagram or equation may be helpful to explain your answer. a. Constant Returns To Scale implies that doubling the inputs (e.g. capital and labor) of the production function will double output. b. Development accounting, which is the empirical analysis that uses the production function to explain differences in GDP p.c. across countries, finds that differences in capital per capital across countries can explain MOST of the differences...
State whether the statements below are true or false and explain your answer in detail. If...
State whether the statements below are true or false and explain your answer in detail. If you are uncertain, make sure that you explain why. In the classical model, the rate of interest is determined by the investment and the saving functions. However, in the Keynesian model, the rate of interest is determined by the equality of aggregate output (GDP) with aggregate expenditure (Y=C+I+G).
NEED ESSAY TYPE ANSWER Provide a thorough discussion of the following statement: “By defining the concept...
NEED ESSAY TYPE ANSWER Provide a thorough discussion of the following statement: “By defining the concept of the percentage markup of prices over marginal cost as:    (P -MC/P) = - 1/ƐD, where ƐD refers to the price elasticity of demand of the monopoly firm, one can use this concept to determine the market power of this profit-maximizing monopoly firm.”
Each of the following passages contains an argument. Identify or list the premises, con­ clusions, and...
Each of the following passages contains an argument. Identify or list the premises, con­ clusions, and indicator words in each passage. 1) Government statistics show that it is safer to fly than to drive. Since government statistics are generally reliable, it follows that if you are traveling across the coun­ try this summer, your chance of surviving the trip will be higher if you fly than if you drive. 2) Simple ethical egoism is a false ethical theory. For if...
State whether the following is true, false or uncertain, and then defend your answer. States with...
State whether the following is true, false or uncertain, and then defend your answer. States with a right-to-work law have a lower rate of unionization because the law makes it more expensive for unions to organize and to bargain.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT