Informal Logic

posted by .

<11{7[2(03)79]}> Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents. This clearly shows Johann’s lack of business sense, for now he’ll almost certainly sell fewer cups at the new price and therefore make less money than before.
The argument above assumes that (Points : 1)
Johann is looking to double the profits of his lemonade stand
the price increase will likely put Johann out of business
profits from the price increase will not offset the money lost when fewer cups are sold
even if Johann sells more cups at the new price than he did at the old price, he’ll still lose money on the lemonade stand

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. psy

    Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents. This clearly shows Johann’s lack of business sense, for now he’ll almost certainly sell fewer cups …
  2. Science

    Imagine you made a gallon pitcher of lemonade for your family picnic.You poured the lemonade into 12 paper cup until there wasn't a drop left.Is the volume of the lemonade in the pitcher and the lemonade in the 12 paper cups put together …
  3. MATH

    Carolyn and Kim are selling lemonade this summer.  It costs $0.10 to make each cup of lemonade.  They are going to sell each cup of lemonade for $0.25. What is the least number of cups of lemonade they need to sell …
  4. Math (ASAP)

    Carolyn and Kim are selling lemonade this summer.  *It costs $0.10 to make each cup of lemonade.  *They are going to sell each cup of lemonade for $0.25. What is the least number of cups of lemonade they need to sell …
  5. math

    people flock to andys lemonade stand because each cup of lemonade is only 35 cents. sometimes customers buy several cups of lemonade.Andy and his helpers have to figure out how much to charge each time someone buys more than 1 cup …
  6. psy

    17. <11{6[1(07)71]}> The higher the price of an antique, the greater people’s expectation that the object is rare. That, in turn, makes the antique appear more valuable. If the statements above are correct, then offering an …
  7. critical thinking

    Looking to increase the profits of his lemonade stand, Johann doubled the price of a cup of lemonade from 25 cents to 50 cents. This clearly shows Johann’s lack of business sense, for now he’ll almost certainly sell fewer cups …
  8. Math

    Carolyn and Kim are selling lemonade this summer. It costs 10 cents to make each cup of lemonade. They are going to sell each cup of lemonade for 25 cents. What is the total cost to make 55 cups of lemonade?
  9. Math

    Carolyn and Kim are selling lemonade this summer. It costs 10 cents to make each cup of lemonade. They are going to sell each cup of lemonade for 25 cents. What is the least number of cups of lemonade they need to sell in order to …
  10. Calculus

    When selling lemonade for 50 cents per cup, Diana can sell 40 cups per day. She observes that the number of cups sold per day decreases by 2 for every 5-cent increase in the price of a cup of lemonade. Determine a formula for the number …

More Similar Questions