Question

Every Saturday Bob bakes loaves of bread to sell at the farmer’s market. Each loaf costs him $1 to make, and he sells loaves for $3 each. He also pays a vendor’s fee of $75 every Saturday to set up his booth. What’s the least number of loaves of bread Bob needs to sell every Saturday to cover the cost of the vendor’s fee?
A) 38
B) 37
C) 25
D) 19

Answer 1

• he earns $2 only because he sells the loaves for $3 and costs him $1 to make them so 3-1=2
• The cost of the vendor's fee is $75
• $75 the cost and $2 the money he earns from every loaf
• 75÷2= 37.5 , so the correct answer is A) 38 loaves

Answer 2

The least number of loaves of bread Bob needs to sell every Saturday to cover the cost of the vendor’s fee  A) 38

Are inductive arguments weak?

An inductive argument can always be stronger, always be weaker. Generally, if there is more than a 50-50 chance that the conclusion will follow from the (presumed) truth of the premises, then it is strong; otherwise it is weak.

What is strong induction vs weak induction?

The difference between weak induction and strong induction only appears in induction hypothesis. In weak induction, we only assume that particular statement holds at k-th step, while in strong induction, we assume that the particular statment holds at all the steps from the base case to k-th step.

To learn more about An inductive argument, refer

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