"Owners of large media conglomerates that include newspapers, publishing houses, and television, radio, and internet corporations, are often immensely wealthy individuals
Mr. Murphy owns one such media conglomerate. This suggests that Mr. Murphy is an immensely wealthy individual" is
A) a deductive argument B) an inductive argument C) not an argument at all

Inductive argument is an argument in which the premises provide reasons to support the conclusion but the thruth of this conclusion is not 100% establish. In this case, the premise says that owners of large media conglomerates are often wealthy individuals and this doesn't allow to be 100% sure that Mr. Murphy being the owner of a media conglomerate is a wealthy individual. The premise left a chance of him not being a wealthy individual.