The Argument That Ginkgo Biloba Is an Effective Memory Enhancer

question 87

Multiple Choice

The argument that ginkgo biloba is an effective memory enhancer because it has been used for centuries is an example of what fallacy?

• A)Appeal to authority fallacy
• B)Argument from antiquity fallacy
• C)Naturalistic fallacy
• D)Bandwagon fallacy

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Definitions:

Total Revenue

The overall amount of money generated from the sale of goods and services before any expenses are subtracted.

Inelastic

Describes a situation where the quantity demanded or supplied changes by a smaller percentage than the percentage change in price.

Total Revenue

is the total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price, with high elasticity indicating sensitivity.