It Is Obvious That All Criminals Have Mothers

question 62

Multiple Choice

It is obvious that all criminals have mothers. However, it is untrue that people who have mothers are criminals. This is an example of what type of reasoning?

• A) inductive inference
• B) natural categories
• C) negative patterning
• D) inverse reasoning

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Definitions:

Marginal External Cost

The additional cost incurred by society as a whole due to one more unit of a good being produced, not accounted for by the producer.

Competitive Price

The price at which a product or service is sold that is reasonably close to the prices of competing products or services in the same market.

Socially Optimal Levels

Situations or outcomes in an economy that are considered the best from the standpoint of society as a whole, often involving efficient allocation of resources.

Effluent Dumping

The discharge of pollutants or waste materials into the environment, particularly into water bodies, without adequate treatment.