Whoever Fires a Gun at Another Person Should Be Arrested

question 194

Multiple Choice

Whoever fires a gun at another person should be arrested. But those cowboys on the movie set are firing their guns at each other. Thus, those cowboys should be arrested.

• A) Hasty generalization.
• B) No fallacy.
• C) Begging the question.
• D) Accident.
• E) False dichotomy.

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Definitions:

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full adjustment to any change.

Output

The total amount of goods or services produced by a person, machine, factory, country, etc., within a given period.

ATC

Average Total Cost, the sum of all production costs divided by the quantity of output produced, reflecting the average cost per unit of output.

AVC

Average Variable Cost is the total variable cost per unit of output, which is calculated by dividing total variable costs by the quantity of output.