An Implicit Premise Is a Premise That

question 112

Multiple Choice

An implicit premise is a premise that:

• A)plays no useful role in an argument
• B)we can be certain is true
• C)we can be certain is false
• D)is borrowed from an opponent's own argument
• E)is assumed but not stated

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Definitions:

Production Possibilities

The different quantities of goods that an economy can produce using all available resources and technology effectively.

Gain From Trade

The benefits that countries or individuals obtain by engaging in international trade, allowing for the consumption of more goods and services than would be possible without trade.

Opportunity Cost

The loss incurred from ignoring the subsequent best alternative in a decision-making scenario.

Constant Rate

A steady, unchanging rate of change in a mathematical or economic process.