Economists Argue That Individuals Should Continue to Consume Until Total

question 85

True/False

Economists argue that individuals should continue to consume until total benefit equals total cost.

---

Definitions:

Grammar

The set of structural rules governing the composition of clauses, phrases, and words in a natural language.

Confirmation Bias

The inclination to view new information as support for one's pre-existing opinions or hypotheses.

Fallacy of Popular Appeal

A logical fallacy that argues something is true because it is widely believed or accepted by many people.

Evolutionary Theory

A scientific theory that explains the diversity of life on Earth through the process of natural selection and genetic variation.