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In Which of the Following Markets Are External Benefits Most

question 40

Multiple Choice

In which of the following markets are external benefits most likely to exist?


Definitions:

Categorical Syllogism

A form of deductive reasoning consisting of three propositions that are categorical in nature, presenting a relationship between a subject and a predicate.

Minor Term

in syllogistic logic, the term that appears in both the conclusion and one premise of a syllogism, but not the major premise.

Major Premise

The first premise in a syllogism, typically a general statement or proposition that asserts a universal truth or principle.

Categorical Syllogisms

A form of deductive reasoning consisting of a major premise, a minor premise, and a conclusion, each statement being categorical.

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