Identify Any Formal Fallacies or Fallacies of Language in the Following

question 13

Short Answer

Identify any formal fallacies or fallacies of language in the following passage.
Every event is caused; therefore the sum total of events is caused.

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Definitions:

Supply Decrease

A reduction in the quantity of a good or service that producers are willing and able to offer at any given price.

Demand Decrease

A situation where there is a reduction in the quantity of a good or service that consumers are willing and able to purchase at any given price.

Equilibrium

A condition or state in which economic forces are balanced, such as the point where supply equals demand.

Market Clear

A situation in which the market reaches a state where quantity supplied equals quantity demanded, leaving no surplus or shortage.