Identify the Type of Fallacy in the Following Passage

question 61

Essay

Identify the type of fallacy in the following passage.
"American Idol dropped a little in the ratings this week. It must be the new judge."

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Definitions:

Good X

An unspecified product or commodity in economics, used in theoretical models and discussions.

Producer Surplus

The difference between the actual price producers receive for a product and the minimum price they would accept.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity supplied by producers.

Value

The importance or worth that is attached to something by individuals or society, often reflected in what people are willing to exchange or pay for it.