A Student Noted That the Football Team Won by a Larger

question 183

Multiple Choice

A student noted that the football team won by a larger margin when the third-string played more minutes. Therefore, he recommended that the third-stringers become the first team. His conclusion was probably erroneous because he

• A) confused positive and normative analysis.
• B) committed the fallacy of composition.
• C) failed to recognize that association is not causation.
• D) confused macroeconomics with microeconomics.

---

Definitions:

Wheeler-Lea Act

A United States law that amended the Federal Trade Commission Act to prohibit unfair or deceptive acts in commerce.

Misleading Advertising

Advertising that deceives or misleads consumers, either intentionally or unintentionally, about the characteristics, benefits, or prices of a product or service.

Clayton Act

The Clayton Act is a U.S. antitrust law enacted in 1914, aimed at promoting competition and preventing monopolies by prohibiting certain business practices deemed harmful to the free market.

Celler-Kefauver Act

A U.S. law enacted in 1950 aimed at preventing anti-competitive mergers and acquisitions that could lead to decreased competition.