The Fallacy of Composition Is the Incorrect View That

question 221

Multiple Choice

The fallacy of composition is the incorrect view that

• A) decisions are always made at the margin.
• B) incentives matter only to those who behave selfishly.
• C) if something is true for an individual, then it must also be true for the group.
• D) the value of a good can be objectively measured by its cost of production.

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Definitions:

Basic Anxiety

A concept in psychoanalytic theory referring to feelings of insecurity and apprehension that arise from living in a hostile world.

Adult Personality

The combination of characteristics or qualities that form an individual's distinctive character in adulthood, shaped by various factors including genetics, life experiences, and psychological development.

Case Study Method

A research strategy that involves an in-depth investigation of a single subject, group, or event to explore causation and find underlying principles.

Neurotics

individuals experiencing neurosis, showing symptoms of stress, anxiety, and obsessive behavior without a break from reality.