The Fallacy of Equivocation Occurs When a Word Is Used

question 37

True/False

The fallacy of equivocation occurs when a word is used with one meaning in one place in an argument and then is used with a different meaning later on in the argument, and the argument works only if the shift in meaning is undetected.

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Definitions:

Utility

A measure of satisfaction or happiness that consumers derive from consuming goods and services.

Train Tickets

Tickets that grant the holder the right to travel on a train service, typically specifying the journey details.

Diminishing Marginal Utility

Diminishing Marginal Utility is an economic concept stating that as a person consumes more of a good or service, the satisfaction (utility) gained from consuming each additional unit decreases.

Total Utility

The total satisfaction or benefit that a person receives from consuming a given total quantity of a good or service.