Examlex
Phil is a participant in a meeting.During the meeting,he believes an idea is not being fully explored,and he says,"I think we need to consider this point more.What about …" and offers another perspective.Phil is _______.
Sunk Cost Fallacy
The misconception that one should continue an endeavor because of previously invested resources (time, money, effort) even if current costs outweigh the benefits.
Reductio Ad Absurdum
A logical argument technique where a proposition is disproven by following its implications to an absurd consequence.
Argumentum Ad Hominem
A fallacy in debate that targets a person's character or personal traits in an attempt to discredit their argument, rather than addressing the argument itself.
Market Forces
The various factors, such as supply and demand, that influence the price and availability of goods and services in a market.
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