Examlex
Which of the following is considered a microeconomic topic?
Scarcity
The basic economic issue arises from unlimited human desires facing limited resources on the planet.
Free Lunch
A term that implies you cannot get something for nothing, often used in the context that every choice has a cost.
Fallacy Of Inductive Reasoning
The fallacy of inductive reasoning occurs when a conclusion is drawn from insufficient evidence or from specific instances that do not reliably lead to a general conclusion.
Post Hoc, Ergo Propter Hoc
A logical fallacy where it is assumed that because one event followed another, the first event was the cause of the second.
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