Which of the Following Defines the Term Deductive Reasoning

question 45

Multiple Choice

Which of the following defines the term deductive reasoning?

• A) It is defined as reasoning from the general to the specific.
• B) It is defined as reasoning from a logically valid conclusion to the premises.
• C) It is defined as generalizing results to arrive at a valid conclusion.
• D) It is defined as reasoning from particular facts to general conclusions.

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Definitions:

Surplus

The amount of an asset or resource that exceeds the portion used. In economics, it refers to a situation where supply exceeds demand.

Shortage

A situation in which demand for a good or service exceeds the available supply at the current price.

Market Equilibrium

Market equilibrium is the point where the supply of goods matches demand, leading to a stable market price.

Equilibrium Price

The rate at which the supply of a commodity or service aligns with its demand in the market.