Dropping Out of College to Devote Time to a Promising

question 180

Multiple Choice

Dropping out of college to devote time to a promising business start-up is most directly an application of the principle of:

• A) gains from trade.
• B) returns from specialization.
• C) marginal thinking.
• D) opportunity cost.

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Definitions:

Reductio Ad Absurdum

A method of argumentation that seeks to disprove a statement by showing it leads to an absurd or contradictory conclusion.

Non Sequitur

A statement that does not logically relate to what comes before it, often used to denote illogical or irrelevant conclusions.

False Analogy

An argumentative flaw where two things being compared are not truly comparable or relevantly similar.

Popular Belief

A widely held opinion or conviction among a large group of people, regardless of whether it is based on fact or myth.