Examlex
Choose the one most appropriate answer for each.
-Convection
Marginal Benefits
The increase in utility or satisfaction from consuming or producing an extra unit of a good or service.
Post Hoc
A logical fallacy that assumes that if one event occurs after another, then the first event must have caused the second.
Ergo Propter Hoc
Refers to the logical fallacy where it is assumed that because one thing follows another, the first thing caused the second.
Fallacy
An incorrect belief or mistaken reasoning often based on unsound argument.
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