Examlex
Which of the following is NOT studied in microeconomics?
Decreasing Rate
A situation where the rate at which a process occurs slows down over time.
Post Hoc
Short for the logical fallacy "post hoc ergo propter hoc," meaning "after this, therefore because of this," it implies a mistaken belief that because one thing follows another, it was caused by the other.
Ergo Propter Hoc
A logical fallacy meaning "therefore because of this," implying a cause-and-effect relationship where none exists based solely on sequence of events.
Slope
The measure of the steepness or incline of a line, often calculated as the ratio of the vertical change to the horizontal change between two points on the line.
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