A. "after this, therefore because of this" fallacy. B. correlation fallacy. C. fallacy of composition. D. fallacy of limited decisions
A. positive statements are always followed by normative judgments.
B. positive statements can never be proven true or false.
C. if one acts on one's expectations, those expectations will always be fulfilled.
D. cause and effect can be determined merely by observing the sequence of events.
Answer: D
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Suppose each of the following is a highly-paid seller of services. Who provides a productive service?
A) Dionne, the astrologer B) Jerry, the comedian C) Roger, the movie critic D) Joe, the vice president E) All of the above.
A pricing strategy that requires consumers pay an up-front fee plus an additional fee for each unit of product purchased is a
A) tying contract. B) two-part tariff. C) form of perfect price discrimination. D) none of these.