The fallacy of composition is:
a. the erroneous view that an economic activity can sometimes exceed the sum of its components
b. the erroneous view that what is true for the individual will also be true for the group.
c. the view that the aggregation of economic activity will necessarily lead to an outcome that is different than the outcome generated by each individual in the group.
d. the idea that association need not imply causation.
b
Economics
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Indicate whether the statement is true or false
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Both demand and supply curves usually have positive slopes
a. True b. False Indicate whether the statement is true or false
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