Logging companies are always more profitable if they are able to harvest more (rather than less) lumber in a month. If you conclude from that fact that the logging industry is more profitable if all of the firms in the industry harvest more then you would be:______a. Rightb. Wrong because causation and correlation are not the same C . Wrong and have fallen victim to the fallacy of composition d. Wrong because firms operate on jealousy

1 answer
Question:

Logging companies are always more profitable if they are able to harvest more (rather than less) lumber in a month. If you conclude from that fact that the logging industry is more profitable if all of the firms in the industry harvest more then you would be:______a. Rightb. Wrong because causation and correlation are not the same C . Wrong and have fallen victim to the fallacy of composition d. Wrong because firms operate on jealousy

Answers

Answer:The correct answer is letter "C": Wrong and have fallen victim to the fallacy of composition. Explanation:The fallacy of composition is a conclusion provided by an individual that assumes just because something applies in part of a whole, the same will apply to the whole. The conclusion does not have enough support and does not take into consideration variables that could change among one part and another of the whole. Thus, if you conclude that because the logging companies are more profitable when they increase their output all the companies in another different sector should be profitable if they rise their output as well, you would have fallen into the fallacy of composition.

Similar Solved Questions

1 answer

Jeff bought a new car $10,450. He know this car's value will decrease by 20% each year. Jeff writes the following function to model the cost of his car after t years: C(t)=10,450(.80)^t. If Jeff plans to sell the car after live years, what will be the value of the car at that time, to the nearest dollar?

Jeff bought a new car $10,450. He know this car's value will decrease by 20% each year. Jeff writes the following function to model the cost of his car after t years: C(t)=10,450(.80)^t. If Jeff plans to sell the car after live years, what will be the value of the car at that time, to the nearest do...
2 answers

What happened to wages in most industries during world war i

what happened to wages in most industries during world war i...
2 answers

What is the slope of the line ?

What is the slope of the line ?...
2 answers

When using water displacement to measure the volume of an irregularly shaped solid, like a rock, which of the following would be a more appropriate unit to convert milliliters to? cubic centimeter gram liter centiliter

When using water displacement to measure the volume of an irregularly shaped solid, like a rock, which of the following would be a more appropriate unit to convert milliliters to? cubic centimeter gram liter centiliter...
1 answer

This party would be more likely to trust the common citizens with decision making:

This party would be more likely to trust the common citizens with decision making:...
1 answer

What is the full name of the main character in the contender? 7. where does the contender take place? 8. what is the name of the main character’s best friend in the contender? 9. during which decade is the contender set? 10. in what year was the contender published?

What is the full name of the main character in the contender? 7. where does the contender take place? 8. what is the name of the main character’s best friend in the contender? 9. during which decade is the contender set? 10. in what year was the contender published?...
1 answer

8.8 was subtracted from a number then that difference was * 7 after which that result was divided by 4.2 if the result of that division is -4 then what was the Intel number​

8.8 was subtracted from a number then that difference was * 7 after which that result was divided by 4.2 if the result of that division is -4 then what was the Intel number​...
1 answer

It takes Lisa 8 1/4 hours to give to her aunts house and takes Lisa 5 3/4 hours to get to her uncle's house how much farther does Lisa have to drive to get to her aunt's house in her uncle's house

It takes Lisa 8 1/4 hours to give to her aunts house and takes Lisa 5 3/4 hours to get to her uncle's house how much farther does Lisa have to drive to get to her aunt's house in her uncle's house...
1 answer

What is the product and .18 .52

what is the product and .18 .52...
2 answers

Sold the inequality X/(-12) < -12

Sold the inequality X/(-12) < -12...
1 answer

The bicycle rental shop charges a fee of $6 It also charges $3 per hour that the bike is out if you rented the bike for h hours what expression describes the cost of renting the bicycle

The bicycle rental shop charges a fee of $6 It also charges $3 per hour that the bike is out if you rented the bike for h hours what expression describes the cost of renting the bicycle...
1 answer

Sam is building a model of an antique car. The scale of his model to the actual car is 1:10. His model is 12 1 2 inches long. How long is the actual car? The length of the actual car is inches.

Sam is building a model of an antique car. The scale of his model to the actual car is 1:10. His model is 12 1 2 inches long. How long is the actual car? The length of the actual car is inches....
1 answer

How did Andrew Carnegie's views of the obligations of wealthy people compare with those of Henry George and William Graham Sumner?

How did Andrew Carnegie's views of the obligations of wealthy people compare with those of Henry George and William Graham Sumner?...
1 answer

Find the value of x. A. 51 B. 76.25 C. 129 D. 25.25

Find the value of x. A. 51 B. 76.25 C. 129 D. 25.25...
2 answers

Why is effective written communication important in the workplace?

Why is effective written communication important in the workplace?...
2 answers

The answer to the image included

the answer to the image included...
1 answer

The recombination frequency between three genes A, B, and C located on the same chromosome is obtained as follows: A and C – 28% A and B – 18% B and C – 10% Based on the result, which two genes are closest to each other?

The recombination frequency between three genes A, B, and C located on the same chromosome is obtained as follows: A and C – 28% A and B – 18% B and C – 10% Based on the result, which two genes are closest to each other?...
1 answer

In what year did Chain launch its first manned satellite

In what year did Chain launch its first manned satellite...
1 answer

How might this location have helped the romans control trade in the Mediterranean region?

How might this location have helped the romans control trade in the Mediterranean region?...

-- 0.009497--