Question

question 5 of 5
what phrase describes the mistaken belief that a good deal for one person
will be equally good if everybody makes the same deal?

a. hourglass economy

b. fallacy of composition

c. error of goodwill

d. anti - business practices

Explanation:

The "Fallacy of composition" is the logical fallacy where one assumes that what is true for an individual (a good deal for one person) will be true for the whole group (everybody making the same deal). Option A (Hourglass economy) refers to a specific economic structure. Option C (Error of goodwill) is not a recognized term for this concept. Option D (Anti - business practices) refers to actions against businesses, not this type of fallacy.

Answer:

B. Fallacy of composition