"Over the last few years, we have increased our gas production, developed more fuel-efficient cars, and done a better job of conserving gas, but gas prices have continued to rise. Obviously the law of supply and demand is not the only factor that influences the price of oil products." These statements reflect deductive reasoning.

Question

Quizplus · Accepted Answer

The statements reflect inductive reasoning because they start with specific observations (increased gas production, development of more fuel-efficient cars, better conservation of gas, and rising gas prices) and then draw a general conclusion (the law of supply and demand is not the only factor influencing oil product prices). Deductive reasoning would start with a general premise and lead to a specific conclusion.

"Over the Last Few Years, We Have Increased Our Gas