The fallacy of composition is the incorrect view that
A) decisions are always made at the margin.
B) incentives matter only to those who behave selfishly.
C) if something is true for an individual, then it must also be true for the group.
D) the value of a good can be objectively measured by its cost of production.

Question

Quizplus · Accepted Answer

The fallacy of composition occurs when one assumes that what is true for an individual is also true for the group as a whole.

The Fallacy of Composition Is the Incorrect View That