The statement that "since a farmer will make more money if he has a bumper crop means that all farmers would make more money if they all had bumper crops" would be an example of which of the following?

Question

Quizplus · Accepted Answer

The statement is an example of the fallacy of composition, which assumes that what is true for a part is true for the whole. In this case, the statement assumes that since one farmer can make more money with a bumper crop, all farmers would make more money if they all had bumper crops, without considering factors such as market demand and oversupply that could actually decrease profits for all farmers.

The Statement That "Since a Farmer Will Make More Money