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Describe one fundamental assumption of demand theory and how this assumption might be incorrect?

The greater the demand; the higher the price. This doesn't apply to free goods, like air.


Why do you not consider same-sex marriage?

The question makes an incorrect assumption. Many would consider that assumption presumptive and repugnant.


What is nulear?

It might be an incorrect spelling of "nuclear".It might be an incorrect spelling of "nuclear".It might be an incorrect spelling of "nuclear".It might be an incorrect spelling of "nuclear".


How did the english win the american revolution?

The question has an implicit assumption which is incorrect; the British actually lost the American Revolution.


How many question can you miss to get a 70 percent on a 52 question test?

Making the very unlikely assumption that all the ones you do answer are correct and that there are no penalty points for incorrect answers, 52*30% = 15.6 so you can miss out at most 15 questions.Making the very unlikely assumption that all the ones you do answer are correct and that there are no penalty points for incorrect answers, 52*30% = 15.6 so you can miss out at most 15 questions.Making the very unlikely assumption that all the ones you do answer are correct and that there are no penalty points for incorrect answers, 52*30% = 15.6 so you can miss out at most 15 questions.Making the very unlikely assumption that all the ones you do answer are correct and that there are no penalty points for incorrect answers, 52*30% = 15.6 so you can miss out at most 15 questions.


What is incorrect premise?

An incorrect premise is a statement or assumption that is false or misleading and serves as the foundation for an argument or reasoning process. When an argument is built on an incorrect premise, it can lead to flawed conclusions, regardless of the logic applied. Identifying incorrect premises is crucial for critical thinking and effective reasoning, as they undermine the validity of arguments.


How come British born Asian men or women never do bodybuilding or fitness in England?

Some do. The question makes a general assumption. the question itself seeks to justify a premise made in the question, which is an incorrect assumption or observation.


Is this True or false a logic error in which a conclusion is not a logical consequence of the evidence is an assumption?

False. A logic error in which a conclusion does not logically follow from the evidence is typically referred to as a fallacy, not an assumption. An assumption is a belief or statement taken for granted without proof, whereas a fallacy specifically involves incorrect reasoning in the argument.


Why the other job is less important than that of doctors?

The question makes an incorrect assumption. There are many jobs just as important as being a doctor.


When did dodge become part of General motors?

Your assumption is incorrect. Dodge has NOT become part of General Motors. Dodge is owned by Chrysler LLC.


What is lyfe?

It might be an incorrect spelling of "life".


What is germinum?

That might be an incorrect spelling of "germanium", a semiconductor.