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Which one of the following is not correct for deductive method:
  • a)
    Law of diminishing marginal utility analysis is based on deductive method
  • b)
    Law of demand is based upon deductive method
  • c)
    Deductive method proceeds from particular to general
  • d)
    It is also called abstract or analytical or priori method.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which one of the following is not correct for deductive method:a)Law o...
The correct answer is c. Deductive method proceeds from particular to general. This statement is not correct for the deductive method.
This statement is not correct for the deductive method because it actually describes the inductive method, not the deductive method. The inductive method is a reasoning approach that starts with specific observations or instances and then generalizes to broader principles or theories based on those observations. It is also known as the bottom-up approach.

In summary, the deductive method starts with a general principle or theory and derives specific conclusions or predictions based on that principle, while the inductive method starts with specific observations or instances and generalizes to broader principles or theories. Since option c describes the inductive method instead of the deductive method, it is the incorrect statement among the given options.
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Most Upvoted Answer
Which one of the following is not correct for deductive method:a)Law o...
Explanation:

Deductive Method:
The deductive method is a logical process in which conclusions are drawn from general principles or premises. It involves moving from the general to the specific.

Law of Diminishing Marginal Utility:
The law of diminishing marginal utility analysis is based on the deductive method. It starts with the general principle that as a consumer consumes more of a good, the marginal utility derived from each additional unit decreases.

Law of Demand:
The law of demand is also based on the deductive method. It is derived from the general principle that as the price of a good decreases, the quantity demanded increases, and vice versa.

Proceeds from Particular to General:
The deductive method actually proceeds from general principles to specific conclusions, rather than from particular to general. It starts with a general principle or theory and applies it to specific situations or cases to draw conclusions.

Abstract, Analytical, or A Priori Method:
The deductive method is indeed also known as the abstract, analytical, or a priori method. It involves reasoning based on abstract principles or theories rather than empirical observations.

In conclusion, the deductive method does not proceed from particular to general but rather from general to specific, making option 'C' not correct.
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Which one of the following is not correct for deductive method:a)Law o...
C
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Which one of the following is not correct for deductive method:a)Law of diminishing marginal utility analysis is based on deductive methodb)Law of demand is based upon deductive methodc)Deductive method proceeds from particular to generald)It is also called abstract or analytical or priori method.Correct answer is option 'C'. Can you explain this answer?
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Which one of the following is not correct for deductive method:a)Law of diminishing marginal utility analysis is based on deductive methodb)Law of demand is based upon deductive methodc)Deductive method proceeds from particular to generald)It is also called abstract or analytical or priori method.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which one of the following is not correct for deductive method:a)Law of diminishing marginal utility analysis is based on deductive methodb)Law of demand is based upon deductive methodc)Deductive method proceeds from particular to generald)It is also called abstract or analytical or priori method.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following is not correct for deductive method:a)Law of diminishing marginal utility analysis is based on deductive methodb)Law of demand is based upon deductive methodc)Deductive method proceeds from particular to generald)It is also called abstract or analytical or priori method.Correct answer is option 'C'. Can you explain this answer?.
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