What is the meaning of the phrase ceteris paribus to an economist?
a. an assumption that noth...
What is the meaning of the phrase ceteris paribus to an economist?
a. an assumption that nothing but the price of an item will change
b. a projection about the change in availability of a good
c. the way that economists consider the changes in demand for a good
d. a conjecture about the changes in consumer behavior
Answers: 1
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