Multiple Choice
Ceteris paribus refers to all of the following ideas except
A) changing just one variable at a time
B) holding everything else constant
C) everything else being equal
D) one-to-one cause and effect relationships
E) in the absence of other influences
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q28: Consumer sovereignty refers to a situation in
Q29: Which of the following activities would occur
Q30: According to your textbook, profit is a
Q31: Economists argue that when the price of
Q32: We wouldn't have to make choices if
Q34: Which of the following is missing from
Q35: Which of the following is an example
Q36: "John buys more of good X as
Q37: The economic view of the consumer as
Q38: In the circular flow model, resources flow