Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
Final answer:
Ceteris paribus in economics means analyzing the impact of a change while assuming other variables remain constant.
Explanation:
Ceteris paribus is a Latin term meaning 'all other things being equal' or 'holding all else constant.' It is frequently used in economics to analyze the effects of a change by isolating its impact while assuming other variables remain unchanged. For instance, in demand and supply analysis, ceteris paribus implies that factors such as prices of related goods and consumer preferences stay constant.
Learn more about Ceteris paribus in economics here:
https://brainly.com/question/35842886
We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.