3 years ago

How does ceteris paribus relate to demand

History

2 answers:

scZoUnD [109]3 years ago

5 0

It allows the demand curve to exist as a constant without variables other than price affecting it.

Blababa [14]3 years ago

4 0

Answer:

Ceteris Paribus allows the demand curve to exist as a constant without variables other than price affecting it.

Explanation:

Ceteris paribus is an extension of scientific modeling. The scientific method is built on identifying, isolating, and testing the impact of an independent variable on a dependent variable.

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