The ceteris paribus assumption means A. more is better. B. other things equal. C. people respond to incentives. D. all people ar

Question

Ksju [112]

2 years ago

11

The ceteris paribus assumption means A. more is better. B. other things equal. C. people respond to incentives. D. all people ar

e rational.

Social Studies

1 answer:

Dahasolnce [82] · Answer 1 · 2022-04-29T12:58:42+03:00

Dahasolnce [82]2 years ago

5 0

Answer: b) other things equal

Explanation:

Ceteris paribus means all other things being equal. This statement is majorly used in discussion to ascertain the fact that the decision that is about to be made will not affect other decisions that has already been made.