anthonybarril22 anthonybarril22

23-06-2024
Business

Answered

A three-word synonym for the term ceteris paribus is:

A. "nothing else changes."
B. "under this assumption."
C. "in my opinion."
D. "it is proved."

Answer :

GinnyAnswer GinnyAnswer

23-06-2024

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:

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