Economics · Economic Methodology
The assumption 'Ceteris Paribus' indicates that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Demand and supply are both constant and in equilibrium.
- 2The values of other variables which influence the dependent variable are held unchanged.✓
- 3Other variables affect the independent variable.
- 4Other variables affect the dependent variable.
Correct answer
The values of other variables which influence the dependent variable are held unchanged.
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