Ceteris paribus means: a. an association of variables. b. all ...

[mydiamond]

Ceteris paribus means:
 a. an association of variables.
  b. all other things remain constant.
  c. a cause and effect relationship.
  d. considering the influences of other variables.

Question 2

If the price of a textbook rises and then students purchase fewer textbooks, an economic model can show a cause-and-effect relationship only if which of the following conditions holds:
 a. students' incomes fall.
  b. tuition decreases.
  c. the number of students increases.
  d. everything else is constant.
  e. the bookstore no longer accepts used book trade-ins.

[nikmaaacs]

Answer to Question 1

b

Answer to Question 2

d

[mydiamond]

TYSM

[raili21]

Gracias!