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Author Question: Ceteris paribus means: a. an association of variables. b. all other things remain constant. c. a ... (Read 25 times)

mydiamond

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on: Jun 30, 2018
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.


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nikmaaacs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


mydiamond

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Reply 2 on: Jun 30, 2018
Gracias!

samiel-sayed

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Reply 3 on: Yesterday
Excellent

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