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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #725861
Introduction to Economics 1 Deneme Sınavı Sorusu #725861
Which of the following refers to state when all variables other than the one studied are assumed to be constant or fixed?
|
Ceteris Paribus |
|
Perfect competition |
|
Monopolistic market |
|
Monopsonist markets |
|
Imperfect competition |
Yanıt Açıklaması:
Ceteris Paribus is a Latin phrase, which means “other things being equal.” It is used in economics to state that all variables other than the one studied are assumed to be constant or fixed. The correct answer is Choice A.
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