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20. ceteris paribus means all else equal meaning everything stays the s…

Question

  1. ceteris paribus means all else equal meaning everything stays the same

true
false

Explanation:

Brief Explanations

Ceteris paribus is a Latin term used in economics (a sub - field of Business) which means "all other things being equal" or "everything stays the same". It is a fundamental assumption in economic analysis to isolate the relationship between variables.

Answer:

True