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(a) What does Ceteris Paribus mean? Why do we need this assumption in microeconomics. (b) What is positive economics? What is normative economics? Provide example

(a) What does Ceteris Paribus mean? Why do we need this assumption in microeconomics. (b) What is positive economics? What is normative economics? Provide example for each. (c) What is meant by opportunity cost? Can you give an example explaining opportunity cost

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