Question
If we examine the effects of an iPhone price change on the quantity sold holding everything else constant, what is this an example of? Question
If we examine the effects of an iPhone price change on the quantity sold "holding everything else constant", what is this an example of?
Question 3 options:
the ceteris paribus assumption
empirical analysis
correlation versus causation
fallacy of composition
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
