What does ceteris paribus mean? Why is the concept useful to economists? Cite an example.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:28 AM

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What does ceteris paribus mean? Why is the concept useful to economists? Cite an example.

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Ceteris paribus refers to everything else remaining unchanged It is useful in ...View the full answer

Principles of Economics

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