Question

Which of the following are ways of expressing the meaning of ceteris paribus? A) Assuming other things are equal B) Assuming additional factors, other than those under consideration, are given equal consideration C) Assuming factors other than those being considered In a particular analysis do not change D) Assuming additional factors, other than those under consideration, play a significant role in analysis

Answer 1

The different ways of expressing the meaning of ceteris paribus are :

A). Assuming other things are equal.

C). Assuming factors other than those being considered in a particular analysis do not change.

Ceteris Paribus

• It is a Latin phrase that means that "things are same".
• In other words, it means that certain things remain unaltered and are the same and equal.
• This concept can be used in both scientific laws as well as natural laws.

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