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What is Ceteris paribus ❓❓❓❓❓❓

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What is Ceteris paribus ❓❓❓❓❓❓

    • Posted by Sakshi Sharma ??️??️??️ 6 years, 11 months ago

    CBSE > Class 11 > Economics
    • 1 answers

    Gaurav Seth 6 years, 11 months ago

    Definition: This commonly-used phrase stands for 'all other things being unchanged or constant'. It is used in economics to rule out the possibility of 'other' factors changing, i.e. the specific causal relation between two variables is focused.

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