Ceteris paribus is the Latin expression for O a. The eror of reasoning that a first event causes a second event because the first event occurred before the second event. O b. An expression that means "other things being equal." O c. None of the answers O d. A statement about the way the economic world ought to be.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Ceteris paribus is the Latin expression for
O a. The eror of reasoning that a first event causes a second event because the
first event occurred before the second event.
O b. An expression that means "other things being equal."
O c. None of the answers
O d. A statement about the way the economic world ought to be.
Transcribed Image Text:Ceteris paribus is the Latin expression for O a. The eror of reasoning that a first event causes a second event because the first event occurred before the second event. O b. An expression that means "other things being equal." O c. None of the answers O d. A statement about the way the economic world ought to be.
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