What is the correct answer?


The Latin term citeris paribus means:

A. Other things being equal

B. Because of this

C. Due to this

D. All the factors changes at the same rate

Correct Answer :

A. Other things being equal

Related Questions

Marginal utility equals: In case of monopoly, the slope of MR is: If the commodities X and Y are perfect substitutes then: The firm in cournot model: The fundamental choices that a society must make about the use of its… If the commodity is inferior then the increase in income of the consumer… Change in demand (rise and fall of demand) is: The costs faced by the firm against fixed factors are: For the given production function, technical efficiency is defined as: The difference between average cost and average revenue is: Total fixed costs are: In Prisoner Dilemma, the best choice of strategy is: Least cost combination of two factor inputs is achieved at a point where: In case of giffin good, price effect is: The cost of one thing in terms of the alternative given up is known as: Identify the economist who first developed the theory of income determination… If the increase in demand is more than the increase in supply, the price… The addition or increment to the total cost involvesd in expanding or… On the total utility curve the economically relevant range is the portion… Plumbing and pipe-fitting require many of the same skills. If the wage… If the commodity is inferior then: The reserve capacity in administration is advocated on the ground that… Cournot equilibrium is attained where two reaction curves: Abstinence or Waiting theory of Interest was presented by: In income effect, we: Normal profits are considered as: The relationship between AC and MC curves depend upon the behavior of: With the change in the factor prices, the slope of the expansion path… If a straight line supply curve makes an intercept on the Y-axis, elasticity… When elasticity of demand is one (e=1), then following the formula MR=P[1-1/e],…