What Is Ceteris Paribus And Example?
What Is Ceteris Paribus And Example? Ceteris Paribus is a phrase used in economics that makes economic analysis simpler. In essence, Ceteris Paribus means ‘other things equal‘. … Ceteris paribus is where all other variables are kept equal. For example, if the price of Coca-Cola falls, ceteris paribus, its demand will increase. What does ceteris