The statement, "John buys more of good X as his income increases, Ceteris paribus ," means:
A) John's income is being held constant.
B) John's purchases of good X are being held constant.
C) John's income and purchases of this good are being held constant.
D) the price of this good is being allowed to change.

Question

Quizplus · Accepted Answer

The Answer of The statement, "John buys more of good X as his income increases, Ceteris paribus ," means:
A) John's income is being held constant.
B) John's purchases of good X are being held constant.
C) John's income and purchases of this good are being held constant.
D) the price of this good is being allowed to change.

The Statement, "John Buys More of Good X as His