When analysing graphically the relationship between more than two variables,which of the following must be used?
A)Positive-slope assumption
B)The assumption that only relevant factors change
C)Ceteris paribus
D)Assumption of little change
E)Negative-slope assumption

Question

Quizplus · Accepted Answer

Ceteris paribus, which means "all other things being equal," must be used when analysing graphically the relationship between more than two variables. This assumption helps isolate the effect of a specific variable on the relationship being analysed. It allows us to hold other factors constant, so that we can focus on the effect of the variable we are interested in. The other options, such as positive or negative slope assumption or assumption of little change, are not relevant when analysing relationships between multiple variables.

When Analysing Graphically the Relationship Between More Than Two Variables,which