On a graph showing the relationship between x and y,the ceteris paribus condition implies that
A)other variables not shown are held constant.
B)the value of x and the value of y are held constant.
C)no other variables are related to x and y.
D)the value of x is held constant.
E)the value of y is held constant.

Question

Quizplus · Accepted Answer

The ceteris paribus condition means "all other things being equal." Therefore, when this condition is applied in a graph of the relationship between x and y, it implies that all other variables not shown in the graph are held constant. This allows for a clear and isolated analysis of the relationship between x and y without the influence of other variables.

On a Graph Showing the Relationship Between X and Y,the