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

Question

Quizplus · Accepted Answer

The ceteris paribus condition means "all other things being equal" or that other variables not shown on the graph are held constant, allowing the relationship between x and y to be isolated and analyzed without interference from other variables.

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