C.p.t >>economics>>demand
Querist : Anonymous
a)the price of the commodity does not change
b)the income of the consumer does not change
c)the price of the complimentary goods does not change
d)the price if its substitutes does not change
.
.
.
its really a bit confusing for me!
can anyone clear me out of this!
thank you!
Ceteris paribus means "everything else held constant"
In law of demand, we study the impact of change in price over the demand of the commodity. Hence option a.
Querist : Anonymous
i got it!
thank you!
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