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All things being equal what does the economics catch-phrase ceteris paribus mean when translated from Latin to English?
all other things being equal.
Economics is the study of living things in relation to each other?
Economics is the study of production, distribution and consumption of wealth. The study of living things in relation to each other is known as ecology.
'what is the assumptions of economics by Alfred marshall'?
Alfred marshall made a heroic assumption of 'cetris paribus' which means other things being equal/constant in economics. This assumption he used for the theories he put forth viz. theory of demand,theory of supply,theory of diminishing marginal utility,etc. Most of his theories come under the sub field- micro economics. The assumption of cetris paribus is the main, there are many others for each law besides cetris paribus.
What are the other sciences that related to economics?
Economics has a hard time to justify being called a science. A science should have well understood laws, and be capable of explaining phenomena and of predicting outcomes. The latter two have a hard time in economics.
What are some examples of economics?
If you mean things that drive the country's economy here are the following:farmingmineralslivestockminingnutrientsmilitaryclothingcomputercarscell phonestrade goodsand other mechanics
All things being equal what does the economics catch-phrase ceteris paribus mean when translated from Latin to English?
all other things being equal.
The pressure of an ideal gas is indirectly proportional to?
Other things being equal, it is directly proportional to the temperature. It is also directly proportional to the amount of gas.Other things being equal, it is directly proportional to the temperature. It is also directly proportional to the amount of gas.Other things being equal, it is directly proportional to the temperature. It is also directly proportional to the amount of gas.Other things being equal, it is directly proportional to the temperature. It is also directly proportional to the amount of gas.
The larger the GB the better the computer?
All other things being equal, yes.
What is the probability that the card is not a heart?
All other things being equal, 3/4.
Economics is the study of living things in relation to each other?
Economics is the study of production, distribution and consumption of wealth. The study of living things in relation to each other is known as ecology.
All other things being equal the size of a population will decrease if?
The deathrate exceeds the birthrate.
What is the difference between being the same and being equal?
Being the same refers to having identical characteristics, qualities, or components. Being equal refers to having the same value, amount, status, or importance. In other words, things that are the same are identical, while things that are equal may be different but still have an equivalent value.
What spoils fastest chicken or ham?
All other things being equal, chicken will spoil faster.
What is the ceteris paribuss?
Ceteris paribus means "with all other things being equal or held constant."
How does pressure affect filtration?
Pressure will increase the filtration rate all other things being equal.
When the mass is greater what is the gravity?
Other things being equal, more mass will cause more gravity.
What is the meaning of all things being equal?
"All things being equal" is a qualifying phrase generally used when comparing two or more options. It means "provided there are no other differences between these options except what was just presented".
