When an Economist States That "Price Changes Cause Quantity Changes

question 163

Multiple Choice

When an economist states that "price changes cause quantity changes ceteris paribus", she is stating that price changes cause quantity changes

• A) always.
• B) all else equal.
• C) only in theory.
• D) only in efficient markets.

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Definitions:

Attitude

A settled way of thinking or feeling about something, reflecting a person's beliefs, feelings, and predispositions towards objects, people, or events.

Jigsaw Classroom

An educational approach designed to minimize racial conflict among school children by promoting cooperation and understanding in ethnically diverse classrooms.

Prejudice

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