When we say ceteris paribus, it means all other things remain equal all other things remain positive all other things remain constant all other things remain normative
When we say ceteris paribus, it means all other things remain equal all other things remain positive all other things remain constant all other things remain normative
Chapter3: Preferences And Utility
Section: Chapter Questions
Problem 3.6P
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![When we say ceteris paribus, it means
O all other things remain equal
all other things remain positive
all other things remain constant
all other things remain normative](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd371efa-5462-4a6e-a9a5-e2998d0993db%2Fabf9917e-0e67-4dba-83fd-083bf8e05493%2Flfm9xi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:When we say ceteris paribus, it means
O all other things remain equal
all other things remain positive
all other things remain constant
all other things remain normative
![This involves a specific policy alternative,
because it uses subjective, ethical, or moral
judgments in addition to positive approach.
Behavioral Economics
Positive Economics
Social Economics
Normative Economics](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbd371efa-5462-4a6e-a9a5-e2998d0993db%2Fabf9917e-0e67-4dba-83fd-083bf8e05493%2Fo3auzey_processed.jpeg&w=3840&q=75)
Transcribed Image Text:This involves a specific policy alternative,
because it uses subjective, ethical, or moral
judgments in addition to positive approach.
Behavioral Economics
Positive Economics
Social Economics
Normative Economics
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