A demand curve relates quantity to price alone, holding everything else fixed. That assumption is:
ACeteris paribus
BCirca paribus
CContra paribus
DConcordo paribus
Answer & Solution
Correct answer: A. Ceteris paribus
1. Only two variables appear on the diagram.
2. Every other influence has to be frozen for the curve to hold.
3. That freezing is the ceteris paribus assumption.
_Source: OpenStax Principles of Microeconomics 3e, Chapter 3, Demand and Supply._
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