Ceteris paribus means that: whenever someone makes a choice or decision they giv

ID: 2429142 • Letter: C

Question

Ceteris paribus means that:

whenever someone makes a choice or decision they give something else up.

in weighing the costs and benefits of a decision it is important to weigh only the costs and benefits that rise from the decision.

there is no such thing as a free lunch.

everything else is held equal.

whenever someone makes a choice or decision they give something else up.

in weighing the costs and benefits of a decision it is important to weigh only the costs and benefits that rise from the decision.

there is no such thing as a free lunch.

everything else is held equal.

Option D.

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