shalaghazanfar63131 shalaghazanfar63131
  • 01-09-2020
  • Business
contestada

Any given demand or supply curve is based on the ceteris paribus assumption that ___________________.

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Priatouri Priatouri
  • 03-09-2020

Answer:

All else is help equal, is the right answer.

Explanation:

“All else is help equal” is the correct answer because the demand curve is downward sloping and the supply curve is upward sloping. Here, the relationship between the price and demand is negative that means a rise in price leads to a fall in demand or vice versa. Similarly, in the case of supply, the price and supply are positively related that means a rise in price leads to a rise in supply or a fall in price lead to a fall in supply.  

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