Business, 24.01.2020 04:31 samy17

Ceteris paribus, when the price of tuition increases, fewer people will choose to go to college. what do we mean by ceteris paribus in this statement?

a. we also assume fewer students are entering high-paying college majors
b. we know that college graduates are also currently earning lower wages
c. fewer students attend college because classes are getting more difficult
d. all of the above
e. none of the above

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Ceteris paribus, when the price of tuition increases, fewer people will choose to go to college. wha...

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