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Cryptocurrency Q&A What is the purpose of ceteris paribus?

What is the purpose of ceteris paribus?

Claudio Claudio Thu Sep 19 2024 | 7 answers 1644
Could you elaborate on the objective of employing the concept of ceteris paribus in economics and finance? How does it aid in analyzing complex market dynamics while keeping other variables constant, allowing for a clearer understanding of the specific factor under investigation? What is the purpose of ceteris paribus?
ceteris paribus purpose economic principle

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