Economists refer to the necessity of holding all variables other than price constant in constructing a demand curve as the A. substitution effect. B. income effect. C. law of demand. D. ceteris paribus condition.
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Home » Business » Economists refer to the necessity of holding all variables other than price constant in constructing a demand curve as the A. substitution effect. B. income effect. C. law of demand. D. ceteris paribus condition.