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An assumption in economic analysis that other variables remain unchanged. | |||
For example, looking at the relationship between demand and price, we assume for analysis purposes that all other variables are held constant. | |||
== See also == | |||
* [[Demand]] | |||
Revision as of 14:17, 23 October 2012
An assumption in economic analysis that other variables remain unchanged.
For example, looking at the relationship between demand and price, we assume for analysis purposes that all other variables are held constant.
See also