Question

Which of the changes below is NOT a violation of ceteris paribus when discussing demand for CD players?

A. decrease in the price of CD players
B. increase in the price of DVD players
C. increase in the price of CDs
D. decrease in the price of MP3 players

Answer 1

D. decrease in the price of MP3 players

Step-by-step explanation:

The above is the correct answer.

"Ceteris paribus" is a Latin phrase which means "all else being equal". The decrease in the price of MP3 players is the changes that does NOT violate ceteris paribus.

The selected option is talking about MP3 player. The MP3 player doesn't fit into the demand for CD players. It is the odd there which doesn't violate.

Option D is the correct answer.