when-analyzing-the-effect-of-a-price-change-on-quantity-supplied-what-assumption

Question

When analyzing the effect of a price change on quantity supplied, what assumption is made under the concept of 'ceteris paribus'?

Accepted Answer

All other factors affecting supply remain constant.

Answer

Only external economic conditions are changing.

Answer

All other factors affecting supply are changing.

Answer

Only demand factors are changing.