Question

Ceteris paribus and laissez faire distinguish between

Answer 1

Answer:

Explanation:

The ceteris paribus principle enables the study of the causal effect of one variable on another, with all other influencing factors held constant.

Laissez-faire is an economic and political philosophy. It is from a French phrase that means to "leave alone". It means that government does not interfere with business and economy. Finance and trade decisions are left for the private individual to make.