Economy, asked by aradhya6095, 3 months ago

When graphing supply and demand, price is always on which axis

Answers

Answered by pea4518977

Answer:

x axis

Supply and Demand Diagrams before Marshall (1879)

The price isn't the independent variable because its on the x axis. The price is on the x axis because its the independent variable. As far as (basic) supply and demand go, the price is going to be set by demand .

Explanation:

Answered by shadowdark7007

Answer:

Explanation:

Always on y axis

Previous Question

Next Question

Similar questions

English, 1 month ago

Tos A globe is the most accorate way generally use a magnetron then allose to study the Earth. Why is die the with. We One...

Computer Science, 1 month ago

please answer have a great day btw good evening...

English, 1 month ago

The name of this technology as well as the symbol associated with it comes from the Viking Age. It is named after the 10th-century Danish King Harald ‘_______’ Gormsson (the blank is his nickname). Its symbol is also a combination of two runes that represent the king’s initials – the ‘hagall’ rune, and the ‘bjarkan’ rune. Which technology are we talking about...

Geography, 3 months ago

Bhootik bhugol or manav bhugol meaantar...

Math, 3 months ago

the sum of two number is 16 and their difference is 6...

Environmental Sciences, 10 months ago

Oriya do seeds confirm...

Social Sciences, 10 months ago

write some important features of per capita income of india.

Social Sciences, 10 months ago

Tell me the answer fast...