Multiple Choice
In drawing a demand curve, the labels for the axes are
A) price (on the vertical axis) and quantity (on the horizontal axis) .
B) price (on the vertical axis) and quantity per unit of time (on the horizontal axis) .
C) price (on the horizontal axis) and quantity (on the vertical axis) .
D) price (on the horizontal axis) and quantity per unit of time (on the vertical axis) .
Correct Answer:
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