Two-dimensional graphs have a horizontal and a vertical axis and are used in economics to illustrate
A)relationships between two economic variables.
B)one variable.
C)a flow chart.
D)a pie chart.

Question

Quizplus · Accepted Answer

Two-dimensional graphs are commonly used in economics to illustrate the relationship between two economic variables, such as supply and demand or price and quantity. The horizontal axis typically represents one variable, while the vertical axis represents the other variable.

Two-Dimensional Graphs Have a Horizontal and a Vertical Axis and Are