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A Supply And/or Demand Graph Typically Shows

Question 16

Multiple Choice

A supply and/or demand graph typically shows:


A) the price of the good on the horizontal axis and the quantity of the good on the vertical axis.
B) the quantity of the good on the horizontal axis and the price of the good on the vertical axis.
C) supply or demand of the good on the horizontal axis and price of the good on the vertical axis.
D) price of the good on the horizontal axis and supply or demand of the good on the vertical axis.

Correct Answer:

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