When a demand schedule is drawn in a graph:
A)price is measured on the vertical axis.
B)quantity is measured on the horizontal axis.
C)other variables are held constant.
D)all of the above are correct.

Question

When a demand schedule is drawn in a graph:
A)​price is measured on the vertical axis.
B)​quantity is measured on the horizontal axis.
C)​other variables are held constant.
D)​all of the above are correct.

Quizplus · Accepted Answer

All of the statements are correct. In a demand schedule graph, price is usually measured on the vertical axis, quantity on the horizontal axis, and other variables are held constant to represent the relationship between price and quantity demanded.

When a Demand Schedule Is Drawn in a Graph