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What Is the Correct Way to Label the Axis on a Graph

Question 86

Multiple Choice

What is the correct way to label the axis on a graph which illustrates a demand curve?


A) Income on the horizontal axis and price on the vertical axis.
B) Price on the horizontal axis and income on the vertical axis.
C) Quantity on horizontal axis and price on the vertical axis.
D) Price on horizontal axis and quantity on the vertical axis.

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