Question #1531
Hi,
In graphing supply and demand, why do we place Price on the vertical axis and Quantity on the horizontal, and not vice versa? In other words, why do we graph the inverse demand function as opposed to the demand function?
Ahmad
In graphing supply and demand, why do we place Price on the vertical axis and Quantity on the horizontal, and not vice versa? In other words, why do we graph the inverse demand function as opposed to the demand function?
Ahmad
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#339914 on Dec 2023
#339914 on Dec 2023
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