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When drawing a supply curve, we always place on the vertical axis and supplied on the horizontal axis. (Use one word for each blank.)

Sagot :

When drawing a supply curve, we always place price on the vertical axis and quantity supplied on the horizontal axis.

What is a supply curve?

A supply curve can be defined as a type of chart that is used to graphically represent the total quantity of goods or services that are supplied to consumers at a given price.

As a general in Economics, you should always place price on the vertical axis and quantity supplied on the horizontal axis when drawing a supply curve.

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