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3 fill in the blank 2 points graphing basics in economics we use the (u…

Question

3 fill in the blank 2 points graphing basics in economics we use the (up, over) graphing method. this means the y axis is answer and the x axis is answer . options: price, market, quantity, demand

Explanation:

Brief Explanations

In economics, the (up, over) graphing method for supply - demand or basic economic graphs has the y - axis representing the price (the "up" variable, as price is often the vertical axis variable) and the x - axis representing the quantity (the "over" variable, as quantity is the horizontal axis variable in typical economic graphs). The other options: "market" is not typically an axis variable, and "demand" is a curve or function, not an axis label in the basic (up, over) graphing for axes.

Answer:

The y axis is price and the x axis is quantity.