How to structure supply and demand Graphs Flashcards
1
Q
Where to collect marks when plotting the Graphs
A
Plot the X & Y axis (Y to the sky) X ->
- Write an appropriate title (1 Mark)
- Remember to correctly label demand and supply curve
2
Q
When plotting a demand curve graph what should you write
A
- State the original āEā point
- (State what has happened (relevant to the question))
- State whether there is an excess of supply of demand
- State whether there is upward or downward pressure in the market
- how does this impact the consumers ?