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
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2
Q

When plotting a demand curve graph what should you write

A
  • State the original ā€œEā€ 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 ?
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