In a traditional Demand-Supply diagram, the graph has _____ and _____ in X and Y axes respectively.
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Question:
In a traditional Demand-Supply diagram, the graph has _____ and _____ in X and Y axes respectively.
In the Production Possibilities Model, the graph has ______ and ______ in X and Y axes respectively.
a. Price and Quantity; Output B and Output A
b. Quantity and Price; Input A and Output B
c. Quantity and Price; Output A and Output B
d. Quantity and Price; Input A and Input B
e. Price and Quantity; Output A and Output B
Related Book For
Microeconomics
ISBN: 978-0321866349
14th canadian Edition
Authors: Christopher T.S. Ragan, Richard G Lipsey
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