The diagram shows a market supply curve (S). [Figure 7.1] What is measured on the X-axis and the Y-axis?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
✓ Correct answer
B: X-axis: quantity, Y-axis: price
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill The price system and the microeconomy and see which topics are most likely to come up next.
Sign up free →