Market Demand Curve and Price Elasticity
Not what you're looking for?
In ref to my previous question
apples rises from $3 a pound to $3.45 and your consumption of apples drops from 30 apples a month to 21 apples
basically which would represent the X axis and which would represent the Y axis
or can a graph be created to chart
Purchase this Solution
Solution Summary
The expert examines market demand curve and price elasticity.
Purchase this Solution
Free BrainMass Quizzes
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.