When Drawing a Demand Curve

question 361

Multiple Choice

When drawing a demand curve,

• A) demand is on the vertical axis and price is on the horizontal axis.
• B) quantity demanded is on the vertical axis and price is on the horizontal axis.
• C) price is on the vertical axis and demand is on the horizontal axis.
• D) price is on the vertical axis and quantity demanded is on the horizontal axis.

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Definitions:

OOS Flags

OOS Flags, referring to "Out Of Service" flags, are indicators used in various fields, especially in transportation and equipment maintenance, to signal that a vehicle, machine, or system is not operational and should not be used until it is repaired or deemed safe.

Trailers Chassis Systems

The structural framework of trailers, including the axles, wheels, and suspension systems, that supports the load and provides stability.

Tread Depth

The measurement from the top of a tire's tread to the deepest groove, indicating how much tread remains on a tire.

OOS

Out Of Service; indicating that a device, system, or piece of equipment is not currently operational or fit for use.