What Is the Correct Way to Label the Axis on a Graph

question 86

Multiple Choice

What is the correct way to label the axis on a graph which illustrates a demand curve?

• A)Income on the horizontal axis and price on the vertical axis.
• B)Price on the horizontal axis and income on the vertical axis.
• C)Quantity on horizontal axis and price on the vertical axis.
• D)Price on horizontal axis and quantity on the vertical axis.

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Definitions:

Kelly's Conception

A psychological theory proposed by George Kelly, focusing on personal constructs as fundamental elements in understanding and predicting human behavior.

Personal Construct Theory

A psychological theory that suggests individuals develop personal constructs about how the world works, which they then use to interpret events.

Human Personality

A complex set of characteristics, behaviors, and emotional patterns derived from both genetic and environmental influences.

Cognitive Representations

Mental models or mental images of the world that individuals use to interpret and interact with their surroundings.