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Individual Demand and Market Demand
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Individual Demand and Market Demand
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3. Supply and Demand / Individual Demand and Market Demand / Problem 3
Problem 3
Why is it important to label the axes correctly when graphing demand curves?
A
To accurately interpret the relationship between price and quantity demanded.
B
To confuse the viewer.
C
To make the graph easier to draw.
D
To ensure the graph looks aesthetically pleasing.
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