How should you plot a supply curve on a coordinate system diagram?
A) Quantity goes on the horizontal axis and price goes on the vertical axis.
B) Quantity goes on the vertical axis and price goes on the horizontal axis.
C) Both quantity and price go on the horizontal axis.
D) It doesn't matter which axis price and quantity are placed on.

Question

Quizplus · Accepted Answer

In a supply curve, the quantity supplied is typically plotted on the horizontal axis, and the price is plotted on the vertical axis. This convention allows for easy comparison with demand curves, where the same axes are used.

How Should You Plot a Supply Curve on a Coordinate