How do you label a demand curve?

If you’re showing changes in supply or demand, be sure to label initial curves and new curves with numbers indicating the order of a change. For example, label an initial demand curve D 1 An equilibrium price and an equilibrium quantity: These should be labeled as indicated in the prompt.

What is a money market graph?

The money market is a variation of the market graph. ” for the quantity of money. Always label equilibrium interest on the vertical axis, NOT in the interior. Use arrows to indicate the direction of a change and numbers to indicate the order of the change. For example, the graph below indicates that the money supply increased from S M 1

What is the standard convention for graphs?

This is the standard convention for graphs. In economics, we commonly use graphs with price (p) represented on the y-axis, and quantity (q) represented on the x-axis. An intercept is where a line on a graph crosses (“intercepts”) the x-axis or the y-axis. Mathematically, the x-intercept is the value of x when y = 0.