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Supply and Demand Curve

Supply and Demand Curve

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BlackNumero posted on Sun, Jun 21 2009 10:01 PM

Basic question-Why is Quantity on the x axis and Price on the Y axis? Thanks.

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laminustacitus replied on Sun, Jun 21 2009 10:08 PM

Arbritary choice, it could easilly be the opposite, but tradition dictates that quantity is on the x-axis, and price is on the y-axis.

Abstract liberty, like other mere abstractions, is not to be found.

          - Edmund Burke

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MatthewWilliam replied on Sun, Jun 21 2009 10:25 PM

You mean "horizontal axis" and "vertical axis", right. Wink

Austrians do it a priori

Irish Liberty Forum 

 

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laminustacitus replied on Sun, Jun 21 2009 10:30 PM

MatthewWilliam:

You mean "horizontal axis" and "vertical axis", right. Wink

No, I mean x-axis, and y-axis. Stick out tongue

Abstract liberty, like other mere abstractions, is not to be found.

          - Edmund Burke

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