In graph of market demand, the products resulting demand is written on __________?
Correct answer: B. vertical axis
- A. market equilibrium point
- B. vertical axis
- C. horizontal axis
- D. Company's equilibrium point
Explanation
In a market-demand graph, the resulting level of demand is conventionally plotted on the vertical axis, while the influencing variable, such as marketing expenditure, is placed on the horizontal axis.
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