anyone on here taken ap economics? if so please help, just basic things
do you remember how to draw supply and demand graphs
Yea, umm, there are two axises, horizontal representing quantity (Q) and vertical price (P) To plot demand curve mark two points with coordinates Q=0 ; P=30 and Q=60 ; P=0, and connect these points by straight line. To plot supply curve mark two points with coordinates Q=10 ; P=0 and Q=40 ; P=10, and connect these points by straight line. Dunno if this made sense but hope it helps..
lol i know but like if i give u a problem will u know like how to draw out the deamdn and supply curves
I dunno wats the problem
(iPhones) Apple lowers the price of the iPhone 4s
we have to make a supply and demand graph with the curves and explain what happens to equilibrium quantity and equilibrium cost
I don't really know how to explain it check this website out helped me out sometimes - http://theprofessornotes.com/archives/224
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