Wiki User
∙ 10y agowhich is true about the functional relationship shown in the graph
india.hale
Wiki User
∙ 14y agoHow is equilibrium shown on a supply and demand graph ?
Wiki User
∙ 14y agoit is true
supply and demand curve for hybrid vehicles
A perfectly elastic demand is represented on the traditional supply and demand graph with a straight horizontal line. An elastic demand that is not perfect would be represented as any line with a slope between 0 and -1.
buang ka
Graph
If a seller increase supply without changes in demand, his business will not last. He will have more supply than demand.
supply and demand curve for hybrid vehicles
A perfectly elastic demand is represented on the traditional supply and demand graph with a straight horizontal line. An elastic demand that is not perfect would be represented as any line with a slope between 0 and -1.
buang ka
Graph
If a seller increase supply without changes in demand, his business will not last. He will have more supply than demand.
The demand / supply graph is designed to have supply on the vertical axis (Y) and demand on the horizontal (X). Thus you will have a higher supply = lower demand, or lower supply = high demand.