Put Both Curves Together
Put Both Curves Together
Draw price on the vertical axis, labelled P, and quantity on the horizontal axis, labelled Q. Use one set of axes so quantity demanded and quantity supplied can be compared at the same price.
Step-by-step lessons on OCR GCSE Economics 2.4.3 Draw the interaction of demand and supply. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.