A mobile phone repairer is drawing a supply curve from a supply schedule. The horizontal axis is labelled 'Price per repair' and the vertical axis is labelled 'Quantity of repairs supplied per week'.
What should the repairer do with the axis labels before plotting the supply curve?
Keep the horizontal label and replace the vertical label with 'Repairs completed per week'
Replace the horizontal label with 'Cost per repair' and keep the vertical label
Keep both existing axis labels in their current positions
Exchange the two existing axis labels
81 exam-style questions on OCR GCSE Economics 2.3 Supply, covering 2.3.1 What is supply, 2.3.2 Draw a supply curve using data, 2.3.3 Explain a supply curve, 2.3.4 Shifts and movements of the supply curve, 2.3.5 Causes and consequences of supply changes, 2.3.6 Price elasticity of supply, 2.3.7 Draw supply curves of different elasticity, and 2.3.8 Importance of price elasticity of supply. Each one has a worked solution and a mark scheme showing where the marks go.