1. Course Skills You'll Learn
Model Economic Situations Using Graphs Or Visual Representations — Quiz
Test your understanding of model economic situations using graphs or visual representations with 5 practice questions.
Practice Questions
Question 1
What is the main purpose of a graph in microeconomics?
Question 2
On a standard market graph, what does the vertical axis usually measure?
Question 3
If the demand curve shifts to the right, what usually happens?
Question 4
What does a movement along a demand curve usually show?
Question 5
Why do economists use models and graphs?