A Level Economics (9708)•9708/11/O/N/24

Explanation
Axes and values for SRAS graph Steps:
- Identify SRAS as upward-sloping curve relating price level to real output.
- Place price level on vertical axis, real output on horizontal axis.
- Use positive scales for both axes to reflect economic realities.
- Label axes accurately to show positive relationship.
Why D is correct:
- Standard SRAS graph uses positive price level (y-axis) and real output (x-axis), per macroeconomic conventions for depicting short-run supply.
Why the others are wrong:
- A: "Quantity" is vague and incorrect; real output needed, and negative values invalid for economic variables.
- B: Negative real output impossible; output levels are always positive.
- C: Reversed order confuses axes; price level must be vertical, not "real output price."
Final answer: D
Topic: Aggregate Demand and Aggregate Supply analysis
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