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In this video tutorial, the presenter demonstrates how to graph supply and demand in Excel to create an accurate economics graph. The data includes prices, quantity demanded, and quantity supplied at those prices. The process starts by highlighting the data and selecting the scatter plot option for graph creation. The presenter notes that the x-axis represents price and the y-axis represents quantity. To comply with proper scientific conventions, the x-axis should display the independent variable (price). The steps include right-clicking the graph, selecting data, and adjusting the axes by highlighting the quantity demanded.
