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How do I create a 'Supply and Demand' style chart in Excel?


If you need to produce a 'supply and demand' style chart using Excel, the following procedure for Excel 2013 and Excel 2010 could be useful:

1. Open a new Excel spreadsheet and enter the data in a table as shown in this example.

Excel FAQ 2227 1

2. From the Insert tab, Chart group, choose Scatter and click on the icon for Scatter with Straight Lines (if you hover over the icon, the full description is shown).

Excel FAQ 2227 2

3. A chart will then appear with the familiar shape of the Supply and Demand diagram. However, the Price values are, by default, shown on the X-axis. The usual convention is to put the Price on the Y-axis and the following steps show how to switch the values around.

Excel FAQ 2227 3

4. Right-click on the chart and choose Select Data from the mini menu.

Excel FAQ 2227 4

5. Highlight the first row of data (Qs in this example) and then click on Edit.

Excel FAQ 2227 5

6. Delete the contents of the boxes for the X and Y axes.

Excel FAQ 2227 6

7. With the cursor in the box for the Y-axis values, highlight the price values in your table.

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8. Now click into the box for the X-axis values and highlight the supply values in the table (Qs in the example shown) and click OK.

Excel FAQ 2227 8

9. Repeat steps 5 to 8 for the second row of data (Qd) and when you click on OK, you will see that the chart has been rearranged with values for Price listed on the Y-axis.

Excel FAQ 2227 9

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Created by David Guest on 29 October 2010 and last updated by Paul Ryan on 18 August 2015