Copyright (c) Christopher Makler /
econgraphs.org
Individual and Market Supply and Demand
Snap to equilibrium
Hide
shortage/surplus
0
2
4
6
8
10
0
10
20
30
40
I
n
d
i
v
i
d
u
a
l
Q
u
a
n
t
i
t
y
D
e
m
a
n
d
e
d
\text{Individual Quantity Demanded}
I
n
d
i
v
i
d
u
a
l
Q
u
a
n
t
i
t
y
D
e
m
a
n
d
e
d
P
r
i
c
e
\text{Price}
P
r
i
c
e
P
P
P
d
d
d
q
D
q^D
q
D
0
100
200
300
400
500
0
10
20
30
40
M
a
r
k
e
t
Q
u
a
n
t
i
t
y
S
u
p
p
l
i
e
d
a
n
d
D
e
m
a
n
d
e
d
\text{Market Quantity Supplied and Demanded}
M
a
r
k
e
t
Q
u
a
n
t
i
t
y
S
u
p
p
l
i
e
d
a
n
d
D
e
m
a
n
d
e
d
P
r
i
c
e
\text{Price}
P
r
i
c
e
P
P
P
D
D
D
S
S
S
Q
D
Q^D
Q
D
Q
S
Q^S
Q
S
Q
E
Q^E
Q
E
s
u
r
p
l
u
s
\text{surplus}
s
u
r
p
l
u
s
0
2
4
6
8
10
0
10
20
30
40
I
n
d
i
v
i
d
u
a
l
Q
u
a
n
t
i
t
y
S
u
p
p
l
i
e
d
\text{Individual Quantity Supplied}
I
n
d
i
v
i
d
u
a
l
Q
u
a
n
t
i
t
y
S
u
p
p
l
i
e
d
P
r
i
c
e
\text{Price}
P
r
i
c
e
P
P
P
s
s
s
q
S
q^S
q
S
demand shifters
I
=
1
0
0
:
I = 100:
I
=
1
0
0
:
64
100
144
225
N
C
=
6
4
:
N_C = 64:
N
C
=
6
4
:
36
64
81
100
144
q
D
(
P
)
=
1
4
I
P
=
1
4
1
0
0
2
0
.
0
0
=
1
.
2
5
q^D(P) = \frac{\frac{1}{4}I}{P} = \frac{ \frac{1}{4}100 }{ 20.00 } = 1.25
q
D
(
P
)
=
P
4
1
I
=
2
0
.
0
0
4
1
1
0
0
=
1
.
2
5
Q
D
(
P
)
=
N
C
×
q
D
(
P
)
=
6
4
×
1
.
2
5
=
8
0
Q^D(P) = N_C \times q^D(P) = 64 \times 1.25 = 80
Q
D
(
P
)
=
N
C
×
q
D
(
P
)
=
6
4
×
1
.
2
5
=
8
0
q
S
(
P
)
=
P
w
=
2
0
.
0
0
4
=
5
.
0
0
q^S(P) = \frac{P}{w} = \frac{ 20.00 }{ 4 } = 5.00
q
S
(
P
)
=
w
P
=
4
2
0
.
0
0
=
5
.
0
0
Q
S
(
P
)
=
N
F
×
q
S
(
P
)
=
6
4
×
5
.
0
0
=
3
2
0
Q^S(P) = N_F \times q^S(P) = 64 \times 5.00 = 320
Q
S
(
P
)
=
N
F
×
q
S
(
P
)
=
6
4
×
5
.
0
0
=
3
2
0
supply shifters
w
=
4
:
w = 4:
w
=
4
:
1
4
9
16
25
N
F
=
6
4
:
N_F = 64:
N
F
=
6
4
:
36
64
81
100
144