Basic Supply and Demand

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Uploaded by on Jul 5, 2009

http://demonstrations.wolfram.com/BasicSupplyAndDemand/

The Wolfram Demonstrations Project contains thousands of free interactive visualizations, with new entries added daily.

This is a basic supply and demand diagram for the purpose of teaching an introductory microeconomics class. The upward-sloping line is the supply curve, while the downward-sloping line is the demand curve. P^e and Q^e represent the equilibrium price and...

Contributed by: Mark Gillis

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