Interactive Graph Lab 1: Supply & Demand

Use the four-step method to trace how a market moves to a new equilibrium, and watch the pressure that gets it there.

Scenario:

Step 1

Which curve moves?

Step 2

Which direction?

Step 3

Shift it, see the pressure

Step 4

Read the new equilibrium

Demand

Supply

Original curve

P* = $50 | Q* = 200

Demand shifts with buyer income and tastes

← demand falls | demand rises →

Supply shifts with input costs and technology

← supply falls | supply rises →

Work through the four steps using the buttons above the graph.

If interactivity does not work inside Canvas, host this HTML file externally (Google Drive publish, OneDrive, GitHub Pages, or district web space) and embed it with an iframe on a Canvas Page.