WOLFRAM NOTEBOOK

WOLFRAM|DEMONSTRATIONS PROJECT

Basic Supply and Demand

​
demand intercept
8
demand slope
-1
supply intercept
2
supply slope
1
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.
e
P
and
e
Q
represent the equilibrium price and quantity. Inverse functions were used in building this model.
Wolfram Cloud

You are using a browser not supported by the Wolfram Cloud

Supported browsers include recent versions of Chrome, Edge, Firefox and Safari.


I understand and wish to continue anyway »

You are using a browser not supported by the Wolfram Cloud. Supported browsers include recent versions of Chrome, Edge, Firefox and Safari.