Understanding Shifts in Demand and Supply
This lesson explores how changes in factors other than price can shift the
demand and supply curves, changing the market
equilibrium. Use the controls to move either curve left or right and observe
how the equilibrium price and quantity respond to each shift.
How to Use the Playground
- Use the controls to shift the demand curve left or right.
- Use the controls to shift the supply curve left or right.
- Watch the equilibrium point move automatically as the curves shift.
- Observe how equilibrium price and quantity change when demand or supply increases or decreases.