Copyright 2002 TecEd

Supply and Demand


e home
Learning and Practice
Market Competition
Markets at work
Market Price 1
Market Price 2
Market Price 3

S & D analysis

Supply and Demand analysis means thinking about what will happen to the market price if supply and demand change i.e. if the conditions of supply and demand change. Look at the four diagrams below:

Supply shifts to the left

Demand shifts to the left

Demand shifts to the right

Supply shifts to the right

Task
In each of the above diagrams, what is happening to the market price and quantity?