Price Qd Qs Qs'

6 500 4000 3500

5 1000 3500 3000
4 1500 3000 2500
3 2000 2500 2000 Equilibrium Price & Quantity Graph
2 2500 2000 1500
7
1 3000 800 300
6
5
5
4
4
3

Price
3
2
2
1
1

0
0 500 1000 1500 2000 2500 3000 3500
Quantity Demanded & Quantity Supplied

The equilibrium price is $2.5, and the quanity demanded and supplied is
ce & Quantity Graph

2000 2500 3000 3500 4000 4500

manded & Quantity Supplied

nity demanded and supplied is 2250 units. The above graph shows that at price $2.5, the demand curve intersects the supply curve, which
rsects the supply curve, which means that at this price level both the quantity demanded and supplied is equal.