In the first graph, the D curve states that as the price of the goods or services decreases, the quantity

demanded increases. As we compare the D curve with the D1 curve, we can state the fact that quantity
demanded increases as the curve is shifting rightward yet the price stays still the same. The S curve
intersects the graph passing the D and D1 curve which represents the law of supply which states that as
the price increases, the quantity supplied increases as well. On the D curve, the market equilibrium is
represented by the point that stands at the intersection of Q1 and and P1 and compared to the D1, the
result is a higher equilibrium price at the intersection of P2 and Q2. The increasing shift of the
equilibrium from P1 to P2 as the quantity supplied increases describe the mutual relationship of the
two.

In the second graph, the S curve states that as the price of the goods or services increases, the quantity
supplied increases. As we compare the S curve with the S1 curve, we can state the fact that quantity
supplied increases as the curve is shifting rightward yet the price stays still the same. The D curve
intersects the graph passing the S and S1 curve which represents the law of demand which states that as
the price increases, the quantity demanded decreases. On the S curve, the market equilibrium is
represented by the point that stands at the intersection of Q1 and and P2 and compared to the S1, the
result is a higher equilibrium price at the intersection of P and Q2. The decreasing shift of the
equilibrium from P2 to P as the quantity supplied increases describe the reverse relationship of the two.