Price Floor

Learn about the concept of a price floor and the impact it can have on pricing, consumer demand, and production. Continue reading

Price Ceiling

This Cramlet explains the concept of the price ceiling and the impact it can have on pricing, consumer demand, and production. Continue reading

Price Elasticity of Demand – Standard

The price elasticity of demand is used to learn how much of a change will occur to the demand quantity when the price changes. Learn how price elasticity of demand works with this interactive tutorial. Continue reading

Equilibrium Curve – The Effects of Price

The supply and demand curve equilibrium shows the point of a balanced market where the supply curve intersects the demand curve. Learn how changes in price affects the equilibrium in this interactive tutorial. Continue reading

Equilibrium Curve – Shifting the Curve

The supply and demand curve equilibrium shows the point of market equilibrium where the supply curve and demand curve intersect. Learn about how changes in one curve affects the other with this interactive tutorial. Continue reading

Demand Curve – Shifting the Curve

The demand curve shows how price can affect the quantity demanded of a product or service. Learn about the concept of demand and the how the demand curve shifts with this interactive tutorial. Continue reading

Demand Curve – Moving Along the Curve

The demand curve shows how price can affect the quantity demanded of a product or service. Learn about the concept of demand and movement along the demand curve with this interactive tutorial. Continue reading