IB DP Microeconomics · SL & HL

Market equilibrium

Drag the demand or supply curve sideways to shift it, and drag the dashed price line off the crossing point to see a surplus or shortage appear — then watch why price gets pushed back.

PQDS2864
At this price
market clears
Qd / Qs
64 / 64
Equilibrium P*, Q*
28, 64

Above the crossing point, sellers offer more than buyers want — a surplus pushes price down. Below it, buyers want more than sellers offer — a shortage pulls price up. Drag the curves to shift demand or supply and watch the equilibrium move.