Demand Analysis Diagrams
1. Shift in Demand (Increase & Decrease)
Economic Effect & Status
Initial Equilibrium
Operating Point A: (Price = 50, Quantity = 50)
Baseline market demand state.
Price Level (P)
50 Units
Quantity Demanded (Q)
50 Units
2. Movement Along Demand Curve (Contraction & Extension)
Economic Effect & Status
Initial Equilibrium
Operating Point A: (Price = 50, Quantity = 50)
Baseline market demand state.
Price Level (P)
50 Units
Quantity Demanded (Q)
50 Units
