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