Explore how Demand and Supply determine prices. Use the sliders to simulate market changes.
Equilibrium price is where Quantity Demanded (Qd) equals Quantity Supplied (Qs).
If Price is too low, buyers want more than is available.
Real World:concert tickets sell out instantly, scalpers raise prices.
If Price is too high, sellers have unsold stock.
Real World: Clothing stores have "End of Season Sales" to clear inventory.