See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
Where quantity demanded equals quantity supplied
Market clearing price
Price × Quantity (P × Q)
Price rises, quantity rises
Price falls, quantity rises
Price falls, quantity falls
Price rises, quantity falls
Price below equilibrium; Qd > Qs (shortage)
Price above equilibrium; Qs > Qd (surplus)
When supply and demand are not equal
Select your subjects, and get access to A+ resources today.