Price and Demand
P
Q
Demand
Input: Price =
100
Output: Quantity =
100
Adjust price by moving the slider.
Note that as the input (price) changes.
the quantity sold also changes.
At high prices a low quantity is sold.
At low prices a high quantity is sold.
Note that as the input (price) moves, the quantity sold changes.
At high prices a low quantity is sold.
At low prices a high low quantity is sold.