The market starts in equilibrium at point x. Shift the supply and demand curves and watch where the equilibrium moves — then test yourself on the four scenarios below.
Based on Question 3, Economics for Business (Sloman, Garratt, Guest & Jones).
Click a scenario: the curves shift on the diagram. Predict the letter first, then read the answer.
Built by Dr Kasra Kassai, LSBU Business School · drkassai.com