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Shifts in Demand and Supply and their effect on Market Price Demand Away (increases) Price S 1. Demand curve shifts from D0 to D1. P1 2. ∆Qs; movement along the Supply Curve. P0 D0 0 Q0 Q1 D1 Quantity 3. Price ↑ from P0 to P1. 4. Quantity ↑ from Q0 to Q1. Shifts in Demand and Supply and their effect on Market Price Demand Towards (decreases) Price S 1. Demand curve shifts from D0 to D1. 2. ∆Qs; movement along the Supply Curve. P0 P1 3. Price ↓ from P0 to P1. D1 0 Q1 Q0 D0 Quantity 4. Quantity ↓ from Q0 to Q1. Shifts in Demand and Supply and their effect on Market Price Supply Away (increases) Price S0 1. Supply curve shifts S1 from S0 to S1. 2. ∆Qd; movement along the Demand Curve. P0 P1 3. Price ↓ from P0 to P1. D0 0 Q0 Q1 Quantity 4. Quantity ↑ from Q0 to Q1. Shifts in Demand and Supply and their effect on Market Price Supply Towards (decreases) S1 Price S0 P1 P0 1. Supply curve shifts from S0 to S1. 2. ∆Qd; movement along the Demand Curve. 3. Price ↑ from P0 to P1. D0 0 Q1 Q0 Quantity 4. Quantity ↓ from Q0 to Q1.
