Price Ceiling (Supply & Demand)
A binding price ceiling causing a shortage.
Make it your own.
title "Price ceiling"
type supply-demand
supply slope 1.0 intercept 10
demand slope -1.0 intercept 100
label "Ceiling below P* causes a shortage"
A binding price ceiling causing a shortage.
title "Price ceiling"
type supply-demand
supply slope 1.0 intercept 10
demand slope -1.0 intercept 100
label "Ceiling below P* causes a shortage"