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Economics
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Price Controls
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Advanced Editor
📈 Economics
← Standard view
Scale Graph to Fit Data
Copy
PNG ↓
Labels
Graph title
X-axis label
Y-axis label
Axis Bounds
X-Axis
to
Y-Axis
to
Apply
Equations
Demand
P =
Supply
P =
Parameters
Control Price
Update Graph
Enter as
a − bQ
or
a + bQ
. Press Enter or click Update.
Key Concepts
•
Price ceiling:
maximum legal price set below P* — causes a shortage (Qd > Qs)
•
Price floor:
minimum legal price set above P* — causes a surplus (Qs > Qd)
• Controls prevent the market from clearing at equilibrium, creating inefficiency
Legend
Show Legend
Yes
No
Size
10