Economics Demand Supply Diagram
A demand and supply diagram plots how price and quantity interact in a market, revealing the equilibrium point where buyers and sellers agree. It's a staple visual for economics courses, textbooks, and market analysis presentations. Tip: shade consumer and producer surplus separately to make welfare analysis easier to explain.
The prompt behind this diagram
Create an economics diagram showing supply and demand curves on a price-quantity graph. Include a downward-sloping demand curve, an upward-sloping supply curve, their intersection point labeled as equilibrium price and equilibrium quantity, axis labels for Price and Quantity, a shaded area representing consumer surplus above the equilibrium price and below the demand curve, and a shaded area representing producer surplus below the equilibrium price and above the supply curve. Include a shifted demand curve example showing the effect of increased consumer income.
Paste your own description (or Terraform / docker-compose / SQL schema) into draft1 and get a diagram like this for your exact system.
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