How to Make Supply & Demand Figures in Excel. Microsoft Excel provides several types of figures to display supply and demand information. The type of chart you use depends on what kind of analysis ...

Learn about the fundamental concept of supply and demand and how it relates to individual daily purchases.

The demand curve is one of the lines on a supply and demand graph. It represents various levels of consumer demand for a product at different prices. At high prices, demand is generally low.

The price elasticity of a product describes how sensitive suppliers and buyers are to changes in price. It doesn't change in relation to supply and demand, but it defines the slope of each curve.

The relationship between supply, demand, and price is one of the most important in economics, and it informs business decisions and public policy.