Introductory-level economics uses supply and demand curves to identify the "ideal" price for a product, service or other economic activity. In Econ 101, these curves assume that the economy is working ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

Every businessperson should be familiar with the the basic laws governing supply and demand, and there is no better place to start than the demand curve. This curve is a pictorial representation of ...

In supply and demand diagrams, it appears as the triangular area between the demand curve and the market price line (see ... "Consumer's Surplus." Dying Economy. "Consumer Surplus Graph, Formula & ...