Consumer, Producer, and Economic Surplus Interactive Sandbox
Understand the concept of consumer, producer, and economic surplus.
Supply and Demand Curves
Demand Intercept30
Demand Slope1
Supply Intercept3
Supply Slope1
The Market for Apples
Supply (S) Demand (D)
Producer Surplus (PS) Consumer Surplus (CS) Economic Surplus (ES)
The market's equilibrium price is $16.50 and its equilibrium quantity is $13.50.