Supply and Demand Equilibrium Graph - Economics Fundamentals #226844 (License: Personal Use)

This hand-drawn economic graph illustrates the classic intersection of a downward-sloping demand curve (blue) and an upward-sloping supply curve (red), with labeled axes for price (P) and quantity (Qd). Key points include equilibrium price Pe and quantity Qc, plus non-equilibrium points at (q₁, p₁) and (q₂, p₂) demonstrating surplus and shortage. Dashed lines highlight vertical and horizontal projections to clarify coordinate relationships.

Used in introductory economics courses, textbooks, and online learning platforms to teach market equilibrium concepts; matches user intent for visual understanding of how prices and quantities are determined in competitive markets.