Demand Shift in Supply-Demand Equilibrium: Graph Explained #3661137 (License: Personal Use)

The image displays a standard microeconomic supply-demand model with upward-sloping supply (S) and downward-sloping demand curves (D₁ and D₂). A rightward shift from D₁ to D₂-indicating increased demand-results in a new equilibrium at higher price P₂ and quantity Q₂. Dashed lines highlight the original and new equilibrium points for clarity.

Used in economics education, textbooks, and online learning platforms to teach market equilibrium dynamics; matches user intent for understanding demand shocks, price elasticity, or real-world market adjustments (e.g., post-pandemic demand surges).