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    Demand & Supply Graphs

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    Please draw these four graphs carefully as you would for a workplace memo. There are no equations or numbers in this exercise.

    1.Demand increases; Supply increases. [Both curves move in the same direction.]

    a.Demand increases more than Supply increases. (i.e. the D curve shifts more to the right than the Supply curve shifts to the right.)

    b.Demand increases less than Supply increases.

    2.Demand increases; Supply decreases. [Each curve moves in the opposite direction.]

    a.Demand increases more than supply decreases.

    b.Demand increases less than supply decreases.

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    Solution Summary

    Demand and supply graphs are depicted. The demand increases less than supply increases are examined.