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Supply and Demand - Coggle Diagram
Supply and Demand
Supply
Law of Supply
Supply Schedule
Supply Curve
Shifts
Input prices
Technology
Expectations
Number of sellers
Types of Supply
Individual supply
Market supply
Market
Buyers = demand
Sellers = supply
Competition
Perfect
Monopoly
Oligopoly
Monopolistic
Demand
Demand Schedule
Demand Curve
Shifts
Consumer income
Normal good
Inferior good
Prices of related goods
Substitutes
Complements
Taxes
Expectations
Number of buyers
Types of Demand
Market Demand
Individual Demand
Controls on prices
Price ceiling
not binding
binding
shortages
nonprice rationing
Price floor
Not binding
Binding
Surplus
Nonprice rationing
Taxes
Tax incidence
Elasticity
Market + supply
Equilibrium
Equilibrium price
Equilibrium quantity
Types
Surplus
Shortage