m



m  m 
m

m

mm 
m
mmm
m

m
m m 

m  
m m
m 

u Itis a market
condition
where quantity
supplied
equals
quantity
demanded.
àquilibrium shows the agreement between the
seller and buyer in terms of price and quantity of
the product.
 `m 

mmm
 price level that both
u áhe
buyers and sellers agree to
have a transaction in the
market.
 Using this given function of
Demand and Supply, Price
equilibrium can be computed.

—s = —d
-22 + 11P = 83 ² 4P
—d = 83 + 22 = —s = 11P + 4P
—d = 105 = —s = 15P
105 = 15P
105 / 15 = 7

—d = —s
83 ² 4P = -22 + 11P
83 + 22 = 11P + 4P
105 = 15P
7=1
u It refers to the
quantity of
products that
buyers and sellers
are willing to
transact at a
specified price.
 þ
þ 
 
 



8
7
6
5
4
75
3
100
2
1
0
Category Category
1 2
u is the income of individuals
increase, their demand increases too.

Divisoria, Manila
u If an individual enjoys and is
satisfied with the products he
consumes, his demand will
increase. But when he reached
the situation point in consuming
such products, his demand will
increase.

u When this happens, the price

of the product will decrease in
order to sell the excess supply.
u 2
 


 




 










 




u 2
















 


 





u á

 

 





















 



  






 




 
á