For Students · Supply & Demand
Supply & Demand for a labor market
Built for students learning it for a class or exam. See the concept move instead of memorizing formulas — and check your homework intuition. Simulate a labor market live below — adjust the inputs and watch it respond, right in your browser.
Supply & DemandLive
market equilibrium & surplus
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Where the downward demand curve crosses the upward supply curve, the market clears: that price and quantity are the equilibrium. Shifting either curve moves it. The shaded triangles are consumer and producer surplus — the total gains from trade. A per-unit tax lifts the supply curve, raising price, cutting quantity, and creating deadweight loss.
Data Inspector
Equilibrium price$60.0
Equilibrium qty40.0
Consumer surplus800
Producer surplus800
Governing equation
Reading this result: At the free-market equilibrium of $60.0, 40.0 units clear and the combined surplus (1600) is maximized.
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- Yes — this version of "Supply & Demand for a labor market" is framed for students learning it for a class or exam. See the concept move instead of memorizing formulas — and check your homework intuition.
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