For Researchers · Supply & Demand
Supply & Demand for a minimum wage
Built for researchers prototyping or validating an idea. Prototype fast, reproduce exactly, and share a citable, interactive version of your model. Simulate a minimum wage live below — adjust the inputs and watch it respond, right in your browser.
Supply & DemandLive
market equilibrium & surplus
Controls
Presets
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.
Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.
More with Supply & Demand
Frequently asked questions
- Is this good for researchers?
- Yes — this version of "Supply & Demand for a minimum wage" is framed for researchers prototyping or validating an idea. Prototype fast, reproduce exactly, and share a citable, interactive version of your model.
- Do I need to install anything?
- No. It runs in any modern browser, free, with no account required.