Example_Simulating_Supply_and_Demand_Curves.ipynb

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        "import numpy as np\n",
        "import matplotlib.pyplot as plt\n",
        "\n",
        "# Parameters for supply and demand curves\n",
        "price = np.linspace(0, 100, 200)  # Price range\n",
        "\n",
        "# Supply and demand functions\n",
        "def demand(p):\n",
        "    return 100 - 0.8 * p  # Linear demand curve\n",
        "\n",
        "def supply(p):\n",
        "    return 0.5 * p  # Linear supply curve\n",
        "\n",
        "# Calculate quantities\n",
        "quantity_demanded = demand(price)\n",
        "quantity_supplied = supply(price)\n",
        "\n",
        "# Plot supply and demand curves\n",
        "plt.plot(price, quantity_demanded, label=\"Demand\")\n",
        "plt.plot(price, quantity_supplied, label=\"Supply\")\n",
        "plt.title(\"Supply and Demand Curves\")\n",
        "plt.xlabel(\"Price\")\n",
        "plt.ylabel(\"Quantity\")\n",
        "plt.axvline(x=40, color='gray', linestyle='--', label='Equilibrium Price')\n",
        "plt.axhline(y=20, color='gray', linestyle='--', label='Equilibrium Quantity')\n",
        "plt.legend()\n",
        "plt.grid(True)\n",
        "plt.show()"
      ]
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