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The graphs below are of supply and demand for Fribnees. The vertical axis shows price per Fribnee p in dollars --- the potential price at
The graphs below are of supply and demand for Fribnees. The vertical axis shows price per Fribnee p in dollars --- the potential price at which each Fribnee is sold. The horizontal axis shows quantity in Fribnees. The supply curve relates the price p per Fribnee to the quantity q that manufacturers are willing to produce for that price. The demand curve relates the price p per Fribnee to the quantity q that consumers are willing to purchase at that price
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