Price Controls & Surplus Visualizer
DESCRIPTION
Impose brutal government administrative limits on the Free Market. Slide Price Ceilings (Rent Control) and Price Floors (Minimum Wage) across the equilibrium to instantly graphically calculate the resulting Shortage/Surplus and Deadweight Loss.
RELATED VISUALIZATIONS
Tariff Deadweight Loss
Simulate protectionist trade policy. Imposing a tariff elevates the world price, mathematically shrinking Consumer Surplus while generating Government Revenue and Deadweight Loss triangles.
Profit Maximization (MR = MC)
Drag the market price line to find the optimal quantity where MR intercepts Marginal Cost. Instantly calculates Total Economic Profit or identifies the Shutdown point when Price falls below AVC.
LRATC Envelope Curve
Understand firm costs in the Long Run. Slide targeted production scales to track how Short-Run Average Total Cost curves (SRATC) form the Returns to Scale envelope.
Lorenz Curve & Gini
Graph income inequality mathematically. Bend the Lorenz curve from Perfect Equality to extreme inequality and watch the Gini Coefficient (A/(A+B)) update in real-time.