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economics · control systems · market dynamics

Smartphone Market Equilibrium Shift

Typ BlockdiagrammStandard Ogata / standard controls textbook conventionEngine schematex-blockdiagramAktualisiert 24.7.2026
Smartphone Market Equilibrium Shift
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Das Szenario

A smartphone launch boosts demand, shifting the demand curve rightward. The block diagram models the market as a feedback system where excess demand drives price changes, adjusting demand and supply until a new equilibrium is reached.

Was diese Zeichnung zeigt

Die dahinterstehenden Entscheidungen verstehen.

01

Represent market clearing as a sum junction computing excess demand

02

Use feedback of equilibrium price to both demand and supply blocks

03

Treat demand shift as an external input signal

Suitable for explaining economic equilibrium shifts using control theory concepts, such as in interdisciplinary systems analysis or economic modeling courses.

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