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The Equilibrium Price and Quantity
4:50
YouTubeMarginal Revolution University
The Equilibrium Price and Quantity
In this lesson, we investigate how prices reach equilibrium and how the market works like an invisible hand coordinating economic activity. At equilibrium, the price is stable and gains from trade are maximized. When the price is not at equilibrium, a shortage or a surplus occurs. The equilibrium price is the result of competition amongst ...
1.1M viewsJan 3, 2015
Price elasticity of demand Price Elasticity Explained
Introduction to price elasticity of demand | APⓇ Microeconomics | Khan Academy
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Introduction to price elasticity of demand | APⓇ Microeconomics | Khan Academy
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Nov 15, 2018
Calculating and Interpreting Price Elasticity of Demand
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Calculating and Interpreting Price Elasticity of Demand
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Price Elasticity of Demand
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Price Elasticity of Demand
YouTubetutor2u
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