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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
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#price
Major cryptocurrencies see prices slip
Major cryptocurrencies see prices slip
YouTube2 days ago
Katie Price tops iTunes chart with surprise music comeback | The Sun
Katie Price tops iTunes chart with surprise music comeback | The Sun
Facebook1 day ago
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