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Lecture 2: Applying Supply and Demand

Lecture 2: Applying Supply and Demand

This video was recorded at 14.01SC Principles of Microeconomics, Fall 2011. You may not realize it, but every time you purchase something, you are participating in a market for that good. Some people supply it, and some people—you!—demand it. In this lecture, we will examine how to analyze supply and demand curves and the impact changes in market conditions and government policy can have on market equilibrium.... Show More


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