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3:31
YouTube
Economics Mafia
Market Equilibrium
Transcript: 1 What is market equilibrium? It’s when quantity demanded equals to quantity supplied at a given price. 3 Can you guess where’s the market equilibrium here? 4 Yes, at $3, both Qd and Qs are equal, at 6. 5 Plot the values into a graph… (cut) 8 And this is simply the intersection between the demand and supply curves. 9 Wow, 10 ...
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