Supply and Demand - Explained the EASY way - A caveman could even understand this..

[naguilarholder]

thank you so much for this video. I finally understood what my teacher is saying. Thanks for putting it in kindergarden terms.

[dyeballa04]

filmed with a calculator

[blahrandom]

gosh this was so helpful

[ZOEYLEON88]

gosh, you explain better then some professors, thank you!!!!!!!

[charles4531]

DUDE THANK YOU!!!!!!

[shwali449]

They're going to make a "whole crap-load," or surplus. Love the lingo. Thanks for explaining.

[grybok1ng]

@shwali449 You're welcome :P

[TrueAlbanian101]

The way you explained it was so easy to understand. Thanks!

[jeremysnowdenz]

Great explaination of this stuff! Very helpful in a way that the textbook couldn't clarify.

[Walsh10708]

big help for my midterm brotha

[TenshixXxAkuma]

I came back to this video because I forgot to 'like' it. Thanks so much for your help!

[dec26hubby]

Dude, you just saved the day! Thanks a lot!

[speedometer111]

Thx, this helps

[pepteamsergi09]

gj.. really helpfull!!!

[JessicaMcDowellshane]

that  helped so much, thank youuuuu

[grybok1ng]

@JessicaMcDowellshane You're welcome! Check out my new channel (magnerlogic) for more videos like this. It will include math & science also

[demaarte]

I have the impresion the grafics are in the contrary way, if the supply increses ( X axis) the prices go down (y axis) when the demand of the product stay fix and not increses in the same amount. The suppliers like to have a low supply in quantity of a product to mantain high the prices. When the demad increses ( X axis) the price increase too (Y axis) because the people wants or demand more of one product, of course this is only valid if production of the good is stable

[1800TheSaraShow]

can u make some more videos like this???

[grybok1ng]

@1800TheSaraShow Sure can and will! Check out my new channel 'Magnerlogic' , subscribe to it for more videos like this and more! Im in the process of buying new video equipment, so videos will be posted soon :D

[petefaders]

..and so they lower the price to equallibrum..bargan bin! :p

[petefaders]

hmm, if price is higher and less people are buying..they wouldn't MAKE MORE video games, there would BE MORE games sitting in inventory. I guess that's besides the point though.

[SheVooZaXoo]

thank you hell much <3 ...but please can you make a video about elasticity of demand and supply ? how to solve it or calculate it ? i need help :( ols answer

[mrchelsealondonfc1]

Cheers pal.

[MrMrpokh]

thanks man.. it was great

[SantaBarbaraJohnny]

Hell yes, Thanks for making this clearer. 

[kazooie14]

What about when there's no numbers? Please reply!

[grybok1ng]

@kazooie14 I'm not sure what you're asking.

[kazooie14]

@grybok1ng

I'm not sure either :l I've seen graphs without numbers on the x and y axis, they look pretty much the same but without the numbers?

[grybok1ng]

@kazooie14 Sounds like you do the same thing but just assume that any increase in distance from left to right on the x-axis will indicate an increase in x-values and any increase in distance from bottom to top on the y-axis will indicate an increase in y-values. The numbers aren't really important to the graph, as long as you know the values will increase one way and decrease the other way. I think it's used to show the the position of each curve after a change in introduced . Does that help?

[kazooie14]

@grybok1ng

Yeah! Thanks a lot! :D

[bmwdallas82]

Very helpful. Thanks!

[austinislam]

great job bro

[dreamventrious]

This did an amazing of showing exactly what I needed to know for Econ. Well done babes :)

[HunnyB504]

Thanks!! very helpful..appreciate it!!

[kenyaaroxursox13]

God bless your soul <3

[thisi5war1988]

what about cars. im having problems with this ones. if the cars increased, then the supply of cars increased and the demand for cars decreased. is this correct?

[michboard]

Thank you so much for this video. I wish it was in better quality, but it's still awesome. Was extremely confused before this. However, Now i completely understand it.

[grybok1ng]

@michboard Haha yeah, I actually recorded this with a webcam

[AceS4289]

Using video games really caught my attention xD Thanks for the help!

[MrSmaq7777]

Wow awesome man your amazing teacher .thanks a lot

[shanty503]

hey! i have no words to explain how happy i am after seeing this video it really helped me a lot thank you so much

[slugandant]

Okay, I'm kind of confused... so is surplus and shortage bad? All together, bad? I'm sorry haha. I feel kinda stupid, but I don't really understand...?

[wenbarry]

Awesome vid! Thanks. it helped alot

[123skunkyboy]

why couldn't my lecturer make it this simple!?!?!

[CBach299008]

Thanks so much! This really helped me grasp the concept of supply and demand. My professor just breezed through it and left me really confused so this really cleared things up! Thank you thank you thank you

[thewayofholiness358]

Thank you very much. I have just started my Economics degree and I never received an adequate explanation of the supply and demand graph until now. It was very easy to understand. Thank you again.

[yoursisterspretty]

I usually don't comment on videos, but I have to thank you for this video. Explained the subject really well and was super clear. The fact that you used games probably helped.

[grybok1ng]

@yoursisterspretty You're welcome!

[songcovers]

nice work

[AliAsghar5011]

thanks man i solved my whole question

[RMena64]

THANK YOU SO MUCH FOR YOUR EFFORT IN THIS!! IT HELPED ME SOOOO MUCH :)

[prisoner1950]

nice job video helped

[DanQ1701]

yess thanks man

[InsaneTux]

wow u saved my ass for the test i am going to have tomorrow!

[dongjinmoon]

you were right even a caveman like me can understand this! :)

thx for the video

[JaysThoughts]

Looks like you did the price numbers backwards but I get it..

[crysdyk]

Wow, I really appreciate you making this video! I have struggled with the Law of Supply and Demand with no assistance from my professor. I am taking an online class where lectures like this don't exist. Thanks for taking the time to explain this and make it easy for me!! Keep making more videos!!

[sandrinekows]

THANK YOU SOOOOOOOOOOOOOOOOOOO MUCH

[alizin2008]

Yea you did a hella good job explain the basic supply & demand. However, when it comes down to Quantity Demanded and Quantity Supplied, that is a little more confusing. I won't bother messaging you because im bout to take the test in like 10 min lol. But I still refreshed my mind with this vid. Thanks cousin :)

[grybok1ng]

@alizin2008 @alizin2008 Yeah man, the quantity supplied and quantity demanded occur from a change in price. a change in demand or a change in supply only occur from a change in a nonprice determinant, resulting in a shift of the graph (ex: population increase)

[alizin2008]

@grybok1ng ...yo i took the test already just now and I know i did GOOD. thanx.

I learned from this video. even though i knew it alread i still learned it in a better easier way.

[YouniqueYouth]

you NEED to make more tutorials.

I don't understand the difference between quantity supplied and supply or quantity demanded and demand... help :D.

[grybok1ng]

@YouniqueYouth Ill send you a message real quick! :P

[jellybean2626]

very well explained thanks.

[buckodcelt]

are we trying to figure out the money system

[sreynauch]

Oh my gosh, i think you should be a econ professor because I actually understand supply and demand. I read my econ book like twice and I was still confuse. Thank you thank you.

[grybok1ng]

@sreynauch Thanks man! Can't stand a teacher who doesn't know how to explain things :P

[grybok1ng]

You're welcome!

[Lancastersilk]

Emailing in a Economics exam in the next few hours and that video totally saved my ass because I had no idea how to draw these things, thank ya kindly!