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Episode 14 - Market Equilibrium (Version 2 - amplified audio)

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Uploaded by on Jan 14, 2011

(This is the same as the original Episode 14, I've just upped the audio a bit) How is price determined? What might cause it to change?

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Education

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Standard YouTube License

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  • is there a place where you have the answers to the "time to think" section? i thought but i just want to know if i've got the right answers.

  • Good video lesson. Unfortunately prices don't follow equilibrium theory. The market never attains to equilibrium. There is always such variables as supply shocks, government regulation, competition, automation and other things which never allow for a static equilibrium in prices. I realize that only so much info can be presented in a short video as this though. Again, good job.

  • i find your voice impossible to follow. it's so strangely distracting. which is annoying very much so because i can tell the content is amazing and simple. is there are written version?

  • You are amazing. I have my yearlies tomorrow and your vids are all I have right now, so thanks heaps.

  • great work Doc!

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