25. Adding Demand and Supply Curves Horizontally
Автор: Intromediate Econ
Загружено: 2010-02-13
Просмотров: 48586
Описание:
This video demonstrates the concept of summing horizontally to obtain market demand and supply curves using a concrete example. In particular, I show how to aggregate the demands of two types of consumers to a market demand, and how to aggregate the supply curves of identical firms to a market supply.
At the end, I find the equilibrium price and quantity. The video is a nice application of various tools in the microeconomist's toolkit.
For a list of videos and links to these videos (organized by topic), check out the Intromediate Microeconomics video web page:
http://blog.thisyoungeconomist.com/p/...
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