Microeconomics

Learn the toughest concepts covered in Microeconomics with step-by-step video tutorials and practice problems by world-class tutors

Supply and Demand

Supply and Demand: Quantitative Analysis

Everyone's favorite:algebra!

1

concept

Equation of a Demand Curve

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4m
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2

concept

Isolating Variables in the Demand Equation

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3m
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3

concept

Equation of a Supply Curve

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2m
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4

concept

Isolating Variables in the Supply Equation

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53s
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5

concept

Finding Equilibrium Using Algebra

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10m
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6

example

Finding Equilibrium Using Algebra

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5m
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7
Problem

The supply and demand curves for a product are as follows: 

Qd = 10560 − 80P
P = 1 40Qs + 6

What is the equilibrium price and quantity of the product? 

8

concept

Finding Equilibrium with Equations and a Graph

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7m
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