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The Equilibrium Price and Quantity

YouTubeMarginal Revolution University

The Equilibrium Price and Quantity

In this lesson, we investigate how prices reach equilibrium and how the market works like an invisible hand coordinating economic activity. At equilibrium, the price is stable and gains from trade are maximized. When the price is not at equilibrium, a shortage or a surplus occurs. The equilibrium price is the result of competition amongst ...

1.1M viewsJan 3, 2015

Consumer price index Definition

Consumer Price Index (CPI) | Definition, Calculation, & Uses

Consumer Price Index (CPI) | Definition, Calculation, & Uses

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Consumer Price Index | CPI Inflation Rate & Law of Demand

Consumer Price Index | CPI Inflation Rate & Law of Demand

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What Is the Consumer Price Index (CPI)?

What Is the Consumer Price Index (CPI)?

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