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Demand and Supply Explained- Macro Topic 1.4 (Micro Topic 2.1)
6:43
YouTubeJacob Clifford
Demand and Supply Explained- Macro Topic 1.4 (Micro Topic 2.1)
Thanks for watching. In this video I explain the law of demand, the substitution effect, the income effect, the law of diminishing marginal utility, and the shifters of demand. Make sure that you understand the difference between a change in quantity demanded and a change in demand. This is the first video in the unit Playlist. Make sure that ...
4.2M viewsSep 7, 2014
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Demand, Types of Demand, Derived and Direct, Substitute & Complementary, managerial Economics, micro
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