Practice: What happens in the market for blenders if consumers decide that juicing their vegetables is better than blending their vegetables?
Subjects
Sections | |||
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Introduction to Supply and Demand | 10 mins | 0 completed | Learn |
The Basics of Demand | 7 mins | 0 completed | Learn |
Individual Demand and Market Demand | 6 mins | 0 completed | Learn |
Shifting Demand | 45 mins | 0 completed | Learn |
The Basics of Supply | 4 mins | 0 completed | Learn |
Individual Supply and Market Supply | 6 mins | 0 completed | Learn |
Shifting Supply | 29 mins | 0 completed | Learn |
Big Daddy Shift Summary | 8 mins | 0 completed | Learn |
Supply and Demand Together: Equilibrium, Shortage, and Surplus | 11 mins | 0 completed | Learn |
Supply and Demand Together: One-sided Shifts | 28 mins | 0 completed | Learn |
Supply and Demand Together: Both Shift | 35 mins | 0 completed | Learn |
Supply and Demand: Quantitative Analysis | 40 mins | 0 completed | Learn |
Practice: What happens in the market for blenders if consumers decide that juicing their vegetables is better than blending their vegetables?
Practice: What happens in the market for beef jerky if customers expect a price increase in the future?
Practice: If cheese in a can is an inferior good, what happens to its market when consumer income increases?
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