Subjects

Science

Chemistry Video Lessons

Organic Chemistry Video Lessons

Physics Video Lessons

Biology Video Lessons

Analytical Chemistry Video Lessons

Cell Biology Video Lessons

Anatomy & Physiology Video Lessons

Genetics Video Lessons

Biochemistry Video Lessons

GOB Video Lessons

Microbiology Video Lessons

Math

Calculus Video Lessons

Statistics Video Lessons

Business

Microeconomics Video Lessons

Macroeconomics Video Lessons

Accounting Video Lessons

Worksheet See all chapters

All Chapters
Ch. 1 - Introduction to Microeconomics		1hr & 57mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 2 - Introductory Economic Models		1hr & 30mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 3 - Supply and Demand		3hrs & 49mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 4 - Elasticity		2hrs & 31mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 5 - Consumer and Producer Surplus; Price Ceilings and Floors		3hrs & 45mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 6 - Introduction to Taxes and Subsidies		1hr & 47mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 7 - Externalities		1hr & 21mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 8 - The Types of Goods		1hr & 13mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 9 - International Trade		1hr & 27mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 10 - The Costs of Production		2hrs & 46mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 11 - Perfect Competition		2hrs & 24mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 12 - Monopoly		2hrs & 13mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 13 - Monopolistic Competition		1hr & 11mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 14 - Oligopoly		1hr & 26mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 15 - Markets for the Factors of Production		1hr & 34mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 16 - Income Inequality and Poverty		36mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 17 - Asymmetric Information, Voting, and Public Choice		39mins	0% complete	Worksheet Download the video lesson worksheet Start
Ch. 18 - Consumer Choice and Behavioral Economics		1hr & 16mins	0% complete	Worksheet Download the video lesson worksheet Start

PPF - The Price of the Trade

See all sections

Sections
Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency	19 mins	0 completed	Learn
PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency	22 mins	0 completed	Learn
PPF - Outward Shifts	9 mins	0 completed	Learn
PPF - Comparative Advantage and Absolute Advantage	18 mins	0 completed	Learn
PPF - Comparative Advantage and Trade	19 mins	0 completed	Learn
PPF - The Price of the Trade	4 mins	0 completed	Learn

Now that we have decided to trade, how do we set the correct amounts to trade? Let's make a deal!

Concept #1: The Price of the Trade