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6:08
YouTube
Think Econ
How to Calculate Market Equilibrium | (NO GRAPHING) | Think Econ
In this video we explain how to use the demand and supply equations to solve for the equilibrium price and quantity values (often referred to as P* and Q*) using just algebra! This is something which you will need to know how to do throughout your studies in economics, so it's definitely worth reviewing to ensure you understand it. Interested ...
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