What is Supply and Demand? Explained for Beginners

Learn what supply and demand really mean in a clear, simple way. It's perfect for beginners, students and anyone new to economics! In this video, you'll see how supply and demand work together to determine prices in the real world. You'll look at a concert ticket example, walk through the basics of supply and demand, and see how the two curves meet at market equilibrium. Free to watch on Dr.Doc Kids.

Courtesy of Pursuit of History on YouTube. Watch on YouTube ↗

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