The Demand Curve
3:31
YouTubeMarginal Revolution University
The Demand Curve
Why does the demand curve slope downward? The demand curve demonstrates how much of a good people are willing to buy at different prices. In this video, we shed light on why people go crazy on Black Friday and, using the demand curve for oil, show how people respond to changes in price. ***TEACHER RESOURCES*** Supply and Demand 5-day HS unit ...
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Demand Curve Explained
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