Finding Equilibrium using Linear Demand and Supply Equations

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  • Опубликовано: 9 ноя 2024

Комментарии • 75

  • @malcolmparker8770
    @malcolmparker8770 2 года назад +7

    7 years later and this is still incredibly helpful, thank you! Easy to understand and right to the point

  • @stopndrop4588
    @stopndrop4588 7 лет назад +25

    you just made me cry how helpful this was. thank you so much sir god bless

  • @emilymurigi7137
    @emilymurigi7137 5 лет назад +12

    This was the best tutorial i have ever come across. Thank you Sir and God bless you

  • @bravoavocado7730
    @bravoavocado7730 2 года назад +5

    Quick, clear and straight to the point. Big thank you!

  • @istutichettri6241
    @istutichettri6241 11 месяцев назад

    I've my economics paper tomorrow and been trying to learn how to portray in graph from last two hours continuously and finally, thank you so much

  • @jessenaber2648
    @jessenaber2648 4 года назад +45

    You just taught me more in 5 minutes than my economic teacher in 3 lessons

  • @nicolebur8778
    @nicolebur8778 2 месяца назад +1

    Its more clear now after watching your video, but not completely I understand you took the 180 from the qd on the graph, but from where do you get the -40 on the graph and the 25p?

  • @priskasomba6622
    @priskasomba6622 4 года назад +2

    you just saved my life, Thank you so much Sir. God bless you

  • @jakexavier4958
    @jakexavier4958 2 года назад +3

    This is exactly what I had been searching for… finally found what I needed🤩

  • @ProfessorxFitness
    @ProfessorxFitness 2 года назад +2

    You explained the topic very thoroughly. Thank you!

  • @Enjoychannel012
    @Enjoychannel012 3 года назад +2

    You have taught in less than 6minutes, while i was in lecture about an hour😅.
    Thank you👍

  • @PBHF20
    @PBHF20 2 года назад +1

    Jason, this was a huge help. Thanks a lot.

  • @lisamwale2198
    @lisamwale2198 2 года назад +1

    Thank you for this video, it was very helpful🙏

  • @noordeeq1370
    @noordeeq1370 5 лет назад +2

    We need more of these videos. Thank you so much

  • @EJ-lh5cd
    @EJ-lh5cd 2 года назад

    Your video just saved me! THANK YOU SO MUCH HUHU

  • @noordeeq1370
    @noordeeq1370 5 лет назад +1

    Very helpful and educative video

  • @infomicschannel6861
    @infomicschannel6861 2 года назад

    Nice explaination sir, it's easy to understand ..tq

  • @kurs1val
    @kurs1val 4 года назад +3

    So when I add 180 to negative 40 equals to 220? So what about the negative?

  • @duongnguyentrong9088
    @duongnguyentrong9088 3 года назад +1

    Thanks for this useful video

  • @leenamathavan507
    @leenamathavan507 6 лет назад +1

    Thank you for the clear explanation.It was very useful. Leena

  • @diz533
    @diz533 4 года назад +2

    In solving similar questions can you just use any number like you used 5? Because I didn't get that part right.

  • @jennynjobvu3592
    @jennynjobvu3592 3 года назад

    you are a genius

  • @stephgarcia4254
    @stephgarcia4254 4 года назад +1

    HUGE THANK YOU

  • @Ayalarunescape
    @Ayalarunescape 5 лет назад +4

    We’re are you getting that formula from?

  • @mxcjs
    @mxcjs 7 лет назад +1

    Awesome help! Thanks so much! You just earned a new subscriber!

  • @fira7005
    @fira7005 2 года назад

    nice job appreciate that

  • @vinojvino7052
    @vinojvino7052 4 года назад +1

    Thank you sir

  • @MsHeksie
    @MsHeksie 5 лет назад +1

    Qd =10-P+Y and Qs = 5+P, where Y = Consumer's income, so if I have to set equilibrium price and equilibrium quantity as functions of consumers income would that then mean Y = -5?

  • @ezekieljacob4080
    @ezekieljacob4080 5 лет назад +2

    can i know, where did you get the 5 which is the price?

    • @skidaddle5401
      @skidaddle5401 5 лет назад +1

      it was assumed to be 5 since you need two points to make a line, it can be any number you like.

  • @usamasadiq9799
    @usamasadiq9799 4 года назад +1

    How to calculate elasticity of demand and supply at equilibrium position from these equations

  • @tzeentch800
    @tzeentch800 2 года назад

    Thanks sir

  • @kundakamilo5483
    @kundakamilo5483 3 года назад

    Great work

  • @mikasa3817
    @mikasa3817 3 года назад

    where did you get the quantity demand value

  • @cucumberishealthy9661
    @cucumberishealthy9661 7 лет назад

    THANK YOU SI MUCH GOD BLESS YOU JASON GUY

  • @altheabalinag4766
    @altheabalinag4766 2 года назад

    Where did you get the 150 in the QS

  • @okyerekofi1236
    @okyerekofi1236 4 года назад

    UPSA ECONS LECTURERS SHD COME AND WATCH THIS.LEARNING MADE EASY LIKE DX

  • @ANITAKUMARI-dg9qx
    @ANITAKUMARI-dg9qx 6 лет назад

    Thnx, its very easy trick.

  • @DefowAr2271
    @DefowAr2271 2 года назад

    Where did you get 25 and 30?

  • @shmma16able
    @shmma16able 8 лет назад

    Thank you so much

  • @jayroo10
    @jayroo10 3 года назад

    how did you get 7.2? you didn't even explain that part?

  • @fruitfulkitchen
    @fruitfulkitchen 8 лет назад

    Thanks!!!

  • @mikasa3817
    @mikasa3817 3 года назад

    where did you get the Qd=180-25P
    i watched the 2 parts of video and you didn't tell where you get that

    • @KarenStrolia
      @KarenStrolia 2 года назад

      Yes! I have the same question. Where were those numbers pulled from.

    • @nicolebur8778
      @nicolebur8778 2 месяца назад

      Did you find out? I mean i have the same question after 2 year lol. 180 he take sprobably, becaus its on the graph where the graph stops, but from where he gets the 25p and the -40 on the left is it because of the 4 points on the right that is 40, but why minus?

  • @sarajamali4301
    @sarajamali4301 7 лет назад

    Sir plzz help me tell me how to write the noo of these lines I mean in p and Q plzzzz reply

  • @theresaphiri4234
    @theresaphiri4234 5 лет назад +1

    what happens to the equilibrium if a tax has been imposed?..

    • @suryanaidar
      @suryanaidar 5 лет назад

      Tax is included in price. It's already determined before calculating the D & S.

  • @Vanessa-k6l
    @Vanessa-k6l 3 года назад

    Hi, I’m taking micro economics 200. It’s killing me now. Please can you refer me some of your video that can help me specific for micro E 200? Or anyone can help, that will be good please

  • @nancymagwaza6791
    @nancymagwaza6791 7 лет назад

    thank yu

  • @uttamdas-lg9zc
    @uttamdas-lg9zc 4 года назад

    Why I use 5 or not 6 or 8

  • @maazshafqat
    @maazshafqat 2 года назад

    Write full question please

  • @HTFGxming
    @HTFGxming 6 лет назад

    Isn't -40 / 30 = -1.33 as opposed to positive 1.33?

    • @kindalindaable
      @kindalindaable 6 лет назад +1

      0=-40+30P
      40=30P
      40/30=P
      Don't forget to change sings. :)

    • @ezekieljacob4080
      @ezekieljacob4080 5 лет назад +1

      @@kindalindaable where did he get the 5 which is the price?

  • @dhanushkathilan7536
    @dhanushkathilan7536 3 года назад

    800th like boiiiii🙌

  • @tamimabdullah643
    @tamimabdullah643 3 года назад

    ✌️✌️✌️✌️💐💐💐💐

  • @yangsteven7839
    @yangsteven7839 5 лет назад

    Daddy big thx

  • @AbeerMitchell99
    @AbeerMitchell99 6 лет назад +1

    Too fast

  • @yoinhana5587
    @yoinhana5587 3 года назад

    why p=5? not p=1,33 or p=7,2

  • @wanisamuel8151
    @wanisamuel8151 3 года назад

    Good but its not complete

  • @Bestwildlifechannel
    @Bestwildlifechannel 5 лет назад

    220/5=4???

  • @bobjohnson6413
    @bobjohnson6413 Год назад

    BEEF