Chapter 7: Consumer Surplus, Producer Surplus and the Efficiency of Markets - Part 1

Описание к видео Chapter 7: Consumer Surplus, Producer Surplus and the Efficiency of Markets - Part 1

What is a free market? 0:55
How do economists measure value? 6:51
Consumer Surplus 9:07
How consumer surplus changes when price changes 33:17
Producer Surplus 40:06
How producer surplus changes when price changes 50:23

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