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Market Mechanism: Equilibrium Price and Quantity in a Competitive Market

Lesson 1 of 5 • 14 upvotes • 7:47mins

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Shobhit Jawrani

This is very important lesson which tells how the prices and quantities are determined by forces of demand and supply in the markets.Many people find it difficult to understand the lesson just because they do not understand the making up of graphs. My lesson is specifically for them so so that they not only understand it but also find it very easy to draw the graphs. Thank you.

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1

Market Mechanism: Equilibrium Price and Quantity in a Competitive Market

7:47mins

2

Price Determination under MONOPOLY Market

11:44mins

3

Price Determination under Perfect Competition Market

11:08mins

4

Price Determination under OLIGOPOLY Market

11:46mins

5

Price Determination under Monopolistic Competition Market

10:52mins

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