Supply and Demand Practice

If you need to practice supply and demand you came to the right place. In this videos I give a quick three minute overview of a competitive market and then give you eight practice questions. Your job is to figure how out how the demand, supply, price, and quantity will change. Be sure to pause the video and write down your answers then watch me explain the answers. Thank you for watching. Please let me know if this was helpful and leave a comment. Also, please subscribe. Thanks again. You rock!
Check out these videos for more details about supply and demand:
Demand
• Demand and Supply Expl...
Supply
• Demand and Supply Expl...
Shifting
• Shifting Demand and Su...
Stop in the Name of Love
• Stop! In The Name Of L...
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Who's here because their Econ teacher can't teach? ✋

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Well the teacher actually referred us to this channel haha

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I am an Economics Professor, and I can safely say this channel is the best at explanation and application. My student study groups swear by it.

[@JacobAClifford]

Was this helpful? What econ concepts do you want me to cover next?

[@MCOD1999UK]

You should make a video about the economics behind Bitcoin

[@TracyLFreund]

GDP Deflator...when to use it. It seems my kids get completely confused...it has to be HOW I'm teaching it but if you would do one (like this and the CPI/Price Index you JUST did, that would be AWESOME!!)

[@ajinkyapathare3308]

thanks coz my college and country is bullshit :(

[@naya2276]

very helpful thankyou so much please make more videos on competetive firms and markets

[@naya2276]

and also demand and supply functions

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I got the most boring teacher, teaching me this. He literally will stop talking mid sentence for 15 seconds and it throws everyone off. He looks like the grandpa from the Movie Up. You helped me learn a month and a half work in like 30 minutes. Your a legend 🐐

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ChriisSky lol same 😂😂😂 at least i know bankers can live long 😂😂😂

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same.

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Pokémon trailer ad was playing and I thought your teacher was teaching you about Pokémon lol.

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Omg samee my teacher also stop explaining mid sentence for almost a minute and we have to call him to awake and later on he just gets angry with everyone else in the class room. And yes he also looked like an old grandpa. We can relate sm lol.

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At least you have a teacher. I’m online and mine doesn’t even provide live sessions nor does he answer questions. He’s getting a 0 on his survey

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I'm a business student taking macro and micro. Mr. Clifford's videos have been an absolute life-saver. He is an amazing teacher who helps clarify the concepts and makes learning fun and engaging. Thank you so much Mr. Clifford! (P.S. the Ultimate review packet is priceless!! Well worth the investment!)

[@rachellemaer.desdir3521]

This video is a life saver!!!! It really helped me understand how and when the curve shift to the left or right in supply and demand, and how and when it only move along the curve. You should do more video of these lessons because it's really helpful! Thanks!

[@michellelopez5264]

I love how you have questions to work through, for some reason even when i attend class and read the chapters, when I go to do the homework I am lost. Since I am a hands on learner, it is really affecting my grade! I would just suggest as much work with graphs and putting it into practice. I can review definitions all day long but its putting it into practice is where I really need help. Thanks!

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I had an economics test, and i didn't understand most of the materials, so when i watched his videos i was so happy and relieved as he helped me review the materials i didn't understand. All his videos are useful and he makes learning fun and simple, i highly recommend this to a biginner and even a college student. His videos are a life saver that helped me understand from capital to graphing.

[@Samuraikali1990]

Economics is something I've always struggled with throughout college and these practice videos are immensely helpful, thank you for helping me!

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Thank you so much! A video made 2 years ago is such a help to me today. I go to class everyday, asked questions, and was still lost. One day on your videos and I understand! YOU'RE AWESOME.

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I'm doing business management with marketing at university and one of my modules is economics- I've struggled since starting this in September as none of it has made sense to me, until I came across your videos! Thank you!

[@MarcoGuidimarcolinosurgeon]

The demand of your videos is shifting right!! You are what a Teacher should be! Thank you Jacob!!

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Plotting the supply and demand graphs make alot more sense then reading the book. I'm taking macroecon online without a teacher so understanding the book is somewhat challenging. After watching and plotting the points they make alot more sense. You rock!

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If only my econs teacher was as awesome as you, I would ace every damn test. More students should know about your great work

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Mr Clifford. , i am highly satisfied by your teachings. you are just opposite of my professor. i find the concepts so easy to understand and work through those practice problems so easily. Many thanks to you.

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This video was very very helpful to me as I am taking a Macroeconomics class and this just hammer the nail right on the head and drove it right into place. Awesome. Very well explained.

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Maaaannn....it's 2023 and I have mocks ahead, you are and utter Legend in your JOB, AC/DC FOR REAL !!!!!

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Our last eco teacher can’t teach properly and now he is substituted but we have test the coming week and we barely learnt anything so I’m going through lots of yt videos and I found this channel very helping.tnx man

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I am currently enrolled in Econ 2010 and to be true I did not really understand the concept until now after watching your videos. I learned so many things through the videos. Thank you so much. '

[@erikliebenthal5234]

Teach Econ and I really love your videos. They are very helpful for me and the students. Due to the pace, I pause a lot and explain what you just said. I always link the video to my daily agenda so they can access them at their own pace. I have a sneaky suspicion they don't, but they certainly can. I also do the pearl exchange and love that. Nice job on that one.

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Love these videos. Learning eco at the moment, understood the concepts after the readings but this made it much more easier to revise.

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Exceedingly helpful! I’m ready for my Econ test today for sure.

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Very Helpful, took economics 20 plus years ago and have decided to take my CPA test, so a need big refresher course, thanks

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I love these video's I did find the subject very boring and you have made it interesting and I can actually absorb it rather than have to read in a million times for it to go in!! Thank you

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Gosh i cant thank you enough you Are such a great teacher i did understand all of the topics that i couldn't understand before THANK YOU

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Thank you Mr Clifford your videos so very helpful and do not feel lost anymore.

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Thanks Jacob, great refresher for a guy who studied Economics back in the 80s.

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I can’t thank you enough for your videos. I came from Architecture background and now learning financial for master degree. I am so lost with the book explaination and the lack of examples. My lecturer can teach but it got boring lol I love fast and brief explaination, cause my mind can only focus for less than an hour😂

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NGL I used this video to review and practice at the same time thank you this came in clutch an hour before my test

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Glad you let us know from the get go how important this lesson would be. Very easy to follow along.

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i have a midterm tomorrow and these videos cleared up the crumbled up information in my head. thxsm

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you are a lifesaver!!!!! I am totally going to pass my econ test tomorrow!

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2019 at this is still helpful! Thanks Mr. Clifford!

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i cant believe i understand everything i have been trying to get for weeks in just some minutes. you are good i must say

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Economics just became a whole lot clearer thank you!

[@tatortoty]

Thank you for making that connection between the supply/demand shifts and surplus/ shortage. From the other videos I could determine whether a shift would increase or decrease the price just by simply seeing whether the new equilibrium was higher or lower, but now I understand WHY it does this. Because the producers are trying to fix the new surplus or shortage. Boom. Thank you! - student teacher struggling to survive

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Had to take the subject twice in college. Now I'm taking this up for my masters, yet, the future seems less cloudy now. Thanks!

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Thank you, its very helpful for me to remembers what i took 7 years ago. I'll follow your videos till then !!!

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I learned more in this 10 minute video than I have in 4 weeks of Principles of Macroeconomics

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Best four letters I post on my board during this unit: IRDL, and I literally write these letters on a turtle, so my students remember IRDL mean Increase Right, Decrease Left. Great little tool!

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Omg, I’m taking a online Micro class and I thought I was going to fail until I started watching your videos!!!!!! Thank you!!!!!!

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Amazona video , i have a reciet at microeconomics , i have a Job so my time to study is not the greatest but with this videos i made All the practice excersices perfect , thank u so much

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Oh god I was going to drop my class tomorrow🙈not anymore. This is amazing. Thank you so much.

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Amazing video for last minute revision 🙏🙏🙏🙏👌👌👌👌👍👍👍👍

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Pretty nice explanation. Your videos help me in understanding economics for my MBA. it clears the logic and that helps a lot. Thanks.

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thank you for this! Helped me soo much on my online Macroeconomics class.

[@hillelkrief3031]

Great video! I watched all of your videos, you never really went over difference very well between Quantity Demand and Demand. But aside from that amazing! Thank you!

[@GOLD3NLAOSBOII]

Mister, I just want to say thank you for supplying information towards my demand in intelligence. My thank yous are indeterminate. 😘

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Videos are so helpful, thanks for the help, saves me from having to get further explanations form the prof, thanks again.

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I don't even have economic's class, but this is still interesting. I actually enjoyed this 😂

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haha funny guy

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Then what r u doing here?

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Jon Polygon fr tho. Who tf watches this for fun

[@JackyCGuitarStrings]

Holy crap Clifford, never have I been so happy in learning something and understanding it! THANK YOU SO MUCH! YOU'RE MAXIMIZING MY UTILITY! Please supply more!

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Me when I am reading my econ book: falling asleep Me when I am watching Jacob Clifford teach econ: Wide awake and excited to learn

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this is the only thing keeping me alive during ami work

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Wow.... Demand and Supply made easy... You've breathed life into my studies

[@lukasvanstraten7957]

This video was so clear, tryna prep for the ECON quiz tomorrow thanks a lot!

[@xaeverna]

he really taught these to me in 10 mins while my teacher couldn't do it in half a year. thank you!

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This is extremely helpful especially the double shift!!

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legendary my hero Jacob Clifford. Thank you

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U ROCK! I learned more in 10 minutes then I did in 4 hours of class. Subscribed and following you.

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In 10 Minutes, I understood better than 5 months of class. Thank you

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You’re super helpful. I’ve watched your videos and now I’m starting to get it

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This video was easy to understand. Very helpful for us, new students of econ. Keep up the good work.

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not going to lie. This review was more understandable to me than the actual lesson video. Or maybe it clicked in my brain after watching all the videos and then reviewing it.

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awesome. i am using this video to help me understand my class. My economics prof is always on auto pilot reading from the textbook and doesn't really explain or answer questions. thanks crash course

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I am using these videos to study for my ECON final. Since we did all the practice questions in class, I need more practice questions.

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OMG !! I TRULY UNDERSTOOD EVERYTHING !!!!!! YOU'R AWSOOOOME MAAAN ( you'r a waaay better than my own professor , i truly had no idea what was going on , on my class ) thanksss to u i understood everything !!

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My boi Mr. C with those fidget spinner example!!! What a legend!!

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your videos are super helpful watching only your videos can make me understand and they are the only videos i find easy to understand ☺️

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you have just saved my life omg thankyou!

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Thank you for your videos! You look like Marshall Eriksen from How I met Your Mother.

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This videos was very useful to me, these practice exercises really helped me to prepare my self for my Econ tests.# Thanks Jacob

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Thank you now I fully understand supply and demand

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This is great!! Much better than the Cengage application! THANK YOU FOR THIS!!

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So helpful, thank you for your effort !

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thank you @Jacob...your lectures are really helping me to prepare this subject ...stay blessed

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Practice is the best .. You did great covering all issues with this practice... Thanks Man.

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Super helpful, thank you so much. You are a life saver, I get it now.

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I love your videos... They're super helpful, since my teacher won't do anything but provide notes with no explanations

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Wow!!! This is the best Video. I really need that.

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Great review, just in time for my quiz. Thanks a lot

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I’m in love with economics! Thanks for this amazing video Professor! 👽♥️♥️♥️

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This way extremely helpful. Its the next best thing to holding someones hand on a test.

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Superhelpful ,Thankyou Mr Clifford!

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YOUR VIDEOS ARE JUST PERFECT !!!! THANK YOU SOO MUCH !!!

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Could you please make some videos on IGCSE and A-Level economics?

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This is helpful and thank you. Writing exams next week . Stay blessed

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Thank you so much sir, this really helps me a lot. So informative and effective.

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You are awesome Mr Clifford !

[@CulpritTheAccused]

We've been trained to demand that which is easiest for the suppliers to supply.The things that benefit us aren't as easy to supply as the things that don't benefit us.One example would be to compare the distribution of canned goods versus fresh produce.One has a short shelf life and the other has a long shelf life.

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Understanding locality and loyalty . If you can produce these products of the spot then all is game. I could not say more with less words. I just stumbled upon this video by chance. But Insinuation is just a good sight to observation leaving me only TO ASK A BETTER QUESTION as to what you yourself do for a living ? Besides these videos of you trying to explain the way you understand things.. - Please Yell

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This is really well timed for me- I have an economics exam the day after!

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Thank you. Fully understood the concept

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This video has helped me a lot. Thank you

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