For the properties and derivations of market demand, market supply, and the market equilibrium, please refer to the previous lectures: kzbin.info/www/bejne/r6PNgYB7fd6imtE kzbin.info/www/bejne/p4CXfoSHj66HoNU kzbin.info/www/bejne/hp_UZKeFrbeql6s kzbin.info/www/bejne/gHe0XpaFms-Fp8U kzbin.info/www/bejne/ipWUhZKcjLOHfM0 For the effects of changes in supply on the market equilibrium, please see the next videos of this lecture series: kzbin.info/www/bejne/eGSYkGawot6Yiqc kzbin.info/www/bejne/jYGYhWupZbymobc For the playlist on Basic Economic Concepts, please visit kzbin.info/aero/PLHCd4G3qW92nssHkswm3IkFDlEbJXZm-z