Equilibrium Relative commodity price with Trade

[@mitukalita2965]

Thank you sir...I am not fluent In English but I watched it with subtitles😊

[@eliteeconomics3158]

@@mitukalita2965 welcome, thanks for your patience

[@sakibhossain7997]

That was a nice and understandable one ❤

[@eliteeconomics3158]

thanks, plz subscribe and hit a like

[@pereboabadi8842]

Great insight. Thank you very much

[@Tisha030]

Nice explanation, Thanks🎉

[@sidd2468]

Wonderful video - you made it look so simple...thanks

[@eliteeconomics3158]

stay tuned..Thank you too

[@sweetysonia16]

Thanks a lot..!! sir💕💕💕

[@eliteeconomics3158]

welcome

[@minaabidi110]

Nice lecture.. thanks for the such a source full vedio God bless you sir.. will u let me know that what forces that would push any non equilibrium relatives commodity prices towards the equilibrium level?

[@eliteeconomics3158]

welcome. international demand and supply force will push it toward the equilibrium; and if the international trade is closed, then local demand & supply force will push the non-equilibrium relative commodity price toward local equilibrium.

[@minaabidi110]

@@eliteeconomics3158 Thanks so much..

[@eliteeconomics3158]

@@minaabidi110 welcome

[@akshitamahajan4454]

Can this be done with specific numerical quantities ?

[@eliteeconomics3158]

yes, why not? i just avoided just to make it simple.

[@minhazalmahmud1194]

What will be for the commodity y ?

[@eliteeconomics3158]

same explanation, considering Py/px