Changes in Market Equilibrium

[@KoiandDragon]

I just destroyed my economics test today! Thank again Khan! I literally would have failed it if it weren't for you!

[@shawdo_yt]

I learnt more from a 9 minutes video than a 3 hour lecture. thanks alot

[@ronimakela8457]

wow your econ professor must be horrible

[@prachisharma8076]

They all want money! I feel so bad for how rigged the education system is!

[@dhruvdust1812]

@@prachisharma8076 True, homeschooling is seriously an option people should consider.

[@kabirkumar3003]

i feel bad for your mind

[@shammaalali352]

@@prachisharma8076 can someone explain in question one the suppliers will stop selling apples bc it causes diseases then why it shifts to the right?//

[@justine8955]

I understood you more than our economics teacher. Thank you very much this helped me a lot and your other video! :D

[@rjledesma1287]

your videos explain economic concepts better than my professor. After every lecture on a new topic I consult your videos to help clear out points. Thank you so much for putting this up!

[@sunny558]

you deserve the 9K my Uni is getting, I learn more form YOU!

[@SatvikGupta]

Wow! Learnt more from a 9 minute video than several lectures at school. Thanks! :)

[@user-cx5wq9rn6e]

the way you teach this subject it is sort of an craftmanship

[@svvetlanalana]

God Khan Academy is the best gift to humanity. What will students all over the world do without Khan Academy ???

[@jonasbasese3273]

This teaching is helpful; I have now a clear understanding on market equilibrium, supply and demand. Thx

[@penguinlau5166]

for someone preparing for a level econ this is great thanks :)

[@mdlittle5466]

I was particularly interested in the alteration to 'supply' in order to assist in the fluctuation of overall price regarding 'demand'. Especially the part where you don't have to provide as much 'supply' and still be able to generate a greater 'price' via inducing scarcity in the open market by intentionally reducing quantity...not that there was any particular reason to cull the supply except to maintain profit. Notice, if you increase the 'supply'...the 'price' drops regardless of 'demand'...

[@techguy3000]

This makes so much sense!

[@G4awesome]

That was so helpful and clear. Thankyou so much!

[@tmr2456]

Ohhhh now I get it!....the equilibrium price is the market sentiment...supply and demand just lag behind...of course ill jazz up my conclusion for class 2morrow

[@kolisanglitsoane2143]

Thank you so much. Learned a lot

[@boburjonolimov629]

Assalam alaykum Lesson are just great What materials do you advice to practise ( changes of demand/supply)

[@chokkakulasandeep6857]

IT IS VERY USEFUL FOR MY TOMMOROW XAM.............THANKS

[@kikianton2721]

I love your clear voice

[@alwihussein5993]

Greate work khan

[@mrsigloobby]

this was great! thank you :)

[@TamimSPADEZ]

Thanks sal... helped me heaps

[@TFrills]

that makes perfect sense

[@goldensilverstar]

This guy can open a his own school like Academy and it would be awesome were only devoted and talented people come

[@samsunglg6671]

Great presentation

[@Yes-sp2kh]

Learnt more from you. Should I just drop out of private school and watch your videos instead

[@vivekmishra4447]

Best explanation of equilibrium

[@Satanic1992]

thanks for this video really helped

[@saimaaadil1465]

Really good lecture

[@EJDuhay]

You make life so much easier!!

[@sarimzulkifl2050]

Could you make a video on why and how a shift in both supply and demand curves will affect the market equilibrium price.

[@ImHereBaybee]

I love you thankyou for helping me and other students. KEEP DOING WHAT YOU'RE DOING :)

[@RishabhSawant]

Thank you for the video. After watching this im like 'was that all they were going on about for 3 hours in lecture'.

[@ahmad00734]

it will help me in my exams

[@liamwong-toiknight9947]

+ahmad rox same

[@mattdathew2794]

So, you indirectly also mean that graph 3 can also have more possibilities in case demand over reacts or under reacts.

[@vinnichugh7539]

Sir in thr first case , shouldn't the supplier charge more for the same quantity now that they produce disease free apples?

[@이승준-x8k3m]

Thank you for this lecture

[@sayedyamashefa226]

In the second case u cleared, why did the supply curve didn't shift and instead just quantity supplied changed in that the new shifted demand curve changed the equilibrium price?

[@pigalisa]

For the first graph about disease why would the supply curve shift to the right. Wouldn't the disease mean that the suppliers can't supply many apples because of this and the curve will shift to the left (i.e quantity supplied decreases). Can someone please explain to me. I have an exam next week.

[@henrycazaux]

I think that this guy must know a lot of everything we have ever known.

[@simranpanchal2289]

In the first sceario, why is the minimum price lower?

[@cm6571]

Wait, question. In the first example, when you said it shifted to the right you also said it shifted up. Doesn't an upward shift mean a leftward shift, isn't that a contradiction? (at least in regards to the supply curve).

[@askerali811]

There are 2 concepts here actually. When there is a change in the price of the product the change is indicated by movement along the curve i.e a higher point on the curve or a lower point. Hence why it's called *CHANGE IN QUANTITY SUPPLIED* Whereas a supply curve shifts due to change in factors other than it's own price. So, when a supply curve shifts, it's due to an increase or decrease in the quantity supplied. And when the supply increases it "shifts " to the *right* whereas a decrease in supply is indicated by the leftward shift. This is *CHANGE IN SUPPLY* note the subtle difference.

[@efeersoy9992]

after a sleepless night, when the only thing you remember about this video during the exam: "that was a bad day for apples"

[@dhannapenecitos5817]

still confuse what happens when ex. demand rises therefore what happened to supply? and vice versa

[@meanmanturbo]

@S0up3rD0up3r Nah, demand in the economic sense is not how much people want, but how much they are willing to pay for it. And in your example, well, the price of apples would be so ridiculously high that no one would be willing to pay for 6 apples. The problem with for example alternative fuels is that oil is still by far the cheapest and most efficient way of powering vehicles. Oils must become scarcer and even more expensive for alternative fuels to become viable

[@mubarizmirzayev35]

Dear Khan Academy instructor, thanks so much for your lectures, they are really great. I would like to report a mistake in the video. At 6:41 you mentioned the new equilibrium price wrongly. Sorry for that, but some people who is new in this subject can confuse it. Thanks in advance :)

[@mdlittle5466]

@ShwangShwing ...unless, of course, you are part of a corporate cartel that's cornered the market on a specific good and/or service - then it doesn't matter. You can continue to inflate the price until the demand drops off, then reduce the price in increment until you establish a stable influx of profit. Competition really doesn't exist anymore...any competition can quickly be run out of business insuring corporate stability. :/

[@astayonix]

I wish all of congress would watch these videos. They might then better understand how the market based economy works.

[@jiavictoria380]

thank you!!!!

[@purplekisses171]

Okay but how do you graph an increase in price and quantity????? How do you show that on a graph?

[@derhder3571]

You shift the steepness of the curves. It's called elasticity, where you graph a small change in price leading to a big change in demand or vice versa

[@timfwater]

@S0up3rD0up3r Thanks for the sage insight- it was S0up3rD0up3r.

[@plastic2666]

Locke's metaphor extended.

[@thatguyvladgames5637]

which is micro and which is macro?

[@alysse1407]

When both supply a

[@leversandpulleys9274]

ILY

[@shinenot]

@goldensilverstar Well, he already did that.

[@ahmad00734]

plz upload video for perfect elastic demand and increase in suppy , perfect inelastic demand and increase in suppy,perfect elastic supply and increase in demand , perfect inelastic suppy and increase in demand

[@esenc4577]

the reason why I hate economics so much is because its literally all about assumptions

[@nattanhialee3833]

The Pear cider curve confusing I dear you plotted apple cider

[@hauteswan2541]

Thanks again!

[@kKhanMC]

u dont mean Apple do u cause my scenarios would be pretty terrifying O:) XD

[@Pursoul]

thanks better than my stupid teacher with her mono tone

[@indilbibblebones6430]

Does he draw with a mouse?

[@ahmad00734]

plzzz

[@kaix7097]

This guy sounds like Uber danger

[@ratna.hasanuddinhasanuddin5800]

Hy.ya

[@dinaanandaaa8011]

please put indonesian language