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AP Macroeconomics›Unit 1: Basic Economic Concepts›Basic Economic Concepts

Supply, Demand, and Market Equilibrium

Prices adjust until quantity supplied equals quantity demanded.

80 videos · ranked by how well they teach

1
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Unit 1: Basic Economic Concepts

  • Scarcity, Opportunity Cost, and the PPC
  • Comparative Advantage and Trade
  • Supply, Demand, and Market Equilibrium

Next topic

GDP and How It's Measured

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    Also called: supply and demand, equilibrium