EQUILIBRIUM price and quantity - Explained for beginners!
The equilibrium point is when the supply quantity and demand quantity match in a certain price point. That's what they teach us in school or college.
But not too often they explain why that is the way it is.
In this video, that's what we will be talking about, in a simple way, so you can easily understand why there is such a point where the price and quantities match, for supply and demand.
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Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...)
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