Market Equilibrium, Disequilibrium and Allocative Efficiency

What does it mean for a market to be in "equilibrium"? This lesson puts demand and supply (introduced in previous lessons) together to determine what makes a market efficient or inefficient.

[KotsoanaNtobaki]

Thank you for the video, it clarifies everything .

[palomitaandrade]

thank you for this video you made it easy for me to understand

[alyacabal]

Hi Jason, I was just wondering what tool you used to plot the graphs and type in the definitions? I could really use it for my class.

[iloveroblox.]

your videos are so helpful, thanks youuuu.

[mahadiarian]

how will the surplus and shortage change to a change in demand and supply?

[juanzayed]

does anyone know the name of the intro song??? jeje

[brandonschrockor]

Boi, I'm more confused now than I was before the video