Quotulatiousness

April 6, 2015

The Demand Curve

Filed under: Economics — Tags: , , — Nicholas @ 04:00

Published on 2 Jan 2015

Why does the demand curve slope downward? The demand curve demonstrates how much of a good people are willing to buy at different prices. In this video, we shed light on why people go crazy on Black Friday and, using the demand curve for oil, show how people respond to changes in price.

Update, 16 June: Forgot to link to the very first video in the series … here.

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