Double Shifts in Supply and Demand: Econ Concepts in 60 Seconds

Double Shifts in Supply and Demand: Econ Concepts in 60 Seconds

Assessment

Interactive Video

Business

11th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video tutorial explains the concept of double shifts in economics, focusing on how simultaneous changes in demand and supply affect price and quantity. It highlights that while price changes can be determined, quantity often remains indeterminate. The tutorial provides a trick to separate demand and supply shifts for better understanding.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

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