Keyword: demand
Complements and Substitutes (1/2/2012)
Complements and substitutes illustrate the difference between changes in quantity demanded vs changes in demand.
Keywords: complements, demand, quantity demanded, substitutes
Supply and demand (11/2/2011)
Market prices and quantities supplied and demanded are determined by the interactions between supply and demand.
Keywords: demand, demand shift, excess demand, excess supply, price determination, shortage, supply, supply shift, surplus
Supply and demand (transcript) (3/27/2007)
Narrated lecture on supply and demand curves and price determination under free market.
Keywords: demand, excess demand, excess supply, quantity demanded, quantity supplied, shortage, supply, surplus
The High-Tech Treadmill (6/22/2001)
The profit of New Economy business firms that have very high R&D fixed costs and very low marginal costs is brutally squeezed in economic downturn.
Keywords: average costs, business cycles, competitors, demand, fixed costs, hi-tech companies, investment, loss, marginal cost, new economy, obsolescence, profit, R&D, sales, software, upgrading, venture capital
Who Is Over a Barrel? (1/20/2015)
The impact of low oil prices on oil output depends on the cost structures of different types of oils.
Keywords: demand, fixed cost, oil sands, OPEC, shale oil, supply, variable cost