Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
Lecture
Market Equilibria: Demand and Supply
Description
This lecture covers the calculation of market equilibria in a perfectly competitive market for a normal good, analyzing the negative slope of the demand curve and the positive slope of the supply curve. It explores market outcomes at different prices and scenarios such as free market, upper and lower price limits, and changes in demand. The equilibrium quantity and price are determined for various cases, providing a comprehensive understanding of market dynamics.
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.