Putting the Market Tools to Work

Duration: 0:33:00

Creator: Indiana University Audio-Visual Center | National Educational Television

Format: 16mm

Color: B&W

Sound: sound

Description: Illustrates how supply and demand work to establish an equilibrium price, but how, in some instances, they are prevented from doing so. Examples used help to apply demand and supply analysis. 1st, a normal case; 2d, a shortage; 3d, shows that surpluses result from supports; 4th, introduces question of the effect of an excise tax on production and consumption of a particular product.

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Indiana University Library Moving Image Archive

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Original permalink · Record added: 2024-04-20 21:40:48