Using Linear Functions to Find Market Equilibrium
Professor Hildebrandt works through a basic example of taking 2 points on a demand curve and 2 on a supply curve to calculate the liner functions of each and then solve for market equilibrium.
Professor Hildebrandt works through a basic example of taking 2 points on a demand curve and 2 on a supply curve to calculate the liner functions of each and then solve for market equilibrium.