Factors affecting supply | Supply, demand, and market equilibrium | Microeconomics

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Factors affecting supply | Supply, demand, and market equilibrium | Microeconomics | Khan Academy

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Khan Academy

Күн бұрын

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@rithambhara1689 6 ай бұрын

I am a newbie to economics and i bave been trying to understand this since morning and even getting frustrated over it. so glad to see this video coming to my rescue. really made it easy for me to understand this through example. thank you.

@modupeogunmiloro5371 3 жыл бұрын

Khan academy is soooooooo useful !

@rakisathark788 9 жыл бұрын

1:30 "I would shit" lmao

@ralphlaurencetabuyo6636 8 жыл бұрын

@ahmedrafida743 2 жыл бұрын

Thank you so much for explaining so well.

@theblabla138 4 ай бұрын

watching at 2024? cause khan academy on top

@ChineseAssignment 9 жыл бұрын

this is a great video

@blueskies_vanszy 12 жыл бұрын

But...with the increase in suppliers, wouldn't there be more competition? Wouldn't that lead to them reducing the prices so that there's more demand for their particular product? I guess that's Market Equilibrium stuff...

@maheshr4108 5 жыл бұрын

This confused me at first but when listening again he is referring to the amount of people that the PRODUCER (you) is supplying. You're giving your product to the people that supply the market. Imagine a supermarket or something. The more supermarkets that there are the greater the supply would need to be because otherwise you're at a shortage. Any shortage is loss of income. Even though this was 6 years ago it helped me in understanding from my point of view, so I guess a thank you is in order. Thanks.

@KALYANINAIR-nt9em 4 жыл бұрын

What is the effect on supply in case of increase or decrease in the prices of complimentary goods?

@hazza2247 4 жыл бұрын

I’m not extremely educated in this subject but I would assume supply will increase if price of complimentary goods go down, my reasoning is that as the price of complementary good goes down, demand for it will increase, if demand for complementary good goes up then so will demand for the original good in question, increased demand causes more supply

@atefehyaghoobi6767 3 жыл бұрын

@@hazza2247 You are true but what about the point that says when price of complementary goods rise , price of that thing rises and it makes firms supply more so we have increase in supply i think

@atefehyaghoobi6767 3 жыл бұрын

@@hazza2247 Let's consider just supply nothing else to talk about supply , after that we have demand curve separated and we will make demand and supply in a graph to talk about Equilibrium

@Hurema_Hussain 3 жыл бұрын

Great vidio reffered by my teacher love you

@thaypiseth0078 Жыл бұрын

Thank you so much for well explaining.

@mattdias4015 9 жыл бұрын

1:31 "i would shit the hole"...........nice

@manaickillerdraciaux7582 7 жыл бұрын

U better "Shit the Hole" faster

@yansie 3 жыл бұрын

LMFAOHSHSHWHDHE

@laurisskraucis2247 10 жыл бұрын

Thanks for video , but the price is choosen by one person or it is in the market (maybe the average cost per 1 lb in market)?

@laurisskraucis2247 10 жыл бұрын

thanks

@manaickillerdraciaux7582 7 жыл бұрын

I just pressed Read more and Shit my pants then closed the read more

@athirakr4977 3 жыл бұрын

Very helpful ful

@VitaminMePlease 9 жыл бұрын

Is the law of supply from the producer's point of view? As in, does price mean costs of production/inputs to producer or does it mean cost of the grapes to consumers?

@coreyobrien8777 9 жыл бұрын

From seller's point of view.

@coreyobrien8777 9 жыл бұрын

Corey O'Brien And when looking at factors that affect supply, price - referring to price of grapes for consumers - is held constant. This allows us to look at how something that is variable, or changes, affects the behavior of the seller of grapes. Does that make sense?

@VitaminMePlease 9 жыл бұрын

Thank you!

@user-nm9qd6bo6h 5 жыл бұрын

1:06 "..so if the price of my co-"

@fewfaf4214 5 жыл бұрын

I dont get why the number of producers would effect how much ONE company would be willing to sell. I get how it would increase the goods in the whole economy, but not the amount of goods 1 producer would sell

@BenGenio 12 жыл бұрын

Those who can, think of the Five Forces Model of Porter when listing to this.

@-x_x-- Жыл бұрын

Your video reminds me of garlic cake with ginger syrup

@ifinallymanagedtofart4300 2 жыл бұрын

I don't understand how and why the number of supply increase as the number of sellers increase. Can someone explain?

@jonathanjacob2738 Жыл бұрын

bro for example if a kid had 2 parents both working and earning money they could spend more on the kid than one parent earning. same way if more sellers are present they have overall more money to put into production of a good. hence more sellers leads to more goods supplied