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Introduction to Surplus, Variable Costs, and Dead Weight Loss
Using graphing and a story about buying cookies, we analyze what is really going on in a market using Supply and Demand graphs, and areas of rectangles and triangles.
Handout for this video: drive.google.com/file/d/0B3-F...
These videos are part of a complete set of full-length lectures on Introductory Microeconomics. See the course with handouts at
www.burkeyacademy.com/microec...
Playlist of all videos: • Intro Microeconomics: ...
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