Search results
Results From The WOW.Com Content Network
Inferior goods clarification. What factors change demand? Lesson summary: Demand and the determinants of demand. Demand and the law of demand.
If you're seeing this message, it means we're having trouble loading external resources on our website. If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked.
If you're seeing this message, it means we're having trouble loading external resources on our website. If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked.
Changes in the demand for labor affect wage rates. Learn why labor demand changes, and the effect of changes in the demand for labor on labor markets.
Khan Academy
Oops. Something went wrong. Please try again. Uh oh, it looks like we ran into an error. You need to refresh.If this problem persists, tell us.tell us.
An interesting case of taxes and tax incidence is when one of the curves is perfectly elastic. Explore what happens when demand is perfectly elastic in this video.
William Phillips observed a correlation between unemployment and inflation. Generally, high inflation is associated with low unemployment, and vice versa. This relationship makes sense, as high employment gives workers more leverage, increasing wages and demand for goods and services.
What could shift the demand curve to the right? Let's call this D three right over here to right over here. Let's assume that the supply curve has not been shifted.
Use arrows to indicate the direction of any shifts and numbers to indicate the order of any shifts; Use the TIRES mnemonic to remember what shifts demand: Tastes, Income, Related prices (complements and substitutes), Expected prices, and Size of the market (how many buyers).