Micro Unit 2 Summary- Supply and Demand NEW!!!

This video provides a comprehensive summary of microeconomics unit 2, covering demand, supply, elasticity, equilibrium, government intervention, and international trade. It explains key concepts like demand and supply shifters, elasticity types, consumer and producer surplus, and the effects of price ceilings, floors, and taxes. The video also discusses international trade's impact on surplus and tariffs, preparing students for exams.

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