The tragedy of the commons occurs when goods are rival but not …
The tragedy of the commons occurs when goods are rival but not excludable. In this video, we explore the intuition, and consequences, behind such goods. Created by Sal Khan.
In imperfect competition, firms have some control over the price they charge, …
In imperfect competition, firms have some control over the price they charge, so the individual firm's demand curve is not horizontal. Learn how that fact also changes the marginal revenue curve in this video.
In real estate transactions there are typically several kinds of escrow accounts. …
In real estate transactions there are typically several kinds of escrow accounts. Explore some of th different escrow real estate accounts in this video.
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