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Deriving demand curve from tweaking marginal utility per dollar
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Where does a buyer's demand curve come from? A rational buyer wants to get as much "bang per buck" from their consumption as possible. In economics, that's called marginal utility per dollar spent. When the price of a good decreases, the "bang per buck" on that good increases, which incentivizes consuming more of it. In this video, we derive the individual's demand curve for a good by tweaking the marginal utility per dollar spent. Created by Sal Khan.

Subject:
Economics
Social Science
Material Type:
Lesson
Provider:
Khan Academy
Provider Set:
Khan Academy
Author:
Sal Khan
Date Added:
07/27/2021
Determinants of price elasticity of demand
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There are several factors that affect how elastic (or inelastic) the price elasticity of demand is, such as the availability of substitutes, the timeframe, the share of income, whether a good is a luxury vs. a necessity, and how narrowly the market is defined. We explore each of these in this video.

Subject:
Economics
Social Science
Material Type:
Lesson
Provider:
Khan Academy
Provider Set:
Khan Academy
Author:
Sal Khan
Date Added:
07/27/2021
Developing an American colonial identity
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How British were the British colonies in North America in 1754? In this video, Kim discusses how the British colonies participated in political, social, cultural, and economic exchanges with Great Britain that encouraged both stronger bonds with Britain and resistance to Britain’s control.

Subject:
History
U.S. History
Material Type:
Lesson
Provider:
Khan Academy
Provider Set:
Khan Academy
Author:
Kim Kutz
Date Added:
07/15/2021
Developing an American identity, 1800-1848
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From 1800 to 1848, the United States grew tremendously as a country, adding new territory and building national connections of business and transportation. But just twelve years later, the Civil War erupted! In this period, was the United States developing a unified national identity or a divided regional identity?

Subject:
History
U.S. History
Material Type:
Lesson
Provider:
Khan Academy
Provider Set:
Khan Academy
Author:
Kim Kutz
Date Added:
07/15/2021