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Economix - The Market

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To satisfy their needs, people make exchanges. This takes place in markets where buyers and sellers interact to exchange goods and services. The market prices of goods and services are based on the relationship between the demand expressed by the buyers and the supply as determined by the producers. The market price, which reflects a balance between supply and demand, promotes exchanges. Volume 1, Program 2 of the series.

1996, 15 min 40 s

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