Chapter 18: Elasticities, Price-Distorting Policies and Non-Price Rationing

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Different Distributions of a Consumer and Producer Surplus in a Market     Voice-Over

Perfectly Price Inelastic and Elastic Demand     Voice-Over

Price Elasticity along a Linear Demand Curve     Voice-Over

Price Elasticity and Changes in Consumer Spending     Voice-Over

Constant Elasticity Demand Curves     Voice-Over

Disequilibrium Caused by a Price Floor     Voice-Over

Restoring Equilibrium Through Increased Costs for Producers     Voice-Over

Changes in Costs and Surplus when Price Floors are Imposed     Voice-Over

Disequilibrium when Price Ceilings are Imposed     Voice-Over

The Impact of Price Ceilings with Non-Price Rationing     Voice-Over

Linear Demand and Supply     Voice-Over

Non-Linear Demand and Supply     Voice-Over