Instructional Video Catalog: Title Description
Title: " Competition versus Central Planning "
This program develops the short-run supply curve for a competitive industry and shows what determines long-run equilibrium in a competitive economy. It provides a detailed account of "the invisible hand" and identifies some of the desirable features of this competitive outcome.
Production Date: 1993
Length: 27 minutes
Ordering: NETCHE Member checkout
Non-Members: Not available
Series Title: INTRODUCTORY ECONOMICS