The Equilibrium Price and Quantity
4:50
YouTubeMarginal Revolution University
The Equilibrium Price and Quantity
In this lesson, we investigate how prices reach equilibrium and how the market works like an invisible hand coordinating economic activity. At equilibrium, the price is stable and gains from trade are maximized. When the price is not at equilibrium, a shortage or a surplus occurs. The equilibrium price is the result of competition amongst ...
1.1M viewsJan 3, 2015
Penny Coin Collection
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Penny History
In honor of the minting of the final penny in America, News 8's Jon Diaz gives you a look at some of the lesser-known history of the one-cent coin. | WQAD
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The U.S. Mint struck the final five U.S. pennies Wednesday afternoon, ending the country’s 232-year history of making one-cent pieces. “All right everybody, this is the last one,” U.S. Treasurer Brandon Beach said before pushing the button that formed President Abraham Lincoln’s image on a gleaming planchet. “God bless America, and we’re going to save the taxpayers $56 million.” 🔗 Read more: https://on.wsj.com/4pb8weI | The Wall Street Journal
The U.S. Mint struck the final five U.S. pennies Wednesday afternoon, ending the country’s 232-year history of making one-cent pieces. “All right everybody, this is the last one,” U.S. Treasurer Brandon Beach said before pushing the button that formed President Abraham Lincoln’s image on a gleaming planchet. “God bless America, and we’re going to save the taxpayers $56 million.” 🔗 Read more: https://on.wsj.com/4pb8weI | The Wall Street Journal
FacebookThe Wall Street Journal
366.4K views4 days ago