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Competition versus central planning

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Abstract
This program develops the short-run supply curve for a competitive industry and shows what determines long-run equilibrium in a competitive economy. The program provides a detailed account of "the invisible hand," and identifies some of the desirable features of this competitive outcome.
Collection
Films Media Group
Subject
Competition, Business planning, Central planning, Economy/Business
Series
Introductory economics
Contributors
Palmer, John (Host), Roseman, Ellen (Host), Murgatroyd, Susan (Director), Boak, Cathy (Executive producer), TVOntario, Ontario Educational Communications Authority, Films for the Humanities & Sciences (Firm)
Duration
00:28:01 (HH:MM:SS)
Language:
English
Target or Intended Audience
Higher education
Copyright Holder
Name Films Media Group (Firm)
RolePublisher
Telephone800-257-5126
Address200 Metro Blvd., Suite 124, Hamilton, NJ 08619
Email[email protected]
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
Persistent/Share URL
https://54098.surd9.group/show.php?pid=njcore:17330
Basic LTI parameter
pid=njcore:17330
PID
njcore:17330
Metadata
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