Tags: YouTube Description: Why does the demand curve slope downward? The demand curve demonstrates how much of a good people are willing to buy at different prices. In this video, we shed light on why people go crazy on Black Friday and, using the demand curve for oil, show how people respond to changes in price.
Microeconomics Course: http://bit.ly/20VablY
Ask a question about the video: http://bit.ly/21rcI9I
Next video: http://bit.ly/1TG4Tvy Views: 62 Category: Auto Create - CC_LARCH_ECON101 YouTube URL: https://youtu.be/kUPm2tMCbGE Embed This Movie (Minimal Player - Recommended):