EPISODE · Nov 5, 2024 · 25 MIN
Supply and Demand Explained: How Prices Are Set and What Moves Them
from The Fiscal Physical Retirement Podcast · host Aaron & Ryan
Supply and demand is the fundamental force behind almost every price you see, from airline tickets to prescription drugs, and understanding it makes a lot of financial headlines easier to read. In this episode, Ryan explains how the supply and demand curves work, where they meet to set an equilibrium price, and what happens when either side shifts.Ryan uses rubber ducks, airline tickets, and drug pricing as examples to show how the same logic plays out across different markets. Aaron and Ryan also explore the ethics of high drug prices as a real-world case study in how supply and demand can create outcomes that feel uncomfortable even when the math is working exactly as intended.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!
Embed this episode
What this episode covers
Supply and demand is the fundamental force behind almost every price you see, from airline tickets to prescription drugs, and understanding it makes a lot of financial headlines easier to read. In this episode, Ryan explains how the supply and demand curves work, where they meet to set an equilibrium price, and what happens when either side shifts. Ryan uses rubber ducks, airline tickets, and drug pricing as examples to show how the same logic plays out across different markets. Aaron and Ry...
NOW PLAYING
Supply and Demand Explained: How Prices Are Set and What Moves Them
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.