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I have been trying to understand this for the past three hours and you just saved me. Honestly, thank you

I am learning micro-economics this year in grade 11 , and I have a quiz on monday, This helped me understood after the teacher said she wouldn't repeat. Thank u so much for making me understand

I love you. Finally I understand this for the assignment. Thank you so so much!

Great video thank you 🙌 can you please do a series on consumer equilibrium and deriving a demand curve using indifference analysis. Your videos are amazing and our class relies on them. Thank you 🙏

Thanks so much now I I'm able to do it on my on

Can i use the linear equation formula -mx+b to identify the unit??

thank you so much!

so helpful, thank you :)

00:05 The kinked demand model of oligopoly explains the difference between relatively inelastic and elastic demand curves. 01:29 Kinked demand model explains non-price competition in oligopoly. 02:54 Oligopoly firms face a kinked demand curve 04:22 Kinked demand model shows elastic and inelastic demand reactions to price changes. 05:42 The kinked demand model leads to a discontinuous marginal revenue curve at Q star. 07:04 Firm's incentive to lower prices above P star and increase prices below P star 08:22 Marginal cost affects price and output, but real-life prices can be sticky. 09:50 The talk focuses on the unique demand concept in oligopoly. Crafted by Merlin AI.

Thank you.

Thank you…excellent explanation

Thanks! super helpful

So I am sure it's possible but what happens when you add a variable like price to it? I am sure it's easy math but I am novice. I.e Radio=$75 T.V.=$56

Three classes at Uni and you thought me in five minutes. Thank you for saving my exam *u*

Thanks, from India

Thank you, very helpful

you explained this so well, is there a video of you doing harder mathematical questions, for example one where K and L have different powers?

Salute to The goddess of Econ

Your videos are easy to understand and not unnecessarily long...thanks!

You are a sexy ah bod

Thanks you so much.

This is basically the matching pennies game.

you're actually the absolute best I'm trying to do my homework and I have a test tomorrow and I just did NOT understand the way it was explained and felt like an idiot sitting through lecture with everyone else understanding. I'm literally binging your videos right now and they are SO great Update: I THINK I DID GOOD!!! IT WAS SO MUCH LESS DAUNTING THAN ORIGINALLY

Thank you thank you thank you! This part of the chapter has been so confusing to me, no one has explained this clearer. You are an amazing human being.

My AP microeconomics class had a lesson on this today and I didn't really understand it, but watching this helped, thank you!

Makes no fucking sense

Thank youu

Thank you for sharing your videos! Please don't stop. You are definitely helping me understand my game Theory class!

thankyou for the easy explanation

Thank you so much! Your videos really save my life😭🙏🏼🙏🏼 Could you do a video explaining mixed strategy as well?🥺🥺

you are the best always keep it up

You explained so beautifully thankyouuu!!!

Savior

Really great video which i desperately needed because my lecture notes didnt explain this at all 😭 by any chance would you have any video examining LRAC and SRAC shifts when a firm uses cost cutting strategies? I'm really confused as to which one shifts when the firm reduces its own cost because i keep getting different answers 😞

Why are u diving by 4

thank you so much for this video. Tried hours to understand the concept, but after watching your video (and playlist) I truly understand the concepts

without this I would have been totally lost

Holy shit u have made everything click

3 30am I'm dying, thank you.

This was so easy to grasp! Thank you so much!

Ohhhhhhh my god. Finally everything clicked at 4:05 . I've been staring holes into my prof's nonsensical shortest possible answer minimum effort notes and here I find the literal key information. Wild. I don't know why they eeven pay econ profs at universities anymore. Thank you!

Why did You not invert the function?

I have watched atleast 10 videos before. But finally your video was the one which helped by finally understand it. Thank you so much.

I'm an ACCA student, and in F5: performance management we have to study this topic, I can't begin to explain what they've done to it in their syllabus, they outright refuse to use the brain... at all, and I'm not saying this out of anger or disappointment, it's just the way things are. E.g they refused to teach us Marginal Revenue bcz, and I quote "Studying MR requires mathematical derivatives, many of the students haven't studied it so it's not part of your ACCA syllabus, we'll just give you a formula MR=a-2bq, and elasticity is constant, wtf are derivatives? and oh, this "model" cannot be used in the practical world bcz it uses the high-low method, it assumes a linear relation btw demand and price" Then how about you don't use the high-low method? HL method is the biggest nonsense ever, stop shoving it down our throats. ever heard of regression? there are so many types of it, one of them might be appropriate? or how about you use some statistics and probability if appropriate? how about you don't assume a linear relationship btw Q and P? How about you stop doing the stupid things you're doing? Maybe the model would work if you would at least try to use your brain. WTF man???? I studied calc 1 in high school when I was 17, I studied multivariate calc and (some) differential equations on my own, calculus is the easiest thing out there and they refuse to do anything that requires them to use their brain, they do this all the time, they do this to everything, consider the problem of limiting factors, now imagine the most stupid way of approaching this problem, well ACCA have you covered, they teach Marginal and Throughput accounting, that only deals with one limiting factor, if there are two products and many limiting factors, there's linear programming, well, what if there are many products and many limiting factors? you may ask: "Well then go duck yourself, we can't teach you anything that's of value and requires you to use your brain". And I can't even begin to tell you what they taught us in the learning curve, this is the most stupid subject ever. Studying it just boils my blood. If someone is reading this, just don't go into accounting, and don't do certifications, they're not a good education. Go to a proper university and study a stem degree. A BSCS from an unknown university >>>>>>>>>>>>>> ACCA+ CFA+CA+MBA+ work experience from biggest A&F companies on earth.

Thank you

Thanks for the video - I have a question, why are indirect income taxes "separately" part of the GDI? Are they are not implicitly included as a part of the incomes (private, HH, corporates, etc)?

that's a great video....i understood perfectly

I am confused with the dominant for don

Thank you for the video! so why is mr steeper than ar?

it really helps me tysm wish me luck for my final exam