Understanding the relationships between Total, Marginal and Average Product

[@zubairazamsiam20yago97]

Finally the legendary class came to an end.

[@bradansel]

SOOOOO helpful even 7 almost 8 years later. Ur the best

[@danielschwegler5220]

Indeed

[@adaramolamary9981]

First time I'll comment on TH-cam
This is simple, straightforward and clear, thanks really appreciate

[@mobicheema2381]

First time i have ever commented on a youtube video. Simply Awesome. People! I know this concept is confusing but if you just give yourself 18 minutes this guy could clear all the questions you have but again you gotta be paying attention. Thank YOU SIR

[@nguyenthiphuongdung1262]

You are a really good lecturer. I learn a lot from you. Thanks so much.

[@bernadinehudson6859]

Love the practical examples, explanations are not technical and this makes it easy to understand. thank you!

[@surrahhhh]

The magnet example is a perfect explanation! Thank you so much.

[@salemkraidi3530]

You should teach our teacher to teach us like your teaching. You are great teacher sir

[@JasonWelker]

@zeroizhar Marginal product is the change in total product resulting from each additional worker.

[@mariamh.2714]

Oh my god thank you so much!! I wish I looked for this video 4 hours ago while I was going through all the notes and the book 😩

[@felixerhabor8075]

You've made it so simple to umderstand, thanks a lot😊

[@AivadorigaIgo-ec7nb]

True❤

[@xinxinchen]

thank you!!! i am self learning and was so CONFUSED but after watching this I understand!!!!

[@mouhammadmouneerluchmun1629]

Thank you a lot . Your expanation will help me for my economics exams

[@ugurcancelik3357]

you are life saver even 8 year later

[@adamkhan9899]

when plotting marginal product shouldn't you plot the points at the half way point between each level of factor input?

[@iremdir234]

you are the best ! i finally start to love Economics

[@tdeditz1699]

Thx a ton sir this video made me understand it so easily

[@umerahmed6678]

This was so well explained !

[@DavidGibson-kc8sk]

Thank you for well explanation🙏🙏

[@st0cyl0vesch33se]

You are way better than my college professor omfg

[@ades.p.5245]

This video helps me a lot , Thank you so much sir

[@just-pure-chaos]

In graphing the sets, i noticed that the scale in the quadrant in x axis, for every 1 unit is marked 1 and additional 1 progressively, but in the y axis with the same or equal value of unit it is marked 2, and an additional 2 progressively. Is scaling in graphing this sets matter.?

[@misba9128]

How did uh took tht tp total product number 🤔

[@yinyin7614]

Awesome video. Recommended.

[@neobat1]

nice explained, thanks a lot!

[@williamharris1544]

very helpful, best 15 minute power nap ever

[@suzy_h6397]

This is excellent, thank you!!

[@angelinedeborah5345]

thank you for the video! this made it much easier to understand!

[@hrshield1626]

Which song was in starting? 😁

[@UcheCajethan-ef2lm]

Thanks for the lesson it was understood

[@mzaz2844]

thank you so much!! wish i could attend your class in real life!

[@COCO-rh8ey]

OMG, YOU SAVED ME !!! THANK YOU

[@zaccaih]

W lecture. Thanks for this video!

[@Childrensmathes]

Explained very well.Thank you very much.

[@andyt9677]

The intro was great

[@Hart4naturals]

OMG! This was excellent!!!

[@karanmehra6909]

Very helpful, thanks for the informative vid.

[@juliane1mota]

Awesome explanation!

[@taxationistheft7047]

for marginal product when you increase from 0 to 1 worker why don't you plot the points at .5 instead of 1, etc? the MP only occurs at the midpoint between them

[@mohsenasarmin3493]

Love from Bangladesh.Also thank you very much sir

[@scdgjilh]

doesnt TP start falling only when the MP is lower than the average?

[@richaka]

Great explanation sir, thank you.

[@ChipoMary-pl6fk]

Mmmm you are good , this is my first time commenting on learning videos

[@JasonWelker]

@valenzc3 Total product is the presumed output of the firm. I made it up.

[@zeroizhar]

how do you get marginal product sir?

[@valenzc3]

how do you find TP (output)?

[@aalokdhonju5809]

Thanks for the explanation 🙂

[@khonymony]

Very good explanation. Thank You

[@gamaleissa7657]

You're the best.. Thanks professor

[@021aminul]

wonderful explanation , thanks❤️

[@suesao629]

really thank you I was lost and couldn't understand any thing ,really appreciate your efforts

[@dikshamunogee5576]

could u please do exchange rates

[@KhalilHomaam]

Thanks for clear explanation. Arigatu !

[@07Shivamk]

Amazing tutorial sir!

[@hanafisr125]

Tqvm sir may God bless you

[@akotmartin5730]

Very nice and I love this final to studies economic

[@movieniwilly]

Very helpful. SALAMAT PO!

[@nishantmaske1]

Very nice explaination and thannnnnnkkuuuu sooooooooo much

[@soso-ku9fx]

very very very very helpful.

[@ninamikou]

thank you this is so helpful!

[@yevodee4024]

Prof. Welker, your idea to get your students to make those paper-chains was very innovative indeed!
I have a question, though: As you increased the number of students, did they work on the *same* paper-chain that was started by the first student, or was a *new* paper-chain created every time that a new student joined the "workforce".
In other words, was there *one paper-chain that kept getting longer* with each student who was added to the workforce, or did the *number of individual paper-chains* increase each time a student was added to the workforce?
Thank you!

[@kavindudulanjan2548]

Nice explain, tnx

[@j53iliff2]

Cool vid, would you end up hiring 4 or 6 employees?

[@not4yman]

6 employees

[@williamharris1544]

@@not4yman 4

[@pharihavolleyballteam103]

woow so nice ur big thanks because I am not find out AP

[@daragsanket]

Awesome video....thank you

[@nataliavasquez3360]

I wish you were my professor

[@pascalketumile]

You you didn't explain how exactly you plotted mp and ap🙄

[@kipoalpha4380]

good teaching

[@lindyblu99]

excellent explanation :)

[@alisa__-ix9id]

nice! i understand it now☺☺

[@sirgepavani6774]

thanks alot good explanation

[@stefanvicoleanu2911]

beautifully explaiend

[@AaliyaKhan]

making paper chains in an economics class!

[@md.moniruzzamanmia7233]

SPECIALLY THANKS

[@zannatulislam9370]

thank you sir

[@Nightengale0000]

Thanks again

[@DianaHeinsbergen]

Why did you not talk more about the dots ? instead of going fast over them w

[@yohanjhaveri3271]

1:00 Child Labour

[@mohammadalwi3917]

Thanks

[@livealife5102]

Oh my.. thanks a ton!

[@jeanbulyaba]

Man, you are good!

[@Suwaniify]

Thank You!!!

[@majlindamanushi9057]

Thank you mate!!!

[@thebashii1519]

thank you a lot you help me

[@Ligogoc00]

Thank you

[@592leroy5]

thanks

[@maazmalik6018]

ty :)

[@ahmedalam5048]

9:06: hardest part

[@skylerwang8846]

"i use my students as labour" AHAHAHAHA comedic gold i must say..

[@leratolikhomo1649]

I like you my brother! Thanx

[@shahzainahmed9653]

you mean marginal profit , avg profit and total profit and not product

[@tabithaneema2270]

No it’s product not profit

[@maazmalik6018]

9 years :D

[@arowolodavid1683]

It's ok

[@realdvgarg]

When I read 2012, I think 2 years ago not 8.

[@SubashChadara-ft2qn]

🎉🎉🎉

[@Sumanofficial-qf4nv]

Please explain in Hindi medium

[@amitkumarsharma8098]

nice

[@i3elieve]

I feel so dumb if these kids are learning about MP AP and Diminishing returns, why am i doing bad in econ while im in college :( FML

[@zeroizhar]

tnx ^_^

[@Sumanofficial-qf4nv]

Hii