I like you Mr. Welker, nice concise explanations. My $100+ textbook cant explain it at all. I always end up back here where your explanations instantly click.
jason, i do appreciate most of your videos but i need to clarify something, base on the above video, economies of scale/diseconomies follows increasing returns to scale/decreasing returns to scale?as i've known, the former measures cost and output and the later relates inputs to output.
hello Jason thanks for ur response.I am preparing for a competitive exam and I need ur help to clear my concepts.can u please explain the revealed preference theory in detail through a video.
The video is pretty good,but in my book (Pindyick & Rubinfield) they explained that: Inreasing returns to scale-output more than doubles when the quantities of all inputs are doubled Economies of Scale-a doubling of output requires less than a doubling of cost It's not the same
Jason Walker you're the man, going to make me pass my Econ exam worth 30%, thank you for doing what my econ teacher could never do... teach me
I like you Mr. Welker, nice concise explanations. My $100+ textbook cant explain it at all. I always end up back here where your explanations instantly click.
you are the best jason walker!!
this topic was perfectly clarified for me
thank you Mr Welker
Wow that was such a good clear explanation. THankyou so much!
Great work, you know when someone has expertise in its field.
Thank you so much! This cleared all my doubts on LATC
You are amazing. Thank you for this especially for the historical example!!!
Wow..I had a lot of difficulty understanding Long-run ATC before watching your video. But now, it is super clear for me. Thank you!
Thank you, the video is as awesome as you are
A great teacher. i was struggling
you are awesome!!!!!!
Thanks for lucidity of this topic. Thank you very much again
One word - AWESOME🔥🔥🔥🔥🔥 , Thoroughly enjoyed the lecture , thank you 👍
thank you Jason :)
very much thanks to the jason I understood very well about this topic after listening to this video
Damnn!! You're so awesome!! Thank u so much❤️
Omg youre a life saver ! Thankyou so much 🙆♀️🙆♀️🙆♀️🙆♀️🙆♀️🙆♀️🙆♀️
thank you very much this will help me pass my exam
wow with your videos i understand better ..because once i using a textbook it took 2 hours to cover this work ..but noe am good
Thanks you jason
Me welker, you're really good.
Great.
every time when I watch ur videos jason to clear all of my concepts the starting song always force my children to dance...
I hope my IB Econ paper is marked by you (if you're an IB Examiner) because I'll know it's in the right hands.
thank you very much!
jason, i do appreciate most of your videos but i need to clarify something, base on the above video, economies of scale/diseconomies follows increasing returns to scale/decreasing returns to scale?as i've known, the former measures cost and output and the later relates inputs to output.
hello Jason thanks for ur response.I am preparing for a competitive exam and I need ur help to clear my concepts.can u please explain the revealed preference
theory in detail through a video.
God bless you professor,you are great .
veryyy helpfull indeed! i dont even feel the need to go to classes anymore! LOL
Jason tell me what is actually the average cost? theoretically
It is, actually, the per unit cost of production.
what is the song at the start
+Edward Wills It's making me nervous by brad sucks
10/10
The video is pretty good,but in my book (Pindyick & Rubinfield) they explained that:
Inreasing returns to scale-output more than doubles when the quantities of all inputs are doubled
Economies of Scale-a doubling of output requires less than a doubling of cost
It's not the same
Helpful but you're quite fast..
why the average cost goes on decreasing when the average product goes on increasing?
My econ teacher is shit, this one is the shit.