Could you do a video on, understanding what the different exam questions want you to write about, like the different wording -evaluate , asses , impacts, consequences etc cherrs
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so say if company C's total cost was at the moment was say £50,000, does that mean their profit would be £190,000 minus the £50,000 plus that £10,000 economic cost giving a profit of £130,000 ?
As per economists, the company would consider the following: 90,000 - 100000 (implicit cost) - 50,000 (explicit cost) = - 60,000 (Loss i.e. sub normal profit) For accountants however, 90,000 (revenue) - 50,000 (cost) = 40,000 (profit)
honestly you have a gift of simplifying confusing topics love your videos super helpful thank you so much!!
Thank you for your uploads, I am not part of your course, but I do enjoy learning about economics and your channel has been a Godsend!
The god of Economics
I love how I can get about anything in your presentation Sir
You're doing a great job. Love your teaching style man!
Thank you man, you're a lifesaver
have a test about this tomorrow, how did you know?
thank you all much:).
Could you do a video on, understanding what the different exam questions want you to write about, like the different wording -evaluate , asses , impacts, consequences etc
cherrs
Jheeze man like Dylan
So this is what got you a B dylan in economics, the secret ingredient big boy paj
Thanks for the simplified and easily understandable lecture
YES. Tnx dude, you'r a great teacher!
Smashed It!
Awesome vedio Sir😊 Thank you for explaining with examples..
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Loved this! Thank you :)
Superb video 👍
So, clear. Worth for 6 min .
Great video!
Is opportunity cost same as implicit cost?
true legend. true legend........ TRUE FUCKING LEGEND
Quick and great
sooooooooooo well explained
so say if company C's total cost was at the moment was say £50,000, does that mean their profit would be £190,000 minus the £50,000 plus that £10,000 economic cost giving a profit of £130,000 ?
As per economists, the company would consider the following:
90,000 - 100000 (implicit cost) - 50,000 (explicit cost) = - 60,000 (Loss i.e. sub normal profit)
For accountants however,
90,000 (revenue) - 50,000 (cost) = 40,000 (profit)
thank you so much
Thank you
Thanks
Honestly where has this explanation been all my lifeee
Minimum level of profit required to keep fop in their current use
Thank u sir
Cheers
Thank you(:
@econplusdal can you do a video on the "Quantity theory of money"
how does this guy click so loud. good vid btw
❤️🔥
is normal profit the same as breakeven point?
no
what exam board is this?
Do my eyes deceive me or do I see a Pi in Economics? Is this some undergrad Economics notation?
Pi means profit in economics and accounting.
Thank you
Thank you