i have a question. if the subsidy were for both (producer and consumer) and the government subsidy were in percentages (example 70%). how should the exercise be set up?
The shaded regions in this video represent the "change" in CS and PS. You're right that CS is on the top and PS on the bottom, but here visualizing the CS and PS themselves is very confusing since they "overlap" a lot when there is a subsidy. So, the best way to visualize here is to think about how much each changes by. CS is the top triangle, and therefore the part below the usual CS is how much it "increases", and the part above the normal PS is how much it increases.
I have a test tmrw and this was the only thing that I couldn't understand for months. this video helped me out A LOT. thanks
Glad it helped!
this was so helpful, thank you so much. got a question in class that couldn't be explained by the textbook and was so lost but this was so clear.
Glad to hear it! Thanks for the kind words!
This is by far the best tutoring video... thanks
Thanks for the kind words! :)
This is explicitly helpful. Thank you.
Thanks for the kind words! :)
may i ask, how to calculate the total surplus after the subsidy?
i have a question. if the subsidy were for both (producer and consumer) and the government subsidy were in percentages (example 70%). how should the exercise be set up?
You helped me so much! Thank you
Glad to hear! Thanks for watching :)
this was so helpful, jeez... thank you so much!
Glad it helped!
bro changed my life
Thanks for the kind words! :)
MUCH RESPECT
Thank you! :)
So what is the producer surplus? $2
?
This was super helpful thanks a lot!
Glad to hear it!
Superb, well done bro thanks
Thank you! :)
Wait! Is he writing mirrored? Respect!
That was the original plan! Eventually we realized he could write normally and we could flip the video so it looks right to the viewer :).
ur mannerisms and ur voice are like ben shapiro
Thannks
Glad it helped!
THANK YOU SOOOOOOOOOOOOOOOOOOOOOOOOOO MUCH!!!
You’re welcome!!
I'm watching this, as the import dependent Japanese economy subsidizes its gasoline prices.
Crystal Clear
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Bro my prof just tells us what is what not why is what if that makes sense xD this helps a lot thx!
Thanks for the kind words!
thank you so much!
I swore the PS and CS were the other way around
The shaded regions in this video represent the "change" in CS and PS. You're right that CS is on the top and PS on the bottom, but here visualizing the CS and PS themselves is very confusing since they "overlap" a lot when there is a subsidy. So, the best way to visualize here is to think about how much each changes by. CS is the top triangle, and therefore the part below the usual CS is how much it "increases", and the part above the normal PS is how much it increases.
@@Diagknowstics thank you so much
you should go apply for teaching in University, it's better than my professors 5 minutes explained all of my 1 hour 15 minute university course
That was helpful! Thank you!
Thank you for the kind words!
Thanks bro!
Anytime! :)
Keep going
Will do! :)
Damn
good video. thank you
Glad it helped! :)
indian ben shapiro
btech econplusdal
(Hood translation), Middleman profit margin +/-