Episode 15: Price Floors and Price Ceilings

[@bariskaahadi4461]

Your videos have saved my life and exam. Thank you! Anyone who wants to learn Economics should watch your videos.
keep up the good work!

[@kipperdsnax]

These videos are so, so, so very good! I'm a senior at Montana State University majoring in both Economics and Ag. Business. These are about as straightforward as it gets. I keep sending all the kids I tutor to this channel because I trust it and feel the explanations are very consistent across topics. Thank you for offering such a great resource.

[@benjaminwagoner347]

Thank you for teaching me when my teacher doesn't.

[@Trickergz]

Wow! Thank you so much! My professor did not explain this well at all! This really helped!

[@lavinia-rosehumphreys7492]

my economics teacher told me about this cos I don't understand economics.... very good... now I understand

[@user-cm6bn8bz9u]

omg this video was so helpful for my IB economics course. Everything's explained really well.

[@brenda6315]

Very clear and understandable. Thank you!!!

[@Respectthewilderness]

very good explained and useful. Thanks :)

[@davidthe16th90]

Thanks this helped me remember what my teacher was talking about in class.
Especially that example about gas and parralel markets

[@bob3913]

I felt that i heard slight hints of bias, but overall this was an excellent video. Clear, concise, exactly what i was looking for. Thank you.

[@kaitlynponicki6954]

Thank you so much for this video. You saved me for my Micro final!!

[@namphe]

Very good explanation !! Thanks

[@ElenaArtyukh]

Thank you so much! videos are amazing! so easy to learn

[@pouyanpiano]

Such a great teacher

[@soaifsarasiya9816]

At 5:29, why could both supply and demand curve move. As there is excess demand shouldn't the supply curve move instead of the demand to form a new equilibrium?

[@MrPardoXx]

What effect does price floors have on the stake holders in the market for a certain product?

[@NITROUSOXIDE921]

I don't get why the price floor is above the price ceiling! Why is the minimum price for some good above the maximum price for a good? Can someone explain it to me?

[@cryschin]

Thanks..very clear examples..

[@strangelitgirl]

Thank you 👍

[@thomaschrystie6817]

Very Beneficial, thank you very much!

[@AbGarg51]

If the government doesn't buy the surplus, then won't the farmers not produce extra if they can't sell it for the high price?

[@SKINWALKER]

It's bad either way! Thank you for this vital piece of information...

[@hajirakhan465]

You are a life saver!!

[@ayandaseboni816]

MJMFOODIE for world president this is such a helpful resource

[@DianeTroll]

very helpful video

[@afrizallukman7720]

you da real MVP THANKS

[@abhishekshah1400]

thank you for this!

[@zotgo]

by the way, isnt the demand curve of gasoline should be more vertical? becasue gasoline is an elastic good

[@zotgo]

yeah it is inelastic. but inelstic should have more vertical demand curve

[@johnnypixel3763]

So at 3:16 is that suggesting that the government COULD get involved on marketing milk? Can you imagine that? A "Got Milk" advertisement payed by the government. That's funny to think about.

[@zotgo]

so cool

[@zehradilarakaradeniz7953]

great! thanks

[@stevenpai7441]

What if pigs could fly?

[@SPIKEJONES12211]

everything makes sense, my brain is overloading

[@bonniecheung6017]

thx ~~ now i understand now

[@marinpz1827]

The gas one aged well...

[@lundusimuchenje762]

thanks

[@SakuraGomez]

OMG , YESSSSS

[@forcecristal]

clear as cristal

[@zotgo]

i kinda forgot and switched it around

[@glswenson]

Thanks, Obama.

[@2dansonfan]

Alaskan Wild Rice refuge

[@peachesndberry]

I GET IT!!!!!!!

[@emanmoz66]

I sow it thanQ

[@commodorecam311]

mjmfoodie libertarian confirmed