It's funny to think that at the time I'm watching the video there is a pandemic happening and everyone is getting crazy about toilet papers. Anyway, thank you so much for the video :)
It would be interesting to see if Total Consumer Surplus actually diminished or not. Clearly when we can price discriminate some of the consumer's surplus transfers to the producer, the Total Surplus also increases. So the proportions change but perhaps there could be a scenario where Total Consumer Surplus also increases.
I dont understand how those small triangles are the consumer surplus surely the consumer surplus is the triangle from the highest possible price they could have paid vs what they are actually paying , so the tops of each triangle should always be from the same point.
You are the best I also took online programs of universities but your explanation is Amazingggggg! I will introduce you to my friends you are the best thank you for the video
Isn't it possible that demand would fall for the lower quantities once cheaper, bulk options entered the market? Like somebody who buys in bulk because it is offered but they would have payed the higher unit price if it wasn't
Just wanted to say your videos are probably among the best economics videos on TH-cam. Great job!
yes
It's funny to think that at the time I'm watching the video there is a pandemic happening and everyone is getting crazy about toilet papers.
Anyway, thank you so much for the video :)
Thanks for your explanation. I needed to brush on these concepts. This form of discrimination is so useful in bussiness. I love it
The intro music is dope
Clear explanations, good examples. Thank you!
It would be interesting to see if Total Consumer Surplus actually diminished or not. Clearly when we can price discriminate some of the consumer's surplus transfers to the producer, the Total Surplus also increases. So the proportions change but perhaps there could be a scenario where Total Consumer Surplus also increases.
Love these videos. Keep it up JW!!
Amazing video, thanks a lot!
great help, thank you !
That diagram is so dope!
just subbed , I hear nothing but facts.
Thank you!!
Thank u. U are amazing ❤
I dont understand how those small triangles are the consumer surplus surely the consumer surplus is the triangle from the highest possible price they could have paid vs what they are actually paying , so the tops of each triangle should always be from the same point.
You are the best I also took online programs of universities but your explanation is Amazingggggg! I will introduce you to my friends you are the best thank you for the video
luv u
thank you so much for this!!!
Isn't it possible that demand would fall for the lower quantities once cheaper, bulk options entered the market? Like somebody who buys in bulk because it is offered but they would have payed the higher unit price if it wasn't
Superb...
Great video
Thanks sir
What? Is the DD curve market dd or individual dd?
I think there is a mistake in the graph that the ATC is always higher than MR.
Why the MR is not Demand curve?
So is that little white triangle on the right of the colored area the dead weight loss?
actually I think that's it
Nice