@@abdirahmanmumin Honestly, I binged watched all of Econplusdal's videos and bought the guides. I then just practised questions or made mini-plans for potential questions that could come up! I didn't really learn much from my actual Economics teacher.
If the government wants to instruct a natural monopoly (with a positive rising MC) regarding socially optimal price the monopoly mist fix, then the government will tell the monopoly to select price where It's marginal cost is equal to AR OR It's marginal cost is equal to MR
@@abdirahmanmumin i memorized the physics and maths tutor notes, watched his videos whenever the notes were confusing, then did every past paper i could find. The key is to memorise and UNDERSTAND the notes online and to perfect the structure to answering essay questions. Edexcel
Hello, a great video about Natural Monopoly. I'm myself partially studying Economy and I have read some books where there is another point of regulatory price and that is the point where LRAC = D, which means the company will have a normal gain or a "zero profit", yet it won't have a loss. It's true that the demand quantity would be lower for that price, but given the fact regulated natural monopolies are in a case of loss subsidized and compensated by the state, all taxpayers are eventually paying for the loss. What do you think?
p would still be too high and q would be too low for it too reach allocative efficiency still, since the goods/services are essential it would be subsidised to stay at P=LRMC
if natural monopolies don't happen in free markets then name one video game which does ALL of these: -it is a class bassed fps -it allows the players to switch the weapons of their classes -a big portion of the weapons and not mainstream weapons(by mainstream i mean the ones that appear in most shooters where they don't do anything other than changing stats) -it is not named team fortress 2. edit: I removed the "it is free" requirement.
Love the energy dal! Makes me forget about the miserable pit of despair I find myself in on a day to day basis. Keep up the excellent content!
I hope you get better!
me: :(
him: HI EVERYBODY
me: :)
:)
thank you for this :very clear and simply explained without any annoying music or jokes. yay!
Why do I feel like its pointed towards Jacob Clifford? XD
@@JSNMusic yeah XD
@@JSNMusic Jacob Clifford is the OG
Loool
Fact
i got an A in economics last year now at uni but still watch your videos for nostalgia ahahah love u man
Well done 😍😍
How did u get an A at economcis??
@@abdirahmanmumin Honestly,
I binged watched all of Econplusdal's videos and bought the guides.
I then just practised questions or made mini-plans for potential questions that could come up!
I didn't really learn much from my actual Economics teacher.
@@aliakbarshah3223 what about the exam technique
@@abdirahmanmumin Just practice past paper questions and get your teachers to constantly mark them
certainly one of the best explanations so far.
This was an incredible explanation. You have a real skill in making complex things appear simple. Thanks Dal!
What an absolute legend you are, super clear explanation
A master of his trade, the best on TH-cam. God bless you, sir.
This is really good, thank you so much! Best video on the topic I've seen
Great explanation and I love your enthusiasm!!!! Thanks so much :)
What a fucking legend mate , literally my professor is crap , you have explained it way better tho , thank you 🙏
really good explanation, I am studying imperfect competition and this video has been a big help!
You are so passionate. I love it!
The way you explain these topics are amazing, thank you so much !!
Very helpful and well explained. Thank you.
best video, your enthusiasm is brilliant
Very well explained - thank you!
you're literally the best, thank you so much !!
Thank you sir, you made it very clear to understand in short time
Your enthusiasm is inspiring :)
This is great. very clear.
Great effort. Thanks a lot. Please make some videos on game theory. Couldn't find any.
your videos are very helpful
You’re a legend my teacher is completely lost compared to you
bless your soul
Many thanks.
If the government wants to instruct a natural monopoly (with a positive rising MC) regarding socially optimal price the monopoly mist fix, then the government will tell the monopoly to select price where
It's marginal cost is equal to AR OR It's marginal cost is equal to MR
Thankyou♥
awesome explenation
Useful, thanks!
take a shot every time he says "huuuge"
Nice video,Great job. but why didn't you talk about average cost pricing method?
Hey! Any chance of an A* context video?
Hi Dal, please can you explain why LRMC is falling and below LRAC in your diagram?
can we use this to show the strict rpi-k price regulation by OFWAST- and so threfore is gfood for the public interest?
I want to ask someting. What will happened to the graph when the natural monopoly increasing its price?
sorry if it is a stupid question, what is the difference with monopoly and natural monopoly
oh ily sm. saving my a level so bad💀
Ia have a question.
Is natural monopoly least harmful to consumer?
I have an economics degree but I watch these just for fun! Great videos
Get a life
wtf lol
Ok... XD
Weird flex, but ok
why are y'all coming for my Manz?
Will the fixed costs be fairly high then?
love ❤
What a God.
really good video.
I love you 💕
Thanks vikkstar 123
Thankyou i owe whatever grade i get tomorrow to you!!
What did u get
@@abdirahmanmumin i got an A in the end and I’m telling you all thanks to this goat
@@jaykay9511 what did u do and what exam board??
@@abdirahmanmumin i memorized the physics and maths tutor notes, watched his videos whenever the notes were confusing, then did every past paper i could find. The key is to memorise and UNDERSTAND the notes online and to perfect the structure to answering essay questions. Edexcel
@@jaykay9511 did u just watch all his vids?
Hello, a great video about Natural Monopoly. I'm myself partially studying Economy and I have read some books where there is another point of regulatory price and that is the point where LRAC = D, which means the company will have a normal gain or a "zero profit", yet it won't have a loss. It's true that the demand quantity would be lower for that price, but given the fact regulated natural monopolies are in a case of loss subsidized and compensated by the state, all taxpayers are eventually paying for the loss. What do you think?
ok
ok
What did u get in ur a level
ok
ok
What if firm is producing at P=LRAC?
That can be called an equilibrium of a natural monopolist?
did you ever find out?
p would still be too high and q would be too low for it too reach allocative efficiency still, since the goods/services are essential it would be subsidised to stay at P=LRMC
im actually shocked at how much I understand this
i love you
iloveyoutoo😂😂
AS LONG AS N AT MONOP[LY IS REGULATED!!!!! will a natural m,onoply be ALLOCAGTIVELY AND PRODUCTIVELY EFFICIENT!!!!
Imo a top 10 dal video
regulator has a positive kd
🤩
huuuuuuuuuuuuuuuuge!
you look like shailen
👍
haha，thx
ride me dalllly
you remind me of Trump when you say "Hyuuuuuge"
if natural monopolies don't happen in free markets then name one video game which does ALL of these:
-it is a class bassed fps
-it allows the players to switch the weapons of their classes
-a big portion of the weapons and not mainstream weapons(by mainstream i mean the ones that appear in most shooters where they don't do anything other than changing stats)
-it is not named team fortress 2.
edit: I removed the "it is free" requirement.
Hi
@@jawatu6326what do you want?
help me
AS LONG AS N AT MONOP[LY IS REGULATED!!!!!
Is this Vikstar?
lolllllll
deaddddddd
Whos here coz of morgan hw 👩🦯👩🦯