This is an odd question, but does a person become weaker and less self sufficient by allocating skills to another person for the pursuit of profit/efficiency?
could u tell me when we use the slope at 12:39? is it when we draw the PPF with trade, we must use the slope? plz explain bc im gonna take a test next week :(
How did you decide to use 2 for x on the first problem, Also how do did you decide that the rancher was going to make two different types of products while the farmer only makes one type of product
and could u explain why the x of B' of the rancher's PPF is 3? in my opinion, i think that the farmer devote all his time to produce potatoes, so he cant produce meat but the rancher give him 3lbs of meat so the A; is (4;3). on the other side, the rancher devote all her time to produce meat, so the number of potatoes that she produce is 0. but she give 3lbs of meat to the farmer and receive 1lb of potatoes from him, and i think the B' must be (1; 37). this part has kept me stuck for these days now huhu plz explain
Unless the rancher didn't really want to eat a ton of meat and only a pound of potata. So she figured out that (3;21) would be a better plan. So she produced 2 pounds of potat and received 1 pound of potat (I guess😕)
Thank you for your uploads! I was hoping you will be uploading more of the following chapters!
This is very helpful, thank you.
Good job.keep it up never stop....
Can you please do the exercises for this chap too ?? 🙏🏻
i could not understand what they produce in case of rancher
This is an odd question, but does a person become weaker and less self sufficient by allocating skills to another person for the pursuit of profit/efficiency?
In my view, indeed
could u tell me when we use the slope at 12:39? is it when we draw the PPF with trade, we must use the slope? plz explain bc im gonna take a test next week :(
No tiuday😠😠😠
well explained !
you're videos are great
How did you decide to use 2 for x on the first problem, Also how do did you decide that the rancher was going to make two different types of products while the farmer only makes one type of product
he was probably referencing it from the textbook
and could u explain why the x of B' of the rancher's PPF is 3? in my opinion, i think that the farmer devote all his time to produce potatoes, so he cant produce meat but the rancher give him 3lbs of meat so the A; is (4;3). on the other side, the rancher devote all her time to produce meat, so the number of potatoes that she produce is 0. but she give 3lbs of meat to the farmer and receive 1lb of potatoes from him, and i think the B' must be (1; 37). this part has kept me stuck for these days now huhu plz explain
Unless the rancher didn't really want to eat a ton of meat and only a pound of potata. So she figured out that (3;21) would be a better plan. So she produced 2 pounds of potat and received 1 pound of potat (I guess😕)
@@instantbeansoup điu! 😡
okay it’s good but your speed is too slow
Why have you taken x= 2?
Am not able to understand this.!
shikha joshi samee... tht part has kept me stuck for theee days now uhhh!!
Why do people say that in real economics, everyone is interdependence and gain from trade?
Can you explain me with this question that related to the lesson of interdependent and gain from trade. I need this answer for my exam!
Chapter 2 please
th-cam.com/video/4o69zH4uycI/w-d-xo.html
How x=2 plz explain
@@economicscourse She thought that the rancher would fully specialize in producing meat
Economics Course but this assumption will not be true for all conditions ryt?? Then how do we solve other problems?
i love you