You are saving my "educational life!" I have a hard time because we get 1 hour a week with a teacher that does not show us any of the math. I retain the information so much better this way! Thank you for making this available for the % of people that learn better with the verbal and visual explanations. Bravo!
thanks for your exertion and time. I have a question, in the "a tax on buyers" part, how does tax decrease the price of smth? I mean, in my life I always know that tax is the thing that increases the price of goods before buyers get them
Decreases demand so the MARKET price is lower. However, with a tax the market price no longer prevails. There’s then a price tag (market value), a price buyers pay (higher end of the new tax wedge), and a price sellers get (lower end of the tax wedge).
You are saving my "educational life!" I have a hard time because we get 1 hour a week with a teacher that does not show us any of the math. I retain the information so much better this way! Thank you for making this available for the % of people that learn better with the verbal and visual explanations. Bravo!
Thanks for helping me not fail my next microeconomics test! These lectures are a total godsend
Hopefully going to pass my economics test next week with your videos.. Been a great help so far.
your classes are still gold and useful now, tomorrow I have a test wish me luck
I have a quiz in 4 hours and I don't understand anything online eekh covid times
This video help me alot as am approaching the exam....
Test on Monday, thanks a lot!!!
Dude u saved me☺️☺️😂😂
Thank you... It's really useful :)
thank you
thanks for your exertion and time. I have a question, in the "a tax on buyers" part, how does tax decrease the price of smth? I mean, in my life I always know that tax is the thing that increases the price of goods before buyers get them
Decreases demand so the MARKET price is lower. However, with a tax the market price no longer prevails. There’s then a price tag (market value), a price buyers pay (higher end of the new tax wedge), and a price sellers get (lower end of the tax wedge).
thank youuuu
You sound like Owen Wilson