ARGH U BEAUTY. Your videos are the best thing ever. Just like to say thank you for posting these vids and im going to get a good grade because of you :D.
Not really related to this, but could you do a video on the Cobb-Douglas production function? I'd be very grateful, and I'm sure many others would be too.
It is, when it shifts outward, the cost at each point reduces right, outward shift in demand means more quantity at same price, outward shift in supply means less cost for same quantity
+Dave Emimy If you start with a smaller base, even a small amount of economic growth accounts for a large % of the size of your economy If country A has a total GDP of $100 and increases its output by $50 that's a 50% economic growth rate If country B has a total GDP of $1,000 and increases its output by the same $50 that's a 5% economic growth rate Hope that helps.
Thanks a lot! Love your videos, they're a real life saver thank you. Just one quick question, in some revision guides it shows the msc is a pivotal shift from mpc is that the the same as the parallel shift you illustrated? Thanks again your videos are so helpful
Thank you from the very bottom of my heart. I cannot stress how much you've taught me and helped me.
this is so cute I feel you xD
This is awesome!!! you made it so easy and clear ....thanks a lot . I really love this.
Actual legend
Thank you, you are a life saver!
Thank you soooo much! I have an A level Econ paper tomorrow... pretty sure you're the only reason I might just pass
Did u pass?
Who is watching this in 2024
Paper 1 tomorrow 🙈
@@skepabbas9400 its paper 2 tomorrow dude
@@orimazya7729maybe they’re talking about mocks:D I have a mock paper 1 tomorow-
ARGH U BEAUTY. Your videos are the best thing ever. Just like to say thank you for posting these vids and im going to get a good grade because of you :D.
Thank you this really helped me :)
Cool. Clear explanation.. Thanks
Not really related to this, but could you do a video on the Cobb-Douglas production function? I'd be very grateful, and I'm sure many others would be too.
Thankyou sirr ..Really helpful..Please add english subtittles also..
Why is MSC smaller than MPC?
Isn't it supposed to be higher social cost?
It is, when it shifts outward, the cost at each point reduces right, outward shift in demand means more quantity at same price, outward shift in supply means less cost for same quantity
fuck yeah
hell yeh
Bromsgrove School Student says thank you
Thanks a lot brother.❤
what is big pencil ruler
You're the best
can someone please explain why smaller economies is a possible reason for faster economic growth?
+Dave Emimy If you start with a smaller base, even a small amount of economic growth accounts for a large % of the size of your economy
If country A has a total GDP of $100 and increases its output by $50 that's a 50% economic growth rate
If country B has a total GDP of $1,000 and increases its output by the same $50 that's a 5% economic growth rate
Hope that helps.
Dom Evans thanks this has really helped
Thanks a lot! Love your videos, they're a real life saver thank you.
Just one quick question, in some revision guides it shows the msc is a pivotal shift from mpc is that the the same as the parallel shift you illustrated? Thanks again your videos are so helpful
+Sakib Ahmed Hi there, a pivot shift would be for an Ad Valorem tax (i.e. a percentage tax) whereas I have drawn a specific tax (unit tax)
Thaanks a lot , brief and precise
thank you
Legend
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