My mind exploded, of full understanding, when you put the numbers of all the total fixed costs. thank you for making this REALLY easy

Hazrat Ali (RA) said once: “If a person teaches me one single word, he has made me his servant for a lifetime". Respect for you Ma'am, I am able to learn these basic concepts very easily.

Your video really helped me to cope up and understand this topic because I'm not able to attend my class discussion about this. Thank you so much for making it the easiest explanation.

This helped me so much!! Thank you for sharing. You are a lifesaver!!

Thank you so much, why am I seeing this now, after struggling almost a whole semester 😊

@ambersingh3175

Ай бұрын

in my 7th standard it comes on an exam but i forgot so I am watching again

Thank you so much . Very easy to understand. Very well explained ❤️🙏

Super helpful. I've used this video multiple times while trying to complete my homework and quiz's

@ingrnomics

Жыл бұрын

This is great to hear - thank you and I’m glad it’s helped:)

You explain really well now i understand cost

This is very helpful and I understand now Thank you for making it easy

Thank you so much for this. It means a lot to me.

hello! I'm struggling to how to get marginal cost not until i saw this! I'm very thankful to you for making it simple and very understandable 😊

@ingrnomics

2 жыл бұрын

Thank you for your comment and I’m so glad you found it helpful😊

@RalphAmenao-pl7bg

9 ай бұрын

Its very clear and simple 😇

Thank you so much for explaining this in a very simple manner! I was searching for this explanation for ages!!!! Finally found one that I can understand!!!!!!!!

@ingrnomics

3 ай бұрын

I’m so glad it was helpful😊

খুব সুন্দর ভাবে বুঝানো হয়েছে। ধন্যবাদ ❣🌸

Thank you for this. It simplified everything

I don’t know why this video has no comment. It just help me so much ! Thank youuuu

@ingrnomics

2 жыл бұрын

Thank you for your nice comment:) the comments were switched off!

Thank you very much for this wonderful video I now understand how to calculate them

THIS MAKES SO MUCH SENSE THANK YOU

@ingrnomics

Жыл бұрын

I’m so pleased, and it’s my pleasure:)

this has made my life easierrrr thankyou so much

Hi Ingr Nomics, I'd like just to say thank you for this great video. Well explained, now I have much clear the picture. I will look in your channel to check if you have some other exercises about supply/Demand, and elasticity, and so on. Thank you again. You have my thumb up

@ingrnomics

2 жыл бұрын

Hi Cristiano - I’m so glad you found this helpful and hopefully you found the other micro videos I have posted here. I have created videos for all of the foundation microeconomic concepts (as in Edexcel Economics A Theme 1 for A Level) at Econ-made-easy.teachable.com with lots on demand, supply, elasticities… Hopefully see you over there:)

Excellent explained simply in 7 minutes wow

Thank yu so much your vid very useful o ruta mnate sahn❤❤❤

Thank very much I fully understand now cause as you know when you ask some teachers they will explain it in the same way but thanks to you I fully understand now I know for sure I won't fail economics

@ingrnomics

Жыл бұрын

My pleasure, and I’m really glad it was helpful:)

Omg this was so helpful Thank you very much💯 This was what I need

Hi am very new in economics, am doing Bachelor of commerce in law with sbs. I had no idea that this is very simple even after looking at different videos that explained this, I still couldn't hear hear what they saying, but now I understand it clearly. thank you so much for this video

@ingrnomics

2 жыл бұрын

I’m really glad you found it helpful:)

Thank you it is very helpful to me You make the concept easy Thank you

Thank you. You just saved me. And made it easy to understand

Thank you! very clear!

Thank you so much you made this so easy

Mashallah great effort❤🔥

I just subscribed and engaged this really helped me… I nearly cried 😭

Hello there, wow I have to say you are a great teacher. I understood everything. I got exam tomorrow. And I'm from India. I thought I won't be able to do it. Thanks to you hopefully I'll be able to do it. Thank you.

@ingrnomics

6 ай бұрын

I’m so glad you found it helpful - and I hope the exam went well😊

Thank you so much teacher I just need your type study person

Seeing from india ..apreciating u

Thank you so much ma'am I downloaded a lot of confusion before I saw your video, just decided to add it to see if I could get it, and you made it so easy, exactly the pattern of my textbook ❤

@ingrnomics

2 ай бұрын

I’m so pleased and thanks for your nice feedback:)

Wow,my best teacher ever

this is a lifesaver... thank you very much ma'am

Thank you I really appreciate it !

I have my quiz today, Thank you so much for help me understand this.

@ingrnomics

2 жыл бұрын

My pleasure and I’m really glad it was helpful:)

Heyyy, thank you so much fir the video....I have my exam tomorrow but I was having some doubts late at night and wasn't able to get any video on youtube but u made it sooo easy for mee

@ingrnomics

Жыл бұрын

My pleasure😊 I hope your exam went well:)

usually i dont comment on videos, but here i wanna say thankyou from bottom of my heart.

@ingrnomics

2 жыл бұрын

Well thank you, I’m glad it helped you - and it’s my pleasure😊

@JaspreetSingh-ip4se

2 жыл бұрын

@@ingrnomics yup

Wow You made this so simple That I have to get an A for this part lol

Thank you soo much 👍, this really helped me😊

Nice explaination and thanks for making me understand these

@ingrnomics

2 жыл бұрын

My pleasure - I’m glad it was helpful:)

Thank you so much.. I understand it now❤

Thank you...clear explanation 😇

شكرًا خيتوو ما قصرتي

ma'am such a great help for me thanks for your help 🙇

You make it so easy tysm

This helped a lot

Thank you mam. It's so helpful.❤

This is amazing thank you so much

So simply explained, thank you

@ingrnomics

Жыл бұрын

My pleasure, I’m glad it was helpful😊

thanks alot for these wonderful explanations

@ingrnomics

2 жыл бұрын

It’s my pleasure and I’m really glad you’re finding them helpful😊

Thankyou to make it easy🥰

Thank you for this perfect explanation😍

Thank you so much for this! It was easy to understand and it helped alot on my homework ❤

Thank you very much for making me understand.

@ingrnomics

Жыл бұрын

My pleasure and I’m glad it was helpful:)

Thank you so much for this. You saved my fckn life :)

I really enjoyed your leason

This is good more easier than i thought

@ingrnomics

2 жыл бұрын

I’m glad😊

thank you, amazing video.

Awesome video. It helped me a lot, thanks!

@ingrnomics

2 ай бұрын

My pleasure, and I’m so glad it was helpful:)

This helps alot thank you

You make it seem to easy but if I see it in an exam somehow I still mange to forget

@ingrnomics

Жыл бұрын

I’m glad it’s helpful and hope you can find ways to remember for the exam. My best advice is to learn each part, step by step, and then practise questions, so you really understand what’s happening and it becomes less remembering and more something that you just know. This video might help: kzread.info/dash/bejne/l5l7ysyFntmbf7g.html

This video taught me more than school

@ingrnomics

Жыл бұрын

I’m really glad it was helpful:)

Thank you so much. ❤️🥺

Wooow much love from Kenya 💕💕 this is incredible 👏👏

@ingrnomics

Жыл бұрын

Great! I’m happy it’s so helpful:)

In a situation where you only have output, total fixed cost and average fixed cost how do solve for the others (TVC, TC, ATC, AVC, and MC)?

@ingrnomics

2 жыл бұрын

Hi Sam - without seeing the whole question and any related data, I can’t say for sure, but these are my thoughts…. It’s possible for variable costs to be zero, in which case you can calculate all of the figures on this basis. You might find this other video helpful for doing this: kzread.info/dash/bejne/l5l7ysyFntmbf7g.html Alternatively, you may have been give information about the variable costs, in which case, use that to do your calculations. Again, this video may help with this part: kzread.info/dash/bejne/l5l7ysyFntmbf7g.html Hopefully this helps you out. If it doesn’t solve the puzzle, let me know and I’ll try to think again!

After a long struggle 🙌❤️

Very helpful!

Thanks for this well explanation 🙏

@ingrnomics

Жыл бұрын

My pleasure - I’m glad it was helpful:)

Thank you!

Thank you so much madam❤

Tanks for the video very helpful

Thnx for easyl explain this topic ❣️🙏

@ingrnomics

2 жыл бұрын

my pleasure and thanks for the ‘like’:)

this video was easy understan to me

Thankyou ❤

Thankyou sm mam ❤

Thank u ma'am 🙂

It's really good🙏

thank ;you that was very helpful 🙂

Amazing!!

Great 👌❤

Thanks so much for this.

@ingrnomics

2 жыл бұрын

my pleasure:)

thanku

Thank You 😊

so simple and so perfectly explained. THANK YOU 😍

@ingrnomics

4 ай бұрын

I’m glad it was so helpful 😊

Thank you...

This video helped thanks

this is one of the best

@ingrnomics

3 ай бұрын

I’m so glad it was helpful - and thanks:)

Thank you

In a situation where you only have output , total fixed cost and average total cost how do solve for the others(TVC, TC, AFC, AVC ,MC)

@ingrnomics

2 жыл бұрын

Hi Daniela - I’ll make and post a video to explain this today/tomorrow, which will hopefully answer all your questions

@ingrnomics

2 жыл бұрын

In summary: TVC = TC - TFC TC = ATC x output AFC = TFC / output AVC = TVC / output MC = change in TC / change in output (and neither are a percentage change, they are just a simple change) I hope this helps in the interim😊

@ingrnomics

2 жыл бұрын

Hi Daniela - hopefully this video helps: kzread.info/dash/bejne/l5l7ysyFntmbf7g.html

AMAZING!

@ingrnomics

2 жыл бұрын

Thanks 😊 and I’m glad it was helpful!

what if there is fixed cost is not given because. In my sum there is always fixed cost is missing and i have to find that, where i am lacking

@ingrnomics

Жыл бұрын

Remember that Fixed Cost is Total Cost minus Variable Cost - you may have been given these figures so you can work out Fixed Cost from here. Also, once you have one figure for Fixed Cost, this can be used throughout, as Fixed Cost stays the same, regardless of output. You may also find this video helpful: kzread.info/dash/bejne/l5l7ysyFntmbf7g.html I hope this helps. Good luck!

Very understandable

Thank u so much

Thanks you so much

thank u ma

Thanks!

THANK YOU