GiganticWebsites.com is a project through which I make it possible for people to build truly gigantic websites (thousands of articles each!) at ridiculously low prices. If you have a great domain you want to turn into an amazing website or an existing site you'd like to upgrade/scale, visit our website or check out the One Minute Economics presentation video below: kzread.info/dash/bejne/mXls26eIgamzptI.html Please note that this comment is not an ad for a third-party service provider. GiganticWebsites.com is my baby 100% and I will personally be involved in each and every project so as to ensure the website turns out great :)

no intro straight to the point. well done

Learning english + learning of supply and demand hahaha, thank you very much

@OneMinuteEconomics

4 жыл бұрын

Congrats + congrats :)

@mathiasfoletto4876

4 жыл бұрын

@@cumpanherodomtst961 yeah men!

@abraaoneto7020

4 жыл бұрын

Dale Vergara kkkk tmj

@leticiafreitas4723

4 жыл бұрын

Yes hahahaha

@asanamaria

4 жыл бұрын

Mathias Foletto oi! Tem como ouvir e ler ao mesmo tempo? Como os áudios do Jackson Roger?

We've been trained to demand that which is easiest for the suppliers to supply.The things that benefit us aren't as easy to supply as the things that don't benefit us.One example would be to compare the distribution of canned goods versus fresh produce.One has a short shelf life and the other has a long shelf life.

Nice job man, I really appreciate your work.

@OneMinuteEconomics

8 жыл бұрын

Thanks a lot for dropping by, comments like yours always make my day :)

@noel7777noel

5 ай бұрын

Shareholders mes up supply and demand math. One doesn't take the profits from strawberries and invest in apples, AKA hedge funds. The paying customers didn't overpay for strawberries to want apples

Let's assume you live in a small town ... Thank you, boss of this channel, cause this content is a great help to somebody who would like a good material

best video I ever saw

The future of Binance: an exclusive interview with the CEO

Very Educational. I would recommend this video for educational purposes!

What if Peter is still the only supplier of bananas but he has a large supply less than the demand? Does the banana price decrease? Or only if Sarah and others supply bananas too? That's where I'm struggling. Is "supply" referring to the quantity of the product itself or the people who supply them?

My like Mairo Vergara ;)

cliquei no gostei estou deixando comentário! prontinho Gratidão! Obrigada, vim pelo site do Mairo

@nathanweasley5564

5 жыл бұрын

Eu também 😃

Já assisti tanto esse vídeo que nunca mais vou esquecer ele

@OneMinuteEconomics

4 жыл бұрын

Feliz de ouvir isso :)

By which software do you make the animation?

So glad I came across this channel

@OneMinuteEconomics

8 жыл бұрын

Thanks a lot for the support, it means a lot to me that people appreciate my work. Right now, I just want to grow the community and even have ads disabled altogether, so all I want atm are comments like yours :)

@IamSuperEffective

8 жыл бұрын

One Minute Economics Feel free to enable the ads man, you deserve to receive as much ad revenue as possible from your work!

@OneMinuteEconomics

8 жыл бұрын

The thing is, this channel is still in its infancy, so my #1 goal is spreading the word and getting more subscribers. As time passes and the community grows, I'll think of ways to make money. Probably not ads though, as it would be annoying for viewers for one-minute clips to contain ads. My book is almost finished, so people will be able to support the channel by buying it. It will have about 450 pages and cost less than 5 bucks. The most effective thing those who want to help me out can do is visit OneMinuteEconomics.com, subscribe to my newsletter so that I can inform them once the book launches and buy it on the first week of the launch. A strong launch will enable me to generate some momentum, so buying the book right from the beginning would help a LOT :)

@GeraldBolling129

6 жыл бұрын

fiiiii

@anonymous12726

6 жыл бұрын

Hey man I love your avatar, Bruce Lee just avenged his sister's death, killing O'hara, in front of Han on Han's island. This was at a annual or bi-annual tournament on the island. When I saw your avatar, my soul kissed the sky

Hey, important stuff to know about getting your money back!

I have a MBA but this makes it easier to explain.

@OneMinuteEconomics

4 жыл бұрын

Music to my ears, always happy to hear (well, read) that :)

Quem veio pelo Mário Vergara? KKKK

@DiegoSantos-oe4vg

3 жыл бұрын

Eu.

@thaisaborges7078

3 жыл бұрын

Alguém vindo através do Mairo em 2021?

@larissavitoria330

3 жыл бұрын

@@thaisaborges7078 kkklkkk

@okauaborges

3 жыл бұрын

@@thaisaborges7078 euu hahaha

I appreciate this!

Mairo vergara

@caiopinheiro07

6 жыл бұрын

Está conseguindo aprender ?

@user-xl5sb9he5c

5 жыл бұрын

caio Silva eu consigo entender uns 95% do audio fazendo um esforço

@caiopinheiro07

5 жыл бұрын

@@user-xl5sb9he5c Também

@user-xl5sb9he5c

5 жыл бұрын

caio Silva eu acho que hoje mesmo eu consigo aprender tudo

@user-xl5sb9he5c

5 жыл бұрын

caio Silva cara eu ja sei uns 97% do video sem fazer esforço

Always Victory, Mairo ! Thank.

@OneMinuteEconomics

4 жыл бұрын

:)

Very nice explained...

@OneMinuteEconomics

2 жыл бұрын

Appreciate the kind words, thanks :)

Very well explained in one minute

Learning english more supply and demanda. Thank

@OneMinuteEconomics

4 жыл бұрын

Very happy to hear that, thank you and congratulations! :)

omg, you are great!

Hi there. The supply and demand does not really work in the real world all the time though does it? Eg: Two conditions are necessary for this to be true: (a) that all people have to have the same tastes; (b) that each person’s tastes remain the same as his income changes, so that every additional dollar of income was spent exactly the same way as all previous dollars - for example, 20 cents per dollar on pizza, 10 cents per dollar on bananas, 40 cents per dollar on housing, etc. There is transitivity between not just bananas but all other products and prices which alters the supply/demand outcome. The critique is called the Sonnenschein-Mantel-Debreu [SMD] conditions.

@OneMinuteEconomics

8 жыл бұрын

I definitely agree that one cannot use supply and demand to predict human behavior in a 100% accurate and consistent manner but still, it's fascinating just how many things can be explained through simple supply and demand economics. Thanks a lot for dropping by and for the insightful comment, welcome to the community :)

Supply and Demand Explained in One Minute (Transcrição) 1 - Let’s assume you live in a small town where nobody sells bananas. In other words - zero supply. Now let’s also assume that the people who live there would love to eat bananas. In other words, there is a decent demand for bananas. As we can see, there is currently an imbalance. 2 - People want bananas but there are no sellers. Peter understands this and starts selling bananas. At the beginning, his profits will be huge because lots of people want bananas and he’s the only one who has them. 3 - As time passes, however, Sarah will notice how well Peter is doing and start selling bananas herself. This increases the supply of bananas and diminishes Peter’s profit potential. The more people start selling bananas, the more supply there will be. 4 - If too many people end up selling bananas but the demand doesn’t increase as well, there will be too much supply and some of them will go out of business. Eventually, some kind of a balance tends to be reached.

so if i understand correctly, there will be an unbalance ( too many people that eat bananas ) In aviation is there such a thing as traveling to much that causes an unbalance in demand and supply?

Great visual.

@OneMinuteEconomics

7 жыл бұрын

Thanks a lot Timika!

Like Mário vergara

You should have used a frozen yogurt shop as the example.

@OneMinuteEconomics

7 жыл бұрын

:)

Thank you.

@OneMinuteEconomics

3 жыл бұрын

You're welcome Andre, thanks a lot for the support :)

Thank you Impaq, very cool

@OneMinuteEconomics

4 жыл бұрын

You're more than welcome :)

Let’s assume you live in a small town where nobody sells bananas. In other words - zero supply. Now let’s also assume that the people who live there would love to eat bananas. In other words, there is a decent demand for bananas. As we can see, there is currently an imbalance. 2 - People want bananas but there are no sellers. Peter understands this and starts selling bananas. At the beginning, his profits will be huge because lots of people want bananas and he’s the only one who has them. 3 - As time passes, however, Sarah will notice how well Peter is doing and start selling bananas herself. This increases the supply of bananas and diminishes Peter’s profit potential. The more people start selling bananas, the more supply there will be. 4 - If too many people end up selling bananas but the demand doesn’t increase as well, there will be too much supply and some of them will go out of business. Eventually, some kind of a balance tends to be reached.

This video is missing one crucial key in supply and demand that unites both the seller and the buyer: prices. People may want bananas, but how much do they want to buy? They will want to decide what it's worth and the cost to buy this many bananas, which also depends on how much sellers of bananas want to sell. Whatever quantities of bananas there are isn't what's important. It's about relationships based around that key crucial point. Which means not everyone wants bananas, and the guy with the shelf of bread won't necessarily go empty-handed if he places in a price both sides are happy with. The price also influences the production of those goods as well.

Thank you for teaching us it really helped us 😊

@OneMinuteEconomics

Жыл бұрын

Comments like yours make it all worth it, thank you :)

Não tenho como salvar somente em áudio para criar a playlist, certo?

Demand only matters if people have the ability to get the product. Supply and demand is nothing without people's ability to spend money.

@OneMinuteEconomics

Жыл бұрын

Are you saying I don't count on the life-sized solid gold statue demand front? :(

and that balance is equilibrium

I’ve gotten better at understanding supply and demand but can someone explain this or is it a glitch in supply and demand? How come fast food is less expensive than healthy food since there is more demand for fast food than healthy food? Shouldn’t healthy food be cheaper since less people want it (aka the demand is lower)?

@OneMinuteEconomics

7 ай бұрын

Fast food customers want, as the name suggests... food, fast. Heh. In most cases, this means business owners can get away with cheap sub-par ingredients... add enough fats/sugar and folks won't notice. To serve health-conscious buyers though, you need quality ingredients and those are more expensive. So even if let's say demand for health food would go up (I for one hope so!) and businesses could cut prices by making up for it through volume, higher input costs will still be a "thing" that tends to make the price of healthy food higher. Cheaper? Yes. As cheap as fast food? Probably not.

This is for a price for stuff.

It's has to be demand and supply right???

What does this mean?.... Demand and suply are directly proportional or inversely proportional??

@OneMinuteEconomics

2 жыл бұрын

Doesn't have to be one or the other, economics is notoriously complex in some cases :) For example, both supply and demand can go up at the same time. The same way, they can go down in tandem. On the other hand, perhaps supply takes a hit but demand stays the same. Or demand takes a hit and things remain the same on the supply side. Or one goes up and the other down... you get the point. It's unfortunately not as simple as something like "if demand goes up, supply has to go up" and variations thereof :(

@snehagone1145

2 жыл бұрын

@@OneMinuteEconomics i got it... Thank you ☺️

tq

If too many people end up selling bananas but the demand doesn’t increase as well, there will be too much supply and some of them will go out of business. Eventually, some kind of a balance tends to be reached.

Let’s assume you live in a small town where nobody sells bananas. In other words - zero supply. Now let’s also assume that the people who live there would love to eat bananas. In other words, there is a decent demand for bananas. As we can see, there is currently an imbalance.

Hi from brazil 🇧🇷🇧🇷 Eu estou estudando inglês

@OneMinuteEconomics

3 жыл бұрын

Welcome to the community Matheus :)

🤝

awsum

@OneMinuteEconomics

Жыл бұрын

Thank you :)

ok

goody

GO PETER WHOOOOOO

@OneMinuteEconomics

4 жыл бұрын

:D

Heyy guysss :D

@OneMinuteEconomics

3 жыл бұрын

Hey! And welcome to the community :)

Handsome man

Show movie!

Lol I go nuts for bananas (not really)

0:18 thnx Pete

hi ya

I'm here cause I'm getting my.g.e.d and watching this is homework like if ur gettin ur education

@OneMinuteEconomics

Жыл бұрын

Glad to have you here :)

some kind of balance.... let's see.... a monopoly the eventual outcome almost always

@T4nku0ut

8 жыл бұрын

monopolies are only possible through government regulations (force). One sole supplier in a world of 7 Billion people... :P

Pareto Principle in one minute.

Muiiito bom

Isn't that scarcity

@OneMinuteEconomics

4 ай бұрын

Something would be considered scarce if the supply is insufficient compared to demand

wow

@OneMinuteEconomics

4 жыл бұрын

:(

💖

it said 1 minute is was 53 seconds

Quem é do site do Mairo da like.we gonna learn english

@OneMinuteEconomics

4 жыл бұрын

Welcome aboard :)

Só salve

i dont like bannas

@OneMinuteEconomics

7 жыл бұрын

:))

@XlPackratlX

5 ай бұрын

One detail this video forgot lol

anyone from vava?

bananaaaaa

@OneMinuteEconomics

8 жыл бұрын

+eraclis7 :))

Bananas!

im her doter

MAiro vergaraaa

@OneMinuteEconomics

4 жыл бұрын

:)

i dont undarstand

@OneMinuteEconomics

4 жыл бұрын

Hi Tara, please let me know what I can be of help with and I'd happily explain whatever it is you don't understand in greater detail :)

This one makes a contradiction for first foundational assumption of economics which says "demand is infinite." But if it were infinite, nothing could satisfy it and everyprice for everything would be infinite too

Mairo vergara .

@OneMinuteEconomics

4 жыл бұрын

:)

Plople wlont bananas

@OneMinuteEconomics

4 жыл бұрын

:)

Hey great *53 second video, not 1 minute :)

pp

i don't like the concept of law of supply and demand.

One Minute Economics needs your help! Please give me a minute (heh) of your time by watching the following video if you find the channel useful, literally anyone can help (either financially or by spreading the word about my work): kzread.info/dash/bejne/m6NklsWkoZS-YbA.html

I have to send this to people who are saying that going vegan does not change anything about animal suffering 🫠

Mairo vergara

@OneMinuteEconomics

4 жыл бұрын

Welcome aboard :)

@leandrocampos2797

4 жыл бұрын

@@OneMinuteEconomics thanks