OMW!!!!!!!!!!! This was what I needed!! Thank you, sir.

Thank you for the clarity and visual concepts, which makes it a whole lot easier to understand compared to merely reading texts!

One of the most clearly explained educational videos anywhere. Thank you, Mr. Welker.

life saver..best economics teacher ever

@benince5756

3 жыл бұрын

econplusdal best

Best explanation ever I started researching on this topic

This makes perfect sense. The explanation is concise, and the images are extremely helpful.

You are a very good teacher.

Thankyou so much sir for clearing all the doubts

Excellent explaintion. May the God bless you for your talent. Love from India.

Very creative way to explain a difficult topic. Thanks a lot.

Easy to understand .Thank you for uploading this video👍

wow, this was a really good video. So clear and no jargon used. I finally understood what marginal means.

It was an awesome explanation it helped me alot to understand " The law of diminishing marginal returns" it was an easy example ............ to be understood thanks...............

Very good, clear video. Great help for my economics homework, thanks!

It's really nicely explained....thank u❤❤❤❤❤

fab explanation! This is the best way to explain and remember this concept

Well explained 👍

Great video, Jason!

Thank you so much!!

They want to play your intro song at out graduation ceremony xD it's becoming such a cult to watch your videos in econ class

@JasonWelker

8 жыл бұрын

+Fernanda Roig Hilarious! Thanks for sharing. Where do you go to school?

@fernandaroig2964

8 жыл бұрын

+Jason Welker I go to Haut-Lac in Vevey, Switzerland :D

@JasonWelker

8 жыл бұрын

Excellent! Also in Switzerland! Good luck on your exams tomorrow!

@fernandaroig2964

8 жыл бұрын

+Jason Welker Thanks! This videos help a lot for final revision

thanks a bunched! helped so much, real world pictures really help!

great explanation! very helpful...

Thank you for the clarification sir!

Thanks a lot. Im clear about it now

Thanks. helped ALOT..

thank you for uploading.

Its Very clear concept

thank you

hi, it help me a lot.

Thanks alot sir, for such a great explanation .. I hope you will upload more important topics videos of micro economics same like this ..

thank you so much!

Thanks!!!!

Is it correct that the law of diminishing marginal product only applies to the short run? because of fixed capital? ..in the long run there is economies of scale where more capital can be added to accommodate additional workers, so is this correct or incorrect?

thanx

Thank you so much sir, but i had 1 question which might be silly but just for clarification. So when the 6th worker was employed ryt, the total production decreased by 1 truck. But how? I get that cost of production gets higher as he has to pay for the 6th worker and only gets lesser profit in return, but how does it affect the total production? Like 5 workers were making 9 trucks, and then the 6th worker comes in. But those 5 workers are still able to make 9 trucks and the 6th worker can just sit around have a chill and get his wage. Isn't this right? Or are we assuming that the 6th worker interrupts the other 5 workers and not let them make 9 trucks? thank you.

@JasonWelker

6 жыл бұрын

The 6th worker REDUCES the productivity of the previous 5 workers. He is literally just getting in the way and making the overall production less efficient than if there were fewer workers.

@quarantinelifegaming

6 жыл бұрын

Ohh, I thought he might just sit there, relax, get his wage and go home. But I think that might happen in real world but we ASSUME in economics that he also WORKS and thus interrupts. thanks a lot. You are really my grade saver keeping me on a high 7. Thank you.

why raw material is not include as input

what's the name of the song in the start of the video

Khanna sent me

Any links for paper 3 past papers?

SANAOL ABM

i swear im gonna donate some cash the day i graduate

Guy's, we nee more iron ore and diamonds hahaahhah looool