so passionate

3 hrs before my exam and im just now learning this lol fear i may not pass

@williamhulme2047

2 ай бұрын

same here

@Darksoul-ts4ho

2 ай бұрын

Same lmaoo

@seadrown6252

2 ай бұрын

Lower the grade boundaries like a real friend

@Officialnusayba

2 ай бұрын

@@seadrown6252 ill come back and let u know if i contributed to lowering the grade boundaries👍

@Thorfinn_editZ1

Ай бұрын

@@seadrown6252 LMAO

This is a very helpful video. I and all the students who are watching you, appreciate your hard work and efforts in making such helpful content for students. I used to watch your videos when since i was doing my AS level and i am still watching for my A2. AND I CAN CONFIDENTLY SAT THAT THIS KZread CHANNEL IS ARGUABLY ONE OF A KIND AND IS IF NOT THE BEST. All the best.

@xubarney1326

Жыл бұрын

You don't need to say this. We all felt it. DOn't make it cheap.

this makes my textbooks explaination seem literally useless, thanks dal

smashing revision for micro paper 1 2019, whos with me??

@cameronmunro1724

5 жыл бұрын

Don't know about smashing revision but i'm out here trying

@simonpotter2638

5 жыл бұрын

good luck boys

@Long6793

5 жыл бұрын

yayyy

@waleedseddki9232

2 жыл бұрын

How did it go?

You're a great guy. The explanation is easy to understand. It helps me a lot. Thank you so muchhhhhhhhhhhh

you are the coolest 💙💙 thank you so much!!

Love your videos and explanations! Thank you for sharing them.

This video was very helpful to me, thanks!

thanks Sir! It's really a clear explaination. Great! help me a lot! hope Sir can makes more video!

Thank you so much .

Excellent explanation!

love the vids bro

You’re saving me from my brick-for a head teacher.

the real G, man like DALLLLLLL

finally understand this, thankyou god

great tutorial ....very helpful

I love u Mr Dal

Thank you very much sir

Superb video👍

Very realistic and helpful. God bless you sir

@EconplusDal

5 жыл бұрын

Thanks very much Diksha, truly happy the videos are helping 👍

Cheers Dal

I love Dal more than I love myself

Brilliant video. I'm sick of being fed platitudes about the inefficiency of unions/minimum wage when the reality is much more nuanced

Very useful video 😍

thank yooooooooou so much

I have huge huge respect for u sir..from pakistan..ur a great great teacher

Very helpful

So nice thk u

you are my daddy , thank you dal!

Tq sir love ❤

Ur a god mate

Excellent! thank you. Could you quantify Monopsony power as the amount they suppress wages in an exam essay? e.g. in this market Wc-WM = the monopsony power

@EconplusDal

6 жыл бұрын

100% yes, awesome evaluation

You are great man! where do u teach?

2024 econ paper one at 9 tomorrow, dal carrying me through

@fastfoodie47

Ай бұрын

this was the perfect video to watch for sure

oh my god you are so good

@gktube3328

5 жыл бұрын

my God or my god?

Could you use this graph and these points to talk about a bilateral monopoly ????

Do we need to use different colours to show the new curves? Like how the ACL line changes

If the monopsonist is the state for instance, employing teachers or nurses, what would be the incentive for employing at MRP=MCL if there is no profit incentive?

If I get an A I'll Buy you a pint

@Incognito_ST

5 ай бұрын

Did you get that A boss

@SoulCaliburDeathCrie

5 ай бұрын

@@Incognito_ST not far off, i got a strong B. i’ll still buy him a pint either way

can u explain economic rent and transfer earnings? plzz..

Let’s get it lads💪🏽💪🏽💪🏽💪🏽💪🏽

@bencarlisle7241

5 жыл бұрын

Gl in exam

Hi sir , your videos are very helpful thank you , can you please do a video for globalisation please. Thank you

@EconplusDal

8 жыл бұрын

All done - here you go kzread.info/dash/bejne/hoChuqt_ebzAZpc.html

Great video, just wanted to know why a monopsony would hire more workers at a higher wage rate? Obviously it's because Mrp=mc but why is that? Why would employment increase when costs for the firm are higher?

@sachin2214

7 жыл бұрын

because thats the profit maximising point of employment, a profit maximising firm will always operate there

@josephmoore4764

7 жыл бұрын

Because to recoup the costs of more expensive labor the business needs to produce more. At the end Revenue - Expenses will still be smaller than without the wage floor.

@kanishkdutta4783

2 жыл бұрын

@@Padderrss Because they need to recoup the costs of more expensive labour, this can be done by increasing output, which requires more workers

2 hours till the exam!

@hiimsaulcaveman

2 ай бұрын

Im so nervous

So complicated just to explain asking for a pay rise :)

THANK YOU SO MUCH This exact thing came up in my 2024 paper 1 and i had your whole video memorised. I dont have the grade yet but youve given me confidence to keep working through paper 2 and 3! (I love you econplusdaddy)

what is the equilibrium point and why is it?

WHOA MONOPSONIST!!!!!!!!!!

is increasing employment at the same time counterproductive? because we’d hope that employers would train workers to increase productivity if they have to pay them more but here they’re just employing more workers

If trade unions are closed shop, why wouldn't they increase wages to the competitive wage rate?

@Normaldude10174

4 жыл бұрын

shut up ur making my head hurt

@samuela775

Жыл бұрын

dis was my Q aswell

I’m cooked

can you please explain why did the employment increase dal?

@adamdreyief5281

2 ай бұрын

Trade union was below equallibrium already .

Adam Smith Asian Edition

Is the output level of Qc and wage level of W1 where perfect competitive labour markets operate?

@megans9051

5 жыл бұрын

Yeah, where demand and supply are equal

@adityamisra8869

5 жыл бұрын

Megan S Ok thanks!

You said that a monopsony employer wants to employ where MC=MRP in order to maximise profits, I understand the concept but does it actually work like that in reality? For example, the government is a monopsony employer within healthcare and education but how can the gov+ profit max if there's not really any profit to be made? In this case is it more to do with keeping costs to a minimum?

@Fortunaatp

7 жыл бұрын

Monopsony suppliers do not really exist in real life

@demiraetay

7 жыл бұрын

I was talking about a monospony employer/buyer of labour, not a supplier. I don't think you quite understood my question but thanks anyway for trying to help

This is just a bilateral monopoly right? And if so, why is the TU Wage not greater than the Competitive Wage? Surely the TU one would be operating at MC=MRP???

@jason-os3jg

5 жыл бұрын

I think it as the TU does not know what competitive outcomes are, and just see the increase in wage as being satisfying enough.

can i ask why the trade union dont push the wage to Wc?

@cyborganic99

6 жыл бұрын

ikra m Because Wc is an unknown value to the firm and the union. Its just an educated guess. There are no mechanisms like competition in a monopsony market.

Now you have to explain Germany...

Anyone here taking econ at Davis with Larson?

@cutaemin

6 жыл бұрын

me, reviewing for the final right now lmao

@ericschneider3766

6 жыл бұрын

hell yeah how do you think you did? These guys videos helped a lot!

oh

@enayatkhorsand649

Жыл бұрын

true

Just imagine the scenario: you’re the only employer in town and hire people for a lower wage than if you had competitors (so far so good). Then the local government imposes a higher wage floor and you grudgingly...hire even more people?!?!!?!???

whooooa monopsonist

Trade unions have to go blud

you deserve a knighthood