Y1 7) Price Mechanism - The 4 Functions (Signalling, Incentivising, Rationing & Allocating)

Y1 7) 4 Functions of the Price Mechanism (Signalling, Incentivising, Rationing & Allocating). Video covering the 4 crucial functions of the price mechanism. So important to understand how markets work in allocating scarce resources through signals, incentives, rationing functions
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Пікірлер: 30

  • @Pod.Snipsz
    @Pod.Snipsz7 ай бұрын

    cant lie dal bro the plaid shirt is looking cold g real economics drip

  • @dubs1283
    @dubs12838 ай бұрын

    Looking back at these vids when u finish alevels is brazy man when ur doing a levels you think it’s life or death

  • @mohammedh69

    @mohammedh69

    8 ай бұрын

    Bro im in yr 12 go on..

  • @dubs1283

    @dubs1283

    8 ай бұрын

    @@mohammedh69it’s peak when you do theme 3&4 your gonna fail lil bro be like me and get a B minimum

  • @mohammedh69

    @mohammedh69

    8 ай бұрын

    @@dubs1283 dubzy bro i had. Econ just now sipping on a coffee next to school. Double period We legit covered the same thing last week My teacher can't teach I am fucked I had to snake the nigga yesterday to the sixth form director Im fuckeddd

  • @JJ-ZUMA

    @JJ-ZUMA

    7 ай бұрын

    @@dubs1283 WANNA CHANGE POSITIONS

  • @aaliyahzara4820

    @aaliyahzara4820

    5 ай бұрын

    @@dubs1283i cant get any higher than a B even when i bang out rev😭

  • @KevinKL5594
    @KevinKL55944 ай бұрын

    Your Smile really contributes to my happy day

  • @last-doniliche
    @last-doniliche8 ай бұрын

    Sir I'm grateful for your services, I've now improved economically all because of you. ❤

  • @limmazay
    @limmazay8 ай бұрын

    I wish you were my econ tr, you properly explain everything and make it so easy to understand. Thank you so much for these videos, they help so much!

  • @user-df4bl8tr6n
    @user-df4bl8tr6n7 ай бұрын

    Eternally grateful for helping me pass my exams 4 days before the paper, thankyou so much🙏🏻🙏🏻

  • @zacharyberney832
    @zacharyberney8328 ай бұрын

    Seeing this on the morning of my micro test was simply bluss

  • @user-rz3su8yj1l
    @user-rz3su8yj1l7 ай бұрын

    Thanks Mr Dal these videos are very helpful :)

  • @whitehoodie5778
    @whitehoodie57786 ай бұрын

    Lots of passion, lovin' it

  • @def4175
    @def41758 ай бұрын

    Nicely Explained

  • @armaan9372
    @armaan93728 ай бұрын

    legendary.

  • @FlixRacing
    @FlixRacing7 ай бұрын

    Thank you Sir Dal❤

  • @user-zc8rs9ce7c
    @user-zc8rs9ce7c8 ай бұрын

    What a Top G

  • @jakecampbell9940
    @jakecampbell99406 ай бұрын

    you the goat

  • @hao8972
    @hao89728 ай бұрын

    Can you please cover on Economics though topic as well.

  • @zareenwilhelm5811
    @zareenwilhelm58118 ай бұрын

    5:15 Is it imperative to drop output AND liquidate stocks?

  • @alenarose1969
    @alenarose19693 ай бұрын

    if you;'re shifting left to do with demand, does that mean there's too little demand and prices fall? and too little supply if you're shifting supply left and prices rise?

  • @Booooscared
    @Booooscared8 ай бұрын

    Hi could we get a video on export subsidy??

  • @Tolberone123
    @Tolberone1236 ай бұрын

    So do prices rise when there is excess demand because firms want to maximise profits?

  • @Sophie-cg5ie

    @Sophie-cg5ie

    4 ай бұрын

    Yes, because of this high demand, firms are able to sell it at higher prices (which in turn increases profits)

  • @hamadanandahmedtherobloxtw9370
    @hamadanandahmedtherobloxtw93708 ай бұрын

    Sir take tuitions plz

  • @kaieclacher-chopra2257
    @kaieclacher-chopra22572 ай бұрын

    Father Dal

  • @asthadoga5478
    @asthadoga54785 ай бұрын

    bossmans getting old