I felt my heart rate increase when I understood why perfectly competitive firms earn supernormal profits in the short run but not in the long run

@lillyidk1358

2 ай бұрын

same😭

@qwertymehta8342

2 ай бұрын

Do you have the AQA exam next week? 😭

@lillyidk1358

2 ай бұрын

@@qwertymehta8342 yes😔😔😔😔

@soundeffecthub5179

2 ай бұрын

@@qwertymehta8342yup

@Homosamuel

2 ай бұрын

​@@qwertymehta8342 now it's tomorrow ;-;

This feels like watching Bob Ross paint "We get this *lovely* box"

@Ved_Desai

Жыл бұрын

👏🏼

you are. literally. the. best. Econ. teacher. in. the. whole. damn. world. ILY dude

@devd.chatterjee5725

3 жыл бұрын

that's how desperate us Eco students are

@codydylan6042

2 жыл бұрын

i guess im asking randomly but does someone know of a tool to get back into an instagram account? I was dumb forgot the password. I would appreciate any tricks you can give me.

@brentleycorey3765

2 жыл бұрын

@Cody Dylan Instablaster :)

@codydylan6042

2 жыл бұрын

@Brentley Corey I really appreciate your reply. I got to the site thru google and Im waiting for the hacking stuff now. Takes quite some time so I will reply here later with my results.

@codydylan6042

2 жыл бұрын

@Brentley Corey it did the trick and I actually got access to my account again. I am so happy! Thanks so much you saved my ass!

A PhD's three hours' lesson(my teacher) is not as good as a ten mins' video on the KZread ! You are really the best Economics teacher I have met so far ! Thumb up!

Your videos ARE SO GOOD. You are saving my A-Levels mate.

That one dislike.. f whoever did that

The Best Economics sir. I hated economics and thanks to you sir, it has become easy to learn these concepts and the theory behind them. Hats off sir.

I think that Sir explain this concept so much easier than my university Professor. They make it so much easier to understand to a beginner in Econ.

Thankyou so much. These videos are incredibly helpful. Love that you tell the trick to draw the diagrams efficienctly too. You are doing god's work. LITERALLY.

This Teacher is the best, i love watching his videos .

you are honestly the best econ teacher ive ever come across

So clear and easy to understand. Gave me a 100% clarity of thought!. Thanks....

Best videos on the internet regarding the topics. Best of luck !

one of your best yet !

thank you so much! you have no idea how much this helped!!!

Best economics video I've seen to date! Appreciate it!

Thank you dal, You are wonderful💖

You explained it in a very simple way thank you so much!!

this man, you are the best person to exist in our lives forever

Best economics teacher in the world!!!!

i have my economics exam in 2 days and this helped so much!!

This was such an amazing lecture. Thank you

The best economics teacher on youtube

YOU ARE THE BEST ECONOMICS TEACHER EVER!!! LOVE YOU MAN 💞💞

Helped me get A* in A level and watching it again in master's. Best teacher for economics

@thesnackbandit

9 ай бұрын

What did you do for your bachelor's?

@zaidali5660

9 ай бұрын

@@thesnackbanditstudied Bachelor's of Accounting. Did not need to watch it for economics course in Bachelor's since everything was fresh in my mind.

@thesnackbandit

9 ай бұрын

@@zaidali5660 👍

@Zainali-jk3ij

6 ай бұрын

What would you recommed to do to get an a star in a level econ (apart from econplusdal). I'm sitting my exams this may :).

@JosephPremium-fz9ep

2 ай бұрын

@@Zainali-jk3ijaired. Enjoy dat tomorrow

THANK YOU SO MUCH!!! You are really the best!

You are so clear on the topic Thank you sir👍🏻

The 16 people that disliked only watched this video, did no practice, and then got mad about their 4

What a stunning graph

That was wonderful!

It all makes sense now😩 thanks babes

Thanks a lot Dal, you saved my life lol

you're such a legend

I understand the process.thanks a lot.

You are wonderful man.....thanks alot ...may God bless uh...

you're the best teacher

You're amazing!

greates of all time lets go!!!

You are the best I salute you 🙏

Nice one Dal! Thanks!

1. PRICE TAKERS horizontal line 2. AC Curve below AR as it is supernormal 3. Profit max = mc=mr

EconplusDal, I love you.

He’s a master!

I LOVE U MAN

your content is amazing

u are amazing tysm i love u

god im such a nerd. Love this!

THANK YOU SO MUCH

thank you so much !!!

THANK YOU

Thank you sooo sooo muchhh

life saver

THANKS VERY MUCH

thank you!!

May you live long

I need you to come write my economics paper for me !!! You are too good !!! Enjoyed the lecture as usual ❤. Thanks

@charliewilcox3570

Жыл бұрын

you and me both brother

You are a guru

Decent Video!!

Well explained ❤😊

you are so helpful

my goat

Many thanks.

I have a 20 mark test tmw and I dont know this at all. Lets hope Econplusdahl can save me

Thank you

Hi econplusdal, it would be highly appreciated if you can do exactly the same video on monopolistic competition, oligopoly and monopoly :)

@akrypto9

5 жыл бұрын

He has already

The work rate is 🔥 7 hour Workshop at my school and then a video the next day 👏

thank u genius

Thanks

well explained

Yes, you are literally writing my essay for me :D

Thank you very much, I truly appreciate your support :)

Deiyek bro

Danke

i want a piece of that pi !!!

Wow

I love you

this is the unhappiest ive ever been at school before.

❤️

dababy sussy amogus

Hi Mr Pegg!

eval for perfect competition : PC is a theoretical concept made up by economists and is seen nowhere it the real world , question wether this model is even applicable / should be spoken about due to no credit IRL , and is the total opposite of a monopoly . Hope this helped !

man like Dal una

Good thank you. Here I have explained Economics concepts in Malayalam. All are welcome

Sir ..there is question that how the perfect competition is measured profit and losses without using average cost curve?

Reason behind the shape of cost curve in both markets( perfect and imperfect markets ya smja dain

do we need to know about subnormal profits (AQA) I've not been taught it

Please give tips for alwvel p4

For perfect competition: average revenue, AR=(PxQ)/Q=P=MR and profit=TR-TC= (AR-AC) x Q

econPLUGdal

Is this good for the IB course in 2024 for Economics?

Hello, thank you for all the wonderful videos, in this video at 5:42 you refer to a diagram you had shown before, could you please point out which diagram / video is that, TIA.

@fanlybutter2971

2 жыл бұрын

Probably monopolistic competition

why would it be such a bad idea to reduce price in a perfectly competitive market

@netayconnection6236

4 жыл бұрын

They will make a loss because Average Cost is more than Average Revenue. This causes a economic loss in the short run.

@lerx5799

4 жыл бұрын

You make a loss and can't continue to supply at this price without shutting down.

@jeremydavids9853

3 жыл бұрын

In the long run, firms in a perfectly competitive market make normal profit which is the minimum level of profit in order to survive in the long term. Decreasing price will simply mean the firm doesn't make normal profit and has to shut down.

Is this the same wit business studies ?

Q1,Q2,Q3,Q4 they all haven't different quality. Please explain, Q4 profit max position. But Q1,Q3 ?...

I my exams tomorrow and I have a feeling I am going to write MC is equal to Emma 😂

i want a peice of your pie Mr dal 4:53

Would you recommend doing the 25 marker first in the AS exam?

@sabinaxox8269

5 жыл бұрын

Well it would be something I would do

@atcampbell123

5 жыл бұрын

Humza20O1 no because you’ll end up spending too much time on the 25 marker trying to make it perfect then missing time for quick multiple choice questions. If you’re running out of time on the 25, then just make sure you put in some eval even if you haven’t finished the analysis because it is level marked and you’ll get maximum of 6 marks with no eval.

9:10

@sonalj4081

5 жыл бұрын

Yee to the Haw 😂😂

Does anyone know why price is equal to demand which is equal to marginal revenue and average revenue? I know that it has to do with the fact that it is perfectly elastic, but I'm not sure

@TheAwkwardTalker

5 жыл бұрын

1. Price = Average Revenue 2. Because firms take the market equilibrium price and can't deviate from it, the AR = MR (seeing as the revenue from each extra unit sold will be the same as price) 3. Price = MR 4. Demand simply shows that at each price, how much quantity will be demanded. 5. AR=MR=D

Daddy Dal