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  @evek.25232 күн бұрын

  This was so easy to grasp! Thank you so much!

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  @dead_again98399 күн бұрын

  Ohhhhhhh my god. Finally everything clicked at 4:05 . I've been staring holes into my prof's nonsensical shortest possible answer minimum effort notes and here I find the literal key information. Wild. I don't know why they eeven pay econ profs at universities anymore. Thank you!

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  @prometheus00710 күн бұрын

  Why did You not invert the function?

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  @econhelp_official9 күн бұрын

  Thanks for the question! So the strategy of setting each variable to 0 and solving for the other in order to find the intercepts will work whatever form the function is in. For instance, note that the inverse demand function: P=25-Q/2 describes exactly the same relationship as the demand function: Q=50-2P It just looks different. You can check by setting each variable in each function equal to 0, both functions solve for a quantity axis intercept of 50 and and price axis intercept of 25. We can actually represent this relationship in a number of ways: Q-50+2P=0, P-25=-Q/2, ... etc. These are all legitimate algebraic descriptions of exactly the same relationship and the same curve. The first form (where P is on the LHS) is called the "slope -intercept" form of the equation of the line because the constant o the RHS is equal to the P-axis intercept and the coefficient on the quantity variable equal to the slope. So it's special in that way, but really you can use any form of the equation you want. Does that help?

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  @prometheus00710 күн бұрын

  I have watched atleast 10 videos before. But finally your video was the one which helped by finally understand it. Thank you so much.

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  @Naveed_Ali_Apollo11 күн бұрын

  I'm an ACCA student, and in F5: performance management we have to study this topic, I can't begin to explain what they've done to it in their syllabus, they outright refuse to use the brain... at all, and I'm not saying this out of anger or disappointment, it's just the way things are. E.g they refused to teach us Marginal Revenue bcz, and I quote "Studying MR requires mathematical derivatives, many of the students haven't studied it so it's not part of your ACCA syllabus, we'll just give you a formula MR=a-2bq, and elasticity is constant, wtf are derivatives? and oh, this "model" cannot be used in the practical world bcz it uses the high-low method, it assumes a linear relation btw demand and price" Then how about you don't use the high-low method? HL method is the biggest nonsense ever, stop shoving it down our throats. ever heard of regression? there are so many types of it, one of them might be appropriate? or how about you use some statistics and probability if appropriate? how about you don't assume a linear relationship btw Q and P? How about you stop doing the stupid things you're doing? Maybe the model would work if you would at least try to use your brain. WTF man???? I studied calc 1 in high school when I was 17, I studied multivariate calc and (some) differential equations on my own, calculus is the easiest thing out there and they refuse to do anything that requires them to use their brain, they do this all the time, they do this to everything, consider the problem of limiting factors, now imagine the most stupid way of approaching this problem, well ACCA have you covered, they teach Marginal and Throughput accounting, that only deals with one limiting factor, if there are two products and many limiting factors, there's linear programming, well, what if there are many products and many limiting factors? you may ask: "Well then go duck yourself, we can't teach you anything that's of value and requires you to use your brain". And I can't even begin to tell you what they taught us in the learning curve, this is the most stupid subject ever. Studying it just boils my blood. If someone is reading this, just don't go into accounting, and don't do certifications, they're not a good education. Go to a proper university and study a stem degree. A BSCS from an unknown university >>>>>>>>>>>>>> ACCA+ CFA+CA+MBA+ work experience from biggest A&F companies on earth.

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  @user-on3mw3xq4o12 күн бұрын

  Thank you

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  @vanshlakhina216213 күн бұрын

  Thanks for the video - I have a question, why are indirect income taxes "separately" part of the GDI? Are they are not implicitly included as a part of the incomes (private, HH, corporates, etc)?

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  @econhelp_official13 күн бұрын

  Hello! I'm not sure! I would have assumed we just counted the gross. Can you give me a source for the discussion/textbook?

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  @nivedhitha70417 күн бұрын

  that's a great video....i understood perfectly

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  @econhelp_official13 күн бұрын

  Glad you liked it! Thanks for the comment!

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  @romeokodi986825 күн бұрын

  I am confused with the dominant for don

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  @econhelp_official25 күн бұрын

  Don does not have a dominant strategy. His best response changes when Mike changes his action. Does that help?

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  @LucyLucywhereareyou28 күн бұрын

  Thank you for the video! so why is mr steeper than ar?

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  @econhelp_official27 күн бұрын

  I'm not sure how to think about this is terms of slope. Here's an initial thought: what we want to explain is that the MR is not only less than AR, but increasingly so. This will give us the steeper slope. From this perspective, the answer may well be "because the price decreases": - as we increase quantity, the additional revenue we get from that additional quantity, gets smaller and smaller because the price we get for that additional unit gets smaller and smaller. Thus we get MR steeper (below our demand and increasinly the gap gets wider). Does that help? Another way to think about it is with elasticities and connecting it with the TR curve, but I'm not sure if that helps.

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  @LucyLucywhereareyou26 күн бұрын

  @@econhelp_official okok, thank you. From all the other videos I have watched, they have only proved it mathematically, so I was wandering if there is an actual explanation to it haha.

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  @econhelp_official26 күн бұрын

  Yeah it's a good question, I hadn't thought about it in terms of the slope. I think it's really good to see this through the elasticities as well, that gets to the issue in another way. In the top half of the curve we go from perfectly elastic to unit elastic. This means that increasingly, as we decrease the price, the demand gets less responsive to changes in price (quantity does not change so dramatically given a decrease in the price). I'm pretty sure I go through that here: kzread.info/dash/bejne/p5WrzNGom93ZZLw.html... So then we link it all to the hump shaped TR curve. Another way to think about it is that MR can't ever be flatter than AR (otherwise at some point MR will become greater than AR, which we know from this video can't be true). So then the question is, why isn't it just the same slope? Well... the price is decreasing. each time we increase q, that part of MR that increases (because we sell one more unit) is getting smaller and smaller (since price decreases) so MR gets smaller more quickly (i.e. it is steep). ... I hope that makes sense, it's actually hard to articulate! :)

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  @LucyLucywhereareyou22 күн бұрын

  @@econhelp_official omg that was really helpful. thank you!

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  @WANAMIERANUHABINTIWANMOHDSUHAI28 күн бұрын

  it really helps me tysm wish me luck for my final exam

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  @markmohammed140529 күн бұрын

  u are the best!!!!

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  @econhelp_official27 күн бұрын

  You are! xx

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  @nousername4125Ай бұрын

  helps a lot !

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  @pluralidadАй бұрын

  so sweet explanation hahaha

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  @econhelp_official27 күн бұрын

  Thank you! 😃

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  @aish28Ай бұрын

  I've been trying to understand this for the past two years and this just told me everything I needed to know. Thank you!

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  @econhelp_official27 күн бұрын

  You're so welcome! Good luck!!

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  @pinkqueenprincessbowbaby8765Ай бұрын

  YES! I have been so confused and genuinely nothing has been able to help. This video did it queen, keep slaying miss econhelp

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  @GDPWorkingАй бұрын

  That helps!! Thank you.

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  @GDPWorkingАй бұрын

  Connecting S to the Qs is a helpful explanation. Thank you.

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  @GDPWorkingАй бұрын

  Amazing!

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  @econhelp_officialАй бұрын

  You are! ❤️

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  @GDPWorkingАй бұрын

  @@econhelp_official Thank you ❤

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  @khejukejriwal187Ай бұрын

  Thanks for this

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  @econhelp_officialАй бұрын

  Any time! Thanks for the comment!

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  @StudyJoe-sy2txАй бұрын

  Subbed

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  @StudyJoe-sy2txАй бұрын

  Superb!!!

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  @econhelp_officialАй бұрын

  Thank you! Cheers! I appreciate it!

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  @CeciliaAramini2 ай бұрын

  thank you!!!!!!!!!!!!!!

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  @econhelp_officialАй бұрын

  You're welcome! ❤️❤️

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  @amg39822 ай бұрын

  Amazing mam you clear the concept with in 9 minute. Love you ❤and love from India 🇮🇳

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  @econhelp_officialАй бұрын

  Love back from Australia!! ❤️❤️❤️

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  @stefaniacalvia51232 ай бұрын

  Thank you so very much

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  @econhelp_officialАй бұрын

  Thanks for the comment you are very welcome!

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  @destynimowery43392 ай бұрын

  I have been so confused on this concept and this cleared it up, thank you so much

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  @econhelp_officialАй бұрын

  Glad it was helpful! ❤️❤️

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  @AnkitKumar-hy3qu2 ай бұрын

  Excellent 👌👌

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  @econhelp_officialАй бұрын

  Thank you! Cheers!❤️😊

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  @ishmamtasdik2 ай бұрын

  2:20

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  @DhiyaArun2 ай бұрын

  this video helped me sooo much, thank you!

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  @econhelp_officialАй бұрын

  Glad it helped! ❤️😊

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  @potofcandies2 ай бұрын

  Great video but is there a difference between productive efficiency in the long run vs productive efficiency in the short run? Is a firm that produces at the min of srac productively efficient in short run while a firm that produces on any point on lrac is productively efficient in the long run?

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  @econhelp_official2 ай бұрын

  Really good question, I find this stuff really difficult. Some texts identify productive efficiency with technical efficiency, some use a broader definition (I think… it’s so confusing), so even on definitions alone I find this area problematic. Best to ask your teacher/ check textbook. In my experience more advanced texts take LR equilibrium to be at min LRAC, and this is what it is to be productively efficient. More beginner texts don’t seem to differentiate between LRAC and SRAC, they just say P= min AC in the LR, and they sometimes say this is productive efficiency… hope this helps, sorry I don’t know the proper answer!

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  @user-uh1qt5rp5p2 ай бұрын

  Well, I am preparing for my final exam and your video just helps me understand a concept that has bothered me for a long time. Thanks a lot.

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  @econhelp_officialАй бұрын

  Awwww cool I hope you did well!! ❤️❤️

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  @unaisiodu59843 ай бұрын

  Thank you for this I have my A-level macro exam tomorrow and this explained the concept so well

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  @econhelp_officialАй бұрын

  Glad it was helpful! Good luck with your exams I hope you did well ❤️👍

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  3 ай бұрын

  Great video ❤

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  @econhelp_officialАй бұрын

  Thank you!! ❤️

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  @christinewhittaker12113 ай бұрын

  This really helped me put it all together....thank you!!!

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  @subhrajitchakraborty81703 ай бұрын

  Thaaank you ma'am, it really helps a lot 🥺🔥

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  @atakanozkan22953 ай бұрын

  Thank you so much

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  @varsityStudyGuides3 ай бұрын

  Great🎉 playlist I'd forgotten most of these rules

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  @Jorge-vv5po3 ай бұрын

  thanks

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  @GabrielleRiscica3 ай бұрын

  Thank you so much for your content. I am very grateful that you have made these helpful videos that are easy to understand and enable me to grasp complicated concepts. They have been a great aid in my university studies. Keep up the awesome work, thanks again.

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  @Jay_Hammer3 ай бұрын

  Thanks this helped a lot

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  @LachlanWilcox3 ай бұрын

  Hey really needing help with this one. What happens when input costs increase in this exact situation

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  @arikatz1233 ай бұрын

  This is great thank you

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  @Ok-li6mg3 ай бұрын

  THANK U SO MUCH THIS IS THE ONLY TOPIC I STRUGGLED THIS MUCH TO UNDERSTAND

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  @choco_krispies23 ай бұрын

  THANK YOU!! Great explanation👏

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  @econhelp_official3 ай бұрын

  You're very welcome! Thanks for the comment and good luck with your studies!!

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  @andrewkibel20483 ай бұрын

  This was very helpful in preparation for the AP exam, thank you!

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  @econhelp_official3 ай бұрын

  You're very welcome! Thanks for letting me know, good luck with the AP :)

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  @Hz1up3 ай бұрын

  this was very helpful, thank you so much

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  @econhelp_official3 ай бұрын

  You're very welcome! Thanks for the comment and good luck with your studies!!

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  @eternallife93013 ай бұрын

  Mam please solve some questions from an exam held in India IIT JAM economics please 🙏🙏

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  @econhelp_official3 ай бұрын

  Hello! I had a little look at one past paper. I will try to go through some in the future. Thank you for the comment and letting me know about the exam!

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  @eternallife93013 ай бұрын

  @@econhelp_official Thank you mam for considering my voice 🙂

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  @econhelp_official2 ай бұрын

  Hi @eternallife9301, I had a look at some of the past papers and the questions were very interesting and actually very cool for me to sit down and try to figure out. Because these topics are a bit different from my current library of topics I have videos on, it will take me a little while to get to do videos on them. Unfortunately at the moment I have very little time (I have an energetic toddler) and because of this I'm just doing relatively easy videos that are quick for me. So the videos probably won't be quick enough to be useful for you. Given this though, please feel free to e-mail me ([email protected]) in the mean time with any specific questions, and I can try to explain things via e-mail. Sorry I couldn't be quicker with the videos!!

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  @eternallife93012 ай бұрын

  @@econhelp_official hmm😊 thanks mam for kindness 😍, in which topics or questions I'll face difficulty I'll try to reach you. Once again thanks mam😊

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  @danielsaunders40583 ай бұрын

  thank you

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  @econhelp_official3 ай бұрын

  You're welcome! good luck with your studies!

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  @tubagusdaffaxi12163 ай бұрын

  Thank you very much from Kyoto. Your explanation is very easy to understand😄

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  @econhelp_official3 ай бұрын

  I'm so glad! Thanks for letting me know, and good luck with your studies 👍👍

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  @iftikharhabib55484 ай бұрын

  Hi. I am from Pakistan and I love your videos and style of explanation. Please be kind to share your email here so I can write to you for some querries. Would be very kind of you.

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  @econhelp_official3 ай бұрын

  Thank you so much! [email protected] :)