The Kinked Demand Curve: Econ Concepts in 60 Seconds

  Рет қаралды 214,418

Jacob Clifford

Jacob Clifford

14 жыл бұрын

My 60 second explanation of non-colluding oligopolies and the kinked demand curve model. Remember that if you raise your price your demand will be elastic and if you lower your price demand will be inelastic. Please keep in mind that these clips are not designed to teach you the key concepts. These videos are a review tool to help you better understand what you learned in class.
Need help? Check out the Ultimate Review Packet for FREE: www.acdcecon.com/review-packet

Пікірлер: 123
@lich5164four
@lich5164four 9 жыл бұрын
You can explain in 2 min while my teacher explains this in 2 hours.
@coolnotcold.
@coolnotcold. 2 ай бұрын
I know it's been 14 years, but this man is an absolute legend! The content he's been delivering in his videos in all these years is so precise, and super easy to understand. Don't know what I'd do as an economics student, without him! Respect to you sir!
@iamangrygabriel
@iamangrygabriel 14 күн бұрын
same here. 14 years later, this is still useful, no no, so so so helpful. Shouldn't some of our educators be ashamed?
@IELTSSpeakingLibrary
@IELTSSpeakingLibrary 9 жыл бұрын
My teacher explained that in 2 hours and I was still confused. You are amazing
@afifaw2719
@afifaw2719 7 жыл бұрын
Every Econ Student needs a mr.Clifford in their life 🙏🏻☝🏻
@Ramesh.Sharma27
@Ramesh.Sharma27 5 жыл бұрын
Oh My God! How this man can explain this in just 2 mins with so much of ease? 😱
@jeffrysuryono
@jeffrysuryono 9 ай бұрын
This guy is a legend
@jubzfree
@jubzfree 12 жыл бұрын
That was SICK!!!!!! I really enjoyed that. Thanks :D
@Main446
@Main446 7 жыл бұрын
You are one of the best teacher! I bought your package and recommend it to everyone.
@chinesewaterboy
@chinesewaterboy 11 жыл бұрын
Mr. Clifford just wanted to say thanks for the awesome videos, and I've just purchased your study guides as well to further voice my support. Awesome work!
@kimcy19
@kimcy19 4 жыл бұрын
couldnt be better explained as simply and as fast as you did....great job Prof!
@wongwai8088
@wongwai8088 8 жыл бұрын
I like how they way you teach. By keeping it short and sweet and teach the main points allows students like me understand this huge concept in no time.
@jeffrysuryono
@jeffrysuryono 9 ай бұрын
Omg 60 seconds. Very well explained. Took my teacher 1 hour + couple of days revision to fully understand the concept.
@giseleiafrate2778
@giseleiafrate2778 2 жыл бұрын
This was SO incredibly helpful yet simple thank you so so much!
@michaellebedintsev7561
@michaellebedintsev7561 6 жыл бұрын
wow, I just watched someone else explain this theory and got me confused. Thank god I found your video. You saved me, Mr. Clifford you are the man.
@mareenazam7100
@mareenazam7100 6 жыл бұрын
your quick explanation is always understandable. thanksssssss!
@verybusy_doingnothing1692
@verybusy_doingnothing1692 7 жыл бұрын
I watch a lot of videos in youtube about kinked demand curve but I can't understand any until I watch this, good explanation👍
@gladdyschan9072
@gladdyschan9072 14 жыл бұрын
Thanks for making the concept of Kinked Demand Curve easier to understand. :)
@aditiyadav7301
@aditiyadav7301 3 жыл бұрын
Amazed !!! Thank you for this
@elijahsolis4916
@elijahsolis4916 2 жыл бұрын
beyond thankful at this point
@votemuthu
@votemuthu Жыл бұрын
I used your AP Macro videos to self-study for the exam and scored a 5. Now as a college student I had to miss some Micro classes this week and I supplemented notes from a friend and my professor's office hours with your video-I feel like I never even missed class. Thank you Mr. Clifford!
@shabeehhaiderjaffri9619
@shabeehhaiderjaffri9619 3 жыл бұрын
Explained very well man, hats off to you
@biotaftw5341
@biotaftw5341 4 жыл бұрын
Thank you!!!!! I really needed this
@shivjuneja7413
@shivjuneja7413 6 жыл бұрын
god bless you man, you're a great person. thank you so much brother.
@mohammedraza.
@mohammedraza. Жыл бұрын
Wow just nailing topics .amazing explanation sir.!!!
@rathivenkatesh
@rathivenkatesh 8 жыл бұрын
A wide explanation is in my text book. but you explained it in no time. thanks for that.
@labonnomahzabin1526
@labonnomahzabin1526 2 жыл бұрын
So well explained
@sunfloweryao4007
@sunfloweryao4007 7 жыл бұрын
u literally saved my life god bless
@hannielholness6134
@hannielholness6134 9 ай бұрын
Mr Clifford coming in clutch for my grades again 💯
@JodestjodKaka
@JodestjodKaka 3 жыл бұрын
Wtf!! This man is the future changer !!! 🙏 Omg thanks man!! I appreciate a lot ❤️❤️
@mphomotsamai7954
@mphomotsamai7954 Жыл бұрын
You are the best teacher ever 🙂...It took me days to understand the graph but now I do 💃🏼
@Alexander123321ify
@Alexander123321ify Жыл бұрын
Great explanation
@Tragiczna510
@Tragiczna510 10 жыл бұрын
oh god, 2:03 made my life, i try f*** hard to draw this curve until i saw your video. Thank you a lot !!!
@harshburande7023
@harshburande7023 Жыл бұрын
Even after 13 years , this is undefeatable.
@krismerful
@krismerful 9 жыл бұрын
Wow, that's pretty amazing. Thanks so much. :D
@faiqriaz2399
@faiqriaz2399 2 жыл бұрын
Thank you so much! You are amazing
@shindaimixyt2607
@shindaimixyt2607 7 жыл бұрын
You are a f***king Legend! You make these professors look like rookies who didn't make the all start rookie team!
@syanthangrandhi5892
@syanthangrandhi5892 3 жыл бұрын
everyone needs a teacher like Mr Clifford
@soumyajeetmitra6958
@soumyajeetmitra6958 Жыл бұрын
woww!! Super teaching skills in short time
@kriti3011
@kriti3011 9 жыл бұрын
salute to u. i really owe a lot to u! these videos r the best soln for a quick exam revision. micro is too easy, u proved it there. :)
@HoolaHonoluluHoney
@HoolaHonoluluHoney 12 жыл бұрын
Umm...i love you! You just made this concept seem like cake. I was up all night trying to understand it. Thank you!
@KKianaKaslana423
@KKianaKaslana423 Ай бұрын
bro what, even though english was my second language, but this was easy to understand. thank you mr. clifford, you're legend :D
@maxgupwell4376
@maxgupwell4376 3 жыл бұрын
bloody amazing
@utkarshranjan5431
@utkarshranjan5431 7 жыл бұрын
Amazing explanation
@fatousene1940
@fatousene1940 11 жыл бұрын
Thank you so much for explaining this very well.. Cuz i did not get a single thing in class... You are the best :)
@KriciaRu
@KriciaRu 10 жыл бұрын
this is so helpful!
@Terry-we6mb
@Terry-we6mb 6 жыл бұрын
Mr Clifford you'r a legend!
@juliettenegvesky7717
@juliettenegvesky7717 8 жыл бұрын
Thank you so much for this
@ric6383
@ric6383 2 жыл бұрын
Many thanks!
@Wasqah213
@Wasqah213 12 жыл бұрын
Wow, that was simple than i thought!!!
@psky9790
@psky9790 21 күн бұрын
Its been 14 years of this video and its still the best in the market. That’s monopolistic, isn’t it?
@rachelfelty469
@rachelfelty469 2 жыл бұрын
Thank you!
@sawyermay2484
@sawyermay2484 4 жыл бұрын
Holy crap that was so helpful. My teacher didn't even cover it but its on the exam so I needed to learn it fast.
@AmmarBinAman
@AmmarBinAman 10 ай бұрын
Amazing!!!!
@harshtaree
@harshtaree Жыл бұрын
that was so good
@Okok-ji2bl
@Okok-ji2bl 2 ай бұрын
Wow…that’s pretty amazing..it’s so simple but my teacher explained it in like 2 hrs
@johnw3821
@johnw3821 6 жыл бұрын
So helpful!
@rutujashikhare2611
@rutujashikhare2611 4 жыл бұрын
Awsm... Just awsm....❤❤💯💯
@khotsolebea7980
@khotsolebea7980 10 жыл бұрын
excellent presentation
@zahintawsif9167
@zahintawsif9167 6 жыл бұрын
Wow. This man is my new idol
@afifaw2719
@afifaw2719 7 жыл бұрын
Mr.Clifford...God Bless You 🙏🏻💰
@RobstaR729
@RobstaR729 11 жыл бұрын
Thank you SOOOOO MUCH!!!
@AthulGanesh
@AthulGanesh 11 жыл бұрын
Dude, you are the best man! Saving my ass for the AP Exams!
@21deendeen
@21deendeen 12 жыл бұрын
Thank you sooo much!!
@katelynk99lol
@katelynk99lol 7 жыл бұрын
Mr. Clifford, can you do a video on natural monopoly too please? Your videos are lifesavers. :D
@DreadnoughtAlphaOne
@DreadnoughtAlphaOne 2 жыл бұрын
You answered my question in the first 20 seconds damn.
@tplmkhize
@tplmkhize Жыл бұрын
excellent
@stellaunya5192
@stellaunya5192 3 жыл бұрын
You’re the best
@user-nj6en4sq6j
@user-nj6en4sq6j 8 ай бұрын
Amazing graceeeeeeee
@sugarcult28
@sugarcult28 14 жыл бұрын
ur so so so so sooooo AMAZING ahhhhhh wish u were my teacher tooo
@kennethliu929
@kennethliu929 11 жыл бұрын
Great vid, thanks :) Econ 12
@lithingowda1106
@lithingowda1106 6 жыл бұрын
well explained😊😊
@camerondron8246
@camerondron8246 Жыл бұрын
No disrespect to Econplusdal who is very good, but Mr.Clifford is just another level.
@saloniii7360
@saloniii7360 Ай бұрын
You're the coolest
@inamqasmi3499
@inamqasmi3499 3 жыл бұрын
If Price is constant then so would b AR and MR .Firms in Oligopoly can have different MC Curves and would try to produce at output where THEIR MC Curve is closest to constant MR but exact equation of MC and MR is less likely?
@essiees3151
@essiees3151 4 жыл бұрын
woww you are amazing love you
@Guch28
@Guch28 Жыл бұрын
Great video as always! May I just ask - what was the word that was written that Jacob kept referring to as "Ignore"? It seems to be an entirely different word. Thanks.
@ankitgoel000cool
@ankitgoel000cool 8 жыл бұрын
Can you please tell what will happen if we want to include MR curve in this.
@rishabhjoshi9468
@rishabhjoshi9468 Жыл бұрын
Awesome
@Katherine-ew6op
@Katherine-ew6op 4 жыл бұрын
thank u
@captainAUBS
@captainAUBS 11 жыл бұрын
thanks !
@milanchaturvedi4385
@milanchaturvedi4385 5 жыл бұрын
can you explain change in kinked demand curve in monopolistic market structure
@wahedanamher1826
@wahedanamher1826 5 жыл бұрын
Rocking 🤘🤘🤘🤘
@KaushalKumarkingkaushal
@KaushalKumarkingkaushal 3 жыл бұрын
I am fan 😁
@jennyq2926
@jennyq2926 Жыл бұрын
Shd add to the micro unit 4 playlist 🎉
@seasonsarestrange
@seasonsarestrange 8 жыл бұрын
Do ppl actually test if he explains within 60 secs lol He's honestly 2 good of a teacher that u wouldn't mind if he goes beyond 👌
@nishas6110
@nishas6110 5 жыл бұрын
Wow aWesome
@AMG_AB
@AMG_AB 10 жыл бұрын
Yoo he killed that
@rossbrill9205
@rossbrill9205 9 жыл бұрын
i wish you were my teacher
@rishabhexplains8877
@rishabhexplains8877 3 жыл бұрын
savior
@badrmoubile9219
@badrmoubile9219 4 жыл бұрын
You a fucking legend man
@user-vx5vp7ig4t
@user-vx5vp7ig4t 3 жыл бұрын
tq
@coldone1565
@coldone1565 3 жыл бұрын
wow.. literally got it in 60 secs.
@tal8871
@tal8871 8 жыл бұрын
This is so op lol. I just saved like an hour probs
@deeptysarder6797
@deeptysarder6797 4 жыл бұрын
Cool
@chunkiedrake
@chunkiedrake 11 жыл бұрын
you're a fcking genius
@maregesimkumimohamed6013
@maregesimkumimohamed6013 2 жыл бұрын
thanks man 😂😂😂
@n50nj1ii
@n50nj1ii 5 жыл бұрын
Get you a Mr. Clifford.
@Gametheory101
@Gametheory101 14 жыл бұрын
Did you get a PhD? I am wondering how you did not end up working at a SLAC.
@bavmun2088
@bavmun2088 3 жыл бұрын
wow.
@PRAKHARGUPTA_208
@PRAKHARGUPTA_208 7 ай бұрын
i love u
@madhumithar7066
@madhumithar7066 Жыл бұрын
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