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Y1 19) Minimum Price (Price Floor) - Full Market Impact

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EconplusDal

EconplusDal

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Y1 19) Minimum Price (Price Floor) - Full Impact. Video covering the full impact of a minimum price (price floor) on a market
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Пікірлер: 42
@vimbanashenzuma3306
@vimbanashenzuma3306 Жыл бұрын
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@Major-kc9uj Жыл бұрын
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@selinasaidumarova06 3 ай бұрын
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@hustler-music 10 ай бұрын
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@YashG04 Жыл бұрын
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@Sibanda960
@Sibanda960 10 ай бұрын
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@emvn4429
@emvn4429 Жыл бұрын
Hi, can you go over a walkthrough on model answers for exam questions on bigger mark questions please?
@FakenameStevens
@FakenameStevens 7 ай бұрын
Good video! You could use price elasticities to evaluate against price floors. If there's a necessity that gets a raised price, quality of life in the country will decrease as fewer people will be able to afford the necessity.
@insignificant_10
@insignificant_10 Жыл бұрын
Hi, what tips will you give for people who are giving march 2023 econ paper?
@momin3076
@momin3076 7 ай бұрын
very good video keep it up hey seh
@khalidkhan4367
@khalidkhan4367 Жыл бұрын
Love this guy. 🥀
@thedogsaidmiaw_123
@thedogsaidmiaw_123 Жыл бұрын
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@ronanquinn940
@ronanquinn940 Жыл бұрын
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@AaronBushnell12
@AaronBushnell12 Жыл бұрын
Its essentially Minimum Support Price.
@gutzz1519
@gutzz1519 Жыл бұрын
Hi sir I just wanted to ask if you have any videos on business growth? Thank you
@tala_khodre
@tala_khodre 9 ай бұрын
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@TamimIslam-pr7xc
@TamimIslam-pr7xc Жыл бұрын
Amazing :)
@gamingcloud3302
@gamingcloud3302 3 ай бұрын
can these be used in the context of monopsonys? The govt may set a minimum price to prevent suppliers being paid a low price for their goods?
@yagmurkaraagoz
@yagmurkaraagoz 3 ай бұрын
Yes in labour market
@Andrei8pa3
@Andrei8pa3 Жыл бұрын
Is this for aqa?
@charlielewis5799
@charlielewis5799 Жыл бұрын
🐐
@daniellangner5941
@daniellangner5941 Жыл бұрын
One question - Are these minimum prices set for individual products? For instance there is a price floor for milk and eggs, but no price floor for meat?
@eminsoyler1905
@eminsoyler1905 Жыл бұрын
Yes exactly, there is a minimum price on Alcohol in scotland you could use that as an example, do further research.
@chirayudesai7459
@chirayudesai7459 6 ай бұрын
I love you bro
@adem1000
@adem1000 Жыл бұрын
Thanks for the A* Dal
@thetrashgolfer
@thetrashgolfer Жыл бұрын
Saka clear Of Rashford
@adem1000
@adem1000 Жыл бұрын
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@anonymous99923
@anonymous99923 3 ай бұрын
@@adem1000 both let England down
@embrey7021
@embrey7021 Жыл бұрын
Why wouldn't demand just shift to the right creating a new equilibrium which solves the market failure
@maday9425
@maday9425 Жыл бұрын
the government may use a max price for de merit goods like cigarettes and alcohol. so it makes them more expensive to buy. so the QD will be less. reducing the overconsumption of the good. But for merit goods like fruit and veg, the equilibrium price can be unfair to producers so the government might want the help and protect them. forcing us to pay a higher price. but that QD will fall. so the government will buy this excess supply. so producers still earn vast amounts of revenue.
@sushruthravishankar6027
@sushruthravishankar6027 Жыл бұрын
@@maday9425 You mean min price for demerit goods. And a max price for merit goods
@DumbWatermeloon
@DumbWatermeloon 4 ай бұрын
Dis video greater than my sheep
@tiraminess
@tiraminess Жыл бұрын
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