Y2 1) Law of Diminishing Returns

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EconplusDal

EconplusDal

5 жыл бұрын

Y2 1) Law of Diminishing Returns. Everything you need to know about the law of diminishing marginal returns
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Пікірлер: 120
@adem1000
@adem1000 2 жыл бұрын
Words cannot describe the plethora of love I have towards this man.
@fort-niteproyoungdae3366
@fort-niteproyoungdae3366 5 жыл бұрын
The king is finally back to save my a levels 🤥
@gurpreetsudan693
@gurpreetsudan693 3 жыл бұрын
P
@rexynator_ytb
@rexynator_ytb 3 жыл бұрын
🥲
@abhijeetnikhate7855
@abhijeetnikhate7855 4 ай бұрын
5 years had been passed but no one can match your level of teaching!!!! Hats off sir.🎉🎉🎉🎉
@carolynhtoon1004
@carolynhtoon1004 5 жыл бұрын
Everyone should definitely watch his videos! Got my Jan IAL 2019 Econ unit 3 results today, got an A!!! Couldn’t have gotten it without him!!!
@suriayazahra6921
@suriayazahra6921 4 жыл бұрын
Carolyn Htoon how did you prepare yourself for U-3?
@_-FreePalestine-_
@_-FreePalestine-_ 4 ай бұрын
Your videos got me a 92/100 in my A level economics Alhamdullilah
@preciouspearl1640
@preciouspearl1640 4 жыл бұрын
Atleast now I understood this part ! I am always confused with this part and now I am having a clear view of this part ! Thank you sir ! 😊
@sithumrandiya1641
@sithumrandiya1641 2 жыл бұрын
I got an A for unit 3 thanks to this man's videos 89/100 such a great lecturer ......note down what the econ god says in a book and study the book....You'll ace your test
@franciscaoliveiradias3413
@franciscaoliveiradias3413 5 жыл бұрын
Thank you so much for your videos, with them I was able to get an A on my AS level cie, THANK YOU
@daviddulom8258
@daviddulom8258 3 жыл бұрын
I was trying to comprehend this topic for hours but could not able to do it until I found this video…thanks man❤️
@nidabawa4362
@nidabawa4362 5 жыл бұрын
Can you please cover the Indifference curves part too? and how the income and substitution effects has on normal/inferior goods using the budget lines and indifference curves.
@naturallyva8957
@naturallyva8957 3 жыл бұрын
This Gives me hope that I will be able to pass Econ. Thank you Dal!
@extrospective
@extrospective 5 жыл бұрын
All heil Lord Dal
@periwinkle2881
@periwinkle2881 2 жыл бұрын
Short and clear, this video is a life saviour. You have earned a subscriber :D
@ziaaaaaaa6529
@ziaaaaaaa6529 5 жыл бұрын
Saving my life! Thank you so much! It’s very helpful
@johnschaffer2073
@johnschaffer2073 4 жыл бұрын
Great video. You really brought the topic to life!
@adnanalam4410
@adnanalam4410 Ай бұрын
I literally do not have enough words to be thankful to you sir. My physical class was pure waste. I've a few more days for my mcq exam, and finally I'm understanding these easy concepts.
@nakkungugertrude1672
@nakkungugertrude1672 2 жыл бұрын
The world need people like you🤝
@yash_lunatic_waves7816
@yash_lunatic_waves7816 2 жыл бұрын
This man surely deserve a business class in heaven.!!!!
@preciousjoseph576
@preciousjoseph576 3 жыл бұрын
You have saved a confusing Brian. Thank you!
@salmanharoon959
@salmanharoon959 3 жыл бұрын
thanks to u ! I am able to prepare for my A2 even during this pandamic
@sharmilaprakash8518
@sharmilaprakash8518 3 жыл бұрын
Thank you for the clear explanation sir. Glad that I found your channel☺️
@gossamerflower3430
@gossamerflower3430 4 жыл бұрын
u made it sound so easy thank u father u r my saviour
@BaseballCards35
@BaseballCards35 3 жыл бұрын
Clear & concise. Good job.
@ajangnico5702
@ajangnico5702 5 жыл бұрын
your explanation is so brief! thanks alot 🙏
@bagga786
@bagga786 Жыл бұрын
Big bro Saving my January exams🗣
@leroydywili
@leroydywili 3 жыл бұрын
Thank you so much for this it really helped me a lot
@esraafawzi2383
@esraafawzi2383 7 ай бұрын
I love how u explain this issue
@Slam_24
@Slam_24 5 ай бұрын
Thanks heaps! I used your video to better understand some of the behaviour seen in animals and especially birds when they feed young. This law applies to biology too, and even your own life!
@safianadaf6268
@safianadaf6268 2 жыл бұрын
Also love your videos !! you're saving my a levels
@goatmatthew69
@goatmatthew69 5 жыл бұрын
Yo nice and detailed videos man helped me a lot
@jiggybad2730
@jiggybad2730 2 жыл бұрын
this is the first video i've watched and its really a helpful one. thank you so much man. I was very much behind with my microeconomics. Looking forward to seeing more of your videos.
@umutdogan1860
@umutdogan1860 2 жыл бұрын
I got an A in Econ because of this guy.
@ayashazhar5340
@ayashazhar5340 2 жыл бұрын
Dont know how to thank you.. but this is awsome...💯💯🔥🔥🔥🔥. Saving me through AL'S.
@tomyecats2301
@tomyecats2301 5 жыл бұрын
how comes there is no videos on the labour markets in the microeconomic year 2 playlist?
@shaansapru6676
@shaansapru6676 2 жыл бұрын
the best explanation ever , god bless u bro!!!!!!!!!!!!
@ananthabassb3167
@ananthabassb3167 2 жыл бұрын
Thanks for sharing. Can this logic be applied in the contact center? and how will the law of diminishing return respond to multiple factor work environment (Example: order booking fluctuation, Skill dependency working environment)
@chamariaurora6665
@chamariaurora6665 2 жыл бұрын
Excellent explanation ✌️ Thank you😊
@makemymarket1772
@makemymarket1772 Жыл бұрын
You deserve a medal
@dba6121
@dba6121 3 жыл бұрын
Clearer than the books.
@user-xr8pt7ef3s
@user-xr8pt7ef3s 10 ай бұрын
U have made my understanding easy 👏
@justinagen7960
@justinagen7960 2 жыл бұрын
awesome video! thank you!
@daniel-vf1ld
@daniel-vf1ld 3 жыл бұрын
perfect explanation. thanks a lot
@705akhilazeez9
@705akhilazeez9 2 жыл бұрын
Sir you are just awesome 👍
@numaniqbal2261
@numaniqbal2261 2 жыл бұрын
Thankyou for your efforts,
@starofjustice1
@starofjustice1 Жыл бұрын
So it's like when I was managing a pool store, and corporate described every single promotion they had us do as "exciting savings". And how after a couple months I would see those words in the emails, but not really notice them anymore.
@pedrogaleano6722
@pedrogaleano6722 4 жыл бұрын
Very explanatory!
@annaabobusingye4624
@annaabobusingye4624 3 ай бұрын
Thank you so much sir
@shatabdisaha1562
@shatabdisaha1562 3 жыл бұрын
Do you think that the law of diminishing returns holds every unit of labour use?
@UmarDoesEconomics
@UmarDoesEconomics 8 ай бұрын
great explanation using numbers dal
@Dullanator
@Dullanator 3 ай бұрын
My glorious econ king
@houseofthoth
@houseofthoth 4 ай бұрын
Thank You!
@syedali5699
@syedali5699 2 жыл бұрын
Im very beginner in economics. Wish luck...
@shubhankarkulkarni7667
@shubhankarkulkarni7667 5 жыл бұрын
Thank you 🙌🙌🙌🙏🙏
@Uhamigo
@Uhamigo Ай бұрын
the rennaisance teacher of A levels economics
@myrakhan792
@myrakhan792 5 жыл бұрын
And also are these videos in sequence ?
@safianadaf6268
@safianadaf6268 2 жыл бұрын
Do you have any videos on business growth by any chance ?
@jamesplummer5637
@jamesplummer5637 5 жыл бұрын
Really helpful
@imaivie
@imaivie 2 жыл бұрын
how did ur minute video teach me more than my econ teacher did in two years???
@10fcull44
@10fcull44 3 жыл бұрын
How does this differ from diseconomies of scale?
@hanvour
@hanvour 2 жыл бұрын
I can only quickly divide up to 15 by 3 equal 5.
@liamhoward2208
@liamhoward2208 2 жыл бұрын
Hello, great content! Quick question, are these economic theory's empirically proved? Or, is it just based off common sense? If so can you point me in what direction so I can read up on it? Thank you
@BlackSpadeZ
@BlackSpadeZ 2 жыл бұрын
Can someone tell me why MP cuts AP at its highest?
@Alast736
@Alast736 5 жыл бұрын
In other words, that just means there is an optimal amount of workers for a predefined working place, and a optimal amount of machines for a predefined amount of workers? if I understand correctly what factors of production are (capital, work and technological progress)
@RossWasTaken
@RossWasTaken 5 жыл бұрын
CELL - Capital, Enterprise, Land and Labour
@gideontreaaure2690
@gideontreaaure2690 2 жыл бұрын
Nice illustration
@actopzz5989
@actopzz5989 4 жыл бұрын
what if the firm increases its Fixed FOP (buys more land(in this case ovens)) as it gets more labour?
@hn6498
@hn6498 4 жыл бұрын
For that they need more space, more land hence representing Long run. This law exists in short run, only consisting of variable costs of production.
@saisham4113
@saisham4113 4 жыл бұрын
what board is this for?
@L74824
@L74824 5 жыл бұрын
Thanks
@copelandhd722
@copelandhd722 5 жыл бұрын
Hey, is this is also in Cambridge International Examinations (University of Cambridge) A level too?
@EconplusDal
@EconplusDal 5 жыл бұрын
Yes 100%, the entire playlist is
@copelandhd722
@copelandhd722 5 жыл бұрын
@@EconplusDal Thank you so much! You've helped thousands of students! I got an A in AS just because of you whereas I had a C in IGCSEs.
@Letters.to.my.boyfriend
@Letters.to.my.boyfriend 3 жыл бұрын
Lmao i literally sat and watched this thinking it was the health related one 😭😭
@ingilizcehazrlk9134
@ingilizcehazrlk9134 5 жыл бұрын
Great
@phantonomics
@phantonomics 9 ай бұрын
When I graduate, I'll buy this man a bigger white board.
@digbijaybasnet6839
@digbijaybasnet6839 4 жыл бұрын
u a real g
@The007asraaf
@The007asraaf 2 жыл бұрын
you are awesome😝
@innocentvand
@innocentvand Жыл бұрын
Thnx alot
@pinguwingu9
@pinguwingu9 5 жыл бұрын
Are you VikkStar123's brother?
@pinguwingu9
@pinguwingu9 5 жыл бұрын
@@cristobal1051 sorry who are u?
@pinguwingu9
@pinguwingu9 5 жыл бұрын
@@cristobal1051 aight 👌
@rafathchowdury1968
@rafathchowdury1968 5 жыл бұрын
bengali brooo
@yingyun1314
@yingyun1314 3 жыл бұрын
Thanks!
@boxeq4670
@boxeq4670 Жыл бұрын
thankyou dal
@myrakhan792
@myrakhan792 5 жыл бұрын
Do these videos cover the entire syllabus for a level economics ?
@bretmanfan
@bretmanfan 5 жыл бұрын
these vids are the basics so yes!
@TubeNan
@TubeNan 2 жыл бұрын
thanks
@Mahir75306
@Mahir75306 5 ай бұрын
Nice❤❤❤
@cowji2183
@cowji2183 3 ай бұрын
can you do edquas please
@AR-ge1oo
@AR-ge1oo 5 жыл бұрын
Is the micro year 2 playlist for AQA?
@ThePaperCreater
@ThePaperCreater 5 жыл бұрын
Presumably it's a generic variation that tries to cover all of the exam boards, he has a reply below about it meeting Edexcel and International Cambridge
@sumanchowdhury6162
@sumanchowdhury6162 2 жыл бұрын
Ap is total product divided by total inputs.btw he got X and y axis all wrong. It should be reverse. 😆
@izusblur
@izusblur 5 жыл бұрын
The quick division ooph
@khushiarora13
@khushiarora13 5 жыл бұрын
Is this in Edexcel A economics?
@EconplusDal
@EconplusDal 5 жыл бұрын
Oh yes, fundamental
@mengconghu9409
@mengconghu9409 2 жыл бұрын
savior
@la-aihunmekashishamawiong3176
@la-aihunmekashishamawiong3176 3 жыл бұрын
What is the difference between the law of diminishing marginal returns and the law of diminishing marginal utility? 🤔
@alexandrademetriou3150
@alexandrademetriou3150 3 жыл бұрын
The basic ideal behind the principle of diminishing marginal utility is that the additional satisfaction a consumers gets from the consumption of one additional unit of a good or service declines as the amount of that good or service consumed rises. Here we add additional variable inputs to a fixed factor of production. This is different because at the beginning the variable input (lets say workers) increase which results to an increased marginal product due to specialisation and utilisation of fixed factors, and then when the work space is saturated each additional worker will produce less than the previous one = less marginal product is added. Hope that makes sense.
@periwinkle2881
@periwinkle2881 2 жыл бұрын
@@alexandrademetriou3150 Wasn't the one asking the question but I happen to read your explanation and damn they're helpful, thanks a lot!
@Meowsers-id2kf
@Meowsers-id2kf 7 ай бұрын
where have you been all my life
@jazlou
@jazlou 4 жыл бұрын
What is FoB?
@seongyunhong6579
@seongyunhong6579 4 жыл бұрын
Its FOPs (Factors of Production)
@LiyanaSali
@LiyanaSali 17 күн бұрын
👍👍
@mhai3305
@mhai3305 3 жыл бұрын
Thank you.... You have such a sexy voice. HAHAHA
@theegyptiansquashchannel1363
@theegyptiansquashchannel1363 3 жыл бұрын
Can someone here send his A-level notes?
@zahra1455
@zahra1455 3 жыл бұрын
The 24 people who disliked this video are shitty lecturers who are jealous they cant teach like him.
@tivyanmohan5786
@tivyanmohan5786 4 ай бұрын
insane
@ogziso
@ogziso 2 ай бұрын
leng guy
@Manlikenimz
@Manlikenimz Жыл бұрын
Your calculation on marginal product is not clear at all.
@lynnmokua
@lynnmokua 5 жыл бұрын
how comes there is no videos on the labour markets in the microeconomic year 2 playlist?
@innocentvand
@innocentvand Жыл бұрын
Thnx alot
@aminaramzan8555
@aminaramzan8555 Жыл бұрын
👍👍
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