Y2 5) Long Run Costs and Returns to Scale (LRAC)

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5 жыл бұрын

Y2 5) Long Run Costs - LRAC. Everything you need to know about Y2 Long Run Costs - LRAC the long run average cost curve
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@aatirroshan 4 жыл бұрын

I wish you were my teacher irl

@shrutiupadhyay5013 2 жыл бұрын

Irl?

@westerntools4602 2 жыл бұрын

@@shrutiupadhyay5013 In real Life*

@kutlo777 4 жыл бұрын

Best video on Economies of Scale😔🙏🏽I literally didn't understand the topic and knew everything at the end of this video. In just 7 MINUTES!!! 🔥 🔥 🔥

@oaqutc 8 ай бұрын

THIS IS THE CLEAREST VIDEO I'VE EVER SEEN IN MY LIFE EXPLAINING LONG RUN AND SHORT RUN AND SCALING I UNDERSTAND ECONOMIES OF SCALE PERFECTLY NOW GREAT JOB ECONDALPLUS

@moongyunglee4022 4 жыл бұрын

very clear on point! way much better than any other videos I have seen before.

@XMegaJuni 3 жыл бұрын

Brilliant, thank you for putting this detailed explanation for free. Bless you

@perillam8360 2 жыл бұрын

Got so confused in school lesson, but finally understand it in your video!!!

@PAHart-dg8bl 5 жыл бұрын

Seriously underrated!Thank you

@playershotzzz2890 5 жыл бұрын

U revised for exam?

@user-wp7ow2gj6s 3 жыл бұрын

So helpful during my a-levels even though i didn't take the exam (2020 graduate) the knowledge i gained is really helpful now for my econ module at uni! Coming back to these to clear things up - best teacher!

@thesnackbandit 11 ай бұрын

What are you studying/ did you study?

@kindlove1346 4 жыл бұрын

Thank you very much. Well enough explanation. Better than my actual teacher.👍👍👍👍👍👍. Hoping and full confidence to get A grade.🙂🙂🙂🙂

@la-aihunmekashishamawiong3176 3 жыл бұрын

You are an excellent teacher.. 👏👏👏..... Your teaching is crystal clear.

@randomhuman5208 Жыл бұрын

You're the reason why I got an A* for cons unit 3

@adem1000 2 жыл бұрын

Excellent video. You're a legend Dal

@boxeq4670 Жыл бұрын

thankyou again Dal! really well explained this

@Resanessa 3 жыл бұрын

finally!!! a video that makes sense. THANK YOU

@sararajpoot8329 3 жыл бұрын

Greatly Explained 👌👌

@theophelouszilole9002 2 жыл бұрын

You are helping us alot 👏👏☇☇🔥🔥

@jillk6177 4 жыл бұрын

very helpful thank you !!

@kevinghasemi6987 4 жыл бұрын

pause at 0:00, when you open the exam paper and nothing you revised is on there

@euanscott6386 4 жыл бұрын

this made my day

@benjaminsibson4265 3 жыл бұрын

Euan Scott hahahahahahahagagahaggahahahahahahahahahahahHahahahhaahahahahabahahhaahhaahhaa

@PB-xr6yi 3 жыл бұрын

🤣🤣🤣

@thingssshappennn 3 жыл бұрын

does not work for me(((

@RachelKGreen 3 жыл бұрын

LOL

@alexfarrugia7935 2 жыл бұрын

YOUR SO HELPFUL

@vaishaliajmera4172 3 жыл бұрын

superb!!

@WillRayner Жыл бұрын

I love you Dal !!!!!

@tasha9162 2 жыл бұрын

Best teacher ever

@lynnmokua 5 жыл бұрын

Thank you sooo much

@digbijaybasnet6839 4 жыл бұрын

u a real g

@dipakrajputt 4 ай бұрын

Easiest Explanation! Your accent is American and you have Kalawa in your hand. Jai Shree Ram guru ji! Nice Explanation thank you

@imaivie 2 жыл бұрын

I love u... my teacher could never.

@kiririnakotoka8202 2 жыл бұрын

Thank you sooo sooo much sir

@alexfarrugia7935 2 жыл бұрын

i LOVE YOUR VIDEOS

@nalini78 6 ай бұрын

Thank you so much Sir

@nobuhlemasuku 7 ай бұрын

Thanks teacher

@isabella7131 2 жыл бұрын

Thank youuuuu

@alexfarrugia7935 2 жыл бұрын

THANKYOOOOOU

@sumangalgandhi4608 5 ай бұрын

very good explaining skills, detailed knowledge. do u have IB economics year 1 & year 2 chapter wise videos list to go thru ?

@rejuvenatedsoul1016 4 жыл бұрын

Can you please make a video on why/how LRAC curve is derived from SRAC curves? Please !!

@rishabh5750 3 жыл бұрын

LRAC is the minimum line of all the SRAC's

@rishabh5750 3 жыл бұрын

kzfaq.info/get/bejne/i7h5ndeStZy3gJ8.html if youre still confused

@alexfarrugia7935 2 жыл бұрын

YOUR SO CLEVER

@091A1LeeXuanHong 4 жыл бұрын

May I know what is the difference between Economies of Scale and Returns to Scale?

@Venuk 3 жыл бұрын

Economies of scale is when long-run average cost decreases as a firm expand. Returns to Scale is how much output changes in response to changes in inputs. Bit late but there ya go (:

@naveedbaba94 10 ай бұрын

Sir in case Constant return LAC curve is which shaped

@hussainmiah2461 4 жыл бұрын

Trims doings bits still come on family

@noxolona1076 2 жыл бұрын

How do you get percentage change in Input amd and output in the table?

@icthakidd1040 Жыл бұрын

did you find out?

@Chandu-1713 3 жыл бұрын

I can't understand how to calculating % of input,And output

@Jellybeanisme 2 жыл бұрын

for the first level of output- 3000, he added the capital and labor taken to produce in order to calculate total inputs used (150 Labor and 20 Capital= 170 total inputs he did the same for the 2nd level of output as well-7500 (300 Labor and 40 Capital= 340 total inputs) then he got the percentage change in inputs (the difference between the total inputs divided by the original/previous input level into 100) (340 -170= 170 (the difference)/170 x 100= 100) 100 is the % change in input level for output 7500-3000=4500 (difference in the first two output levels) to get percentage change divide the difference by the original output level into 100 (4500/3000 x 100)= 150 is the % change in output level. Hope this helped :)