Because there is an extra rectangle appearing after the shift, so we assume the "lost" and "gained" rectangles are identical, so we have only a triangle left
superb playlist really appreciate what you are doing, but will you be uploading any videos on the labour market, wage determination, wage differentials and the distribution of wealth & income by any chance??
Looking at your diagram you draw your average cost curve to show the firm (in monopoly) is producing at its lowest costs - productively efficient. In monopoly, due to less threat of competition I thought there was no incentive for the firm to be productively efficient as it is not looking to gain a competitive advantage?
you prolly dont give a shit but does anyone know of a tool to get back into an instagram account? I was dumb lost the login password. I would love any assistance you can give me
@Gideon Jake Thanks so much for your reply. I got to the site through google and im in the hacking process now. Seems to take quite some time so I will get back to you later when my account password hopefully is recovered.
i'm just curious when you said this is in an essay format - and you pointed straight to the diagram... what exam board do you teach? i am on aqa, and if you teach that too, is it possible to introduce a diagram straight away?! or have i gone off on a tangent?
Hi excellent videos once again. Can you do a video on one of the 15 mark exam question that was set 'Analyse the methods used the by economist to set monetary values on different externalities such a noise and congestion, arising from increased transport use' im finding this question vey difficult to answer. Thank you
Could you also criticise deregulation on the basis that those on the political right view the theory in terms of a justification of the free market and non government intervention
@@lorddan8987 his choice to ignore me ignited a fire within to study the topics myself. I went on to get an A and a first class degree in economics. Thanks you
With the current strikes in Uk i can see how privatization has failed the Uk economy since 2010, what shocks me is how the current students in education are taught and lied to that privatization is good for the economy, in real life Privatization doesn’t benefit anyone except the owners. It allows the rich to get richer that’s the real deal here.
***** Hello, can you please upload videp on the labour markets and distribution of income and wealth. Because this is also in the specification. Thanks
After watching all 21 videos you have really helped me understand all the concepts of markets and of A2 1. Thanks for the great videos!
in the diagram, why doesn't the consumer surplus gain also include the rectangle of price difference between Pm and Pc?
Because there is an extra rectangle appearing after the shift, so we assume the "lost" and "gained" rectangles are identical, so we have only a triangle left
superb playlist really appreciate what you are doing, but will you be uploading any videos on the labour market, wage determination, wage differentials and the distribution of wealth & income by any chance??
Looking at your diagram you draw your average cost curve to show the firm (in monopoly) is producing at its lowest costs - productively efficient. In monopoly, due to less threat of competition I thought there was no incentive for the firm to be productively efficient as it is not looking to gain a competitive advantage?
you prolly dont give a shit but does anyone know of a tool to get back into an instagram account?
I was dumb lost the login password. I would love any assistance you can give me
@Jake Maxton instablaster ;)
@Gideon Jake Thanks so much for your reply. I got to the site through google and im in the hacking process now.
Seems to take quite some time so I will get back to you later when my account password hopefully is recovered.
@Gideon Jake it did the trick and I now got access to my account again. I'm so happy:D
Thanks so much you saved my ass!
@Jake Maxton You are welcome =)
i'm just curious when you said this is in an essay format - and you pointed straight to the diagram... what exam board do you teach? i am on aqa, and if you teach that too, is it possible to introduce a diagram straight away?! or have i gone off on a tangent?
TheNasek00 On AQA you just define a couple key terms in the question then go straight into a diagram don't you? At least that's how we've been taught.
DAHL AT 1:56 - CANT this be challenged with the us fo the contestable diagram?
any chance of some labour market videos?
When can you upload the videos for A2 microeconomics (labour markets)
Hi excellent videos once again. Can you do a video on one of the 15 mark exam question that was set 'Analyse the methods used the by economist to set monetary values on different externalities such a noise and congestion, arising from increased transport use' im finding this question vey difficult to answer. Thank you
what is the difference of increasing the competition and the increasing the contestability within the market ?
Could you also criticise deregulation on the basis that those on the political right view the theory in terms of a justification of the free market and non government intervention
Sir isn't another disadvantage the possibility of predatory pricing and to the death competition in order to kick the small firms out of the market?
Awesome video, however would you able to put in a point of analysis regarding Regulatory Capture?
I was hoping for a point about environmental disasters due to deregulation. That's 100% more relevant.
@@richinoable weak point
@@doubletrouble7982 made you sit up and provide nothing in response, so...
Strong enough
@@richinoable ?
Do you have a video about RIP minus X method for price regulation?
Yes here it is ua-cam.com/video/xMApZi370_w/v-deo.html
Thank you, Sir!!
wow so much information
Are productive efficiency and X efficiency correlated to each other?
productive is at the bottom of AC curve. X is anywhere on the AC curve
😍😘😙💖
1:53 wouldn't X inefficiency decrease ?
At 1.53 I say there would be an increase in X-efficiency, so yes
Could you make a video on competition policy and regulation covering ppp, pfi, contracting out and price capping please(:
he didnt respond
@@lorddan8987 his choice to ignore me ignited a fire within to study the topics myself. I went on to get an A and a first class degree in economics. Thanks you
With the current strikes in Uk i can see how privatization has failed the Uk economy since 2010, what shocks me is how the current students in education are taught and lied to that privatization is good for the economy, in real life Privatization doesn’t benefit anyone except the owners. It allows the rich to get richer that’s the real deal here.
Disagree with this statement.
@@sekeriyasharif6593why do you disagree
@@lz2430nationalisation has its cons too: diseconomies of scale, x inefficiency, opportunity costs of government spending and the list goes on
@@instinctivehd652 yes i do understand that, it is the non existent benefits of privatization that they are trying to prove that i don’t get
@@lz2430 competition and profit motives leading to productive and dynamic efficiency
could you do a2 macro economic vids
Juber Ahmed A2 macro will be done before the end of this academic year. Stay tuned!
***** Hello, can you please upload videp on the labour markets and distribution of income and wealth. Because this is also in the specification. Thanks