Y2 8) Profit - Normal, Supernormal (Abnormal) and Subnormal

Y2 8) Profit - Theory Video covering economic profit. Supernormal, Normal and Subnormal Profit.
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[@user_raiya444]

honestly you have a gift of simplifying confusing topics love your videos super helpful thank you so much!!

[@fitnessbusinesssuccess7177]

Thank you for your uploads, I am not part of your course, but I do enjoy learning about economics and your channel has been a Godsend!

[@shahzaibmushtaq3539]

You're doing a great job. Love your teaching style man!

[@ivyjun2600]

I love how I can get about anything in your presentation Sir

[@savinagunaratne1601]

The god of Economics

[@anandkongkham9945]

Thanks for the simplified and easily understandable lecture

[@paaritoshsingh6427]

Thank you man, you're a lifesaver

[@oceanimble7728]

Awesome vedio Sir😊 Thank you for explaining with examples..

[@h.i.sjoevall4213]

YES. Tnx dude, you'r a great teacher!

[@chinarbajaj8499]

thank you all much:).

[@realFriedrichHayek]

have a test about this tomorrow, how did you know?

[@ximerdz8355]

Loved this! Thank you :)

[@blackops2inneed]

@econplusdal can you do a video on the "Quantity theory of money"

[@tomhetherington5611]

Great video!

[@viviandavidmartin5903]

Superb video 👍

[@Dr.AniketSharma]

Quick and great

[@lynnmokua]

thank you so much

[@misskaur4478]

sooooooooooo well explained

[@kaibaing4288]

Is opportunity cost same as implicit cost?

[@lifewithdylan]

Could you do a video on, understanding what the different exam questions want you to write about, like the different wording -evaluate , asses , impacts, consequences etc
cherrs

[@daman4104]

Jheeze man like Dylan

[@HasibsVlogs]

So this is what got you a B dylan in economics, the secret ingredient big boy paj

[@austinwachira5185]

Smashed It!

[@khinmyatnoe9247]

So, clear. Worth for 6 min .

[@saykalbekallayorov9236]

Thank you

[@shahali4654]

so say if company C's total cost was at the moment was say £50,000, does that mean their profit would be £190,000 minus the £50,000 plus that £10,000 economic cost giving a profit of £130,000 ?

[@kanakdaga1700]

As per economists, the company would consider the following:
90,000 - 100000 (implicit cost) - 50,000 (explicit cost) = - 60,000 (Loss i.e. sub normal profit)
For accountants however,
90,000 (revenue) - 50,000 (cost) = 40,000 (profit)

[@vikastank834]

Thank you(:

[@ryfrz]

Minimum level of profit required to keep fop in their current use

[@akashkolli1447]

Thank u sir

[@aaryamankhanna5951]

true legend. true legend........ TRUE FUCKING LEGEND

[@numaniqbal2261]

Thanks

[@billycoulthurst7585]

what exam board is this?

[@sairarai509]

Honestly where has this explanation been all my lifeee

[@tomgillespie195]

Cheers

[@Cryptic.s]

is normal profit the same as breakeven point?

[@anuneu4722]

no

[@upulhettiarachchi6262]

❤️‍🔥

[@lamppost]

how does this guy click so loud. good vid btw

[@kanavkapoor3055]

Do my eyes deceive me or do I see a Pi in Economics? Is this some undergrad Economics notation?

[@vaishnavisurnam5719]

Pi means profit in economics and accounting.

[@mihirmm8322]

Thank you

[@leonmoodley1]

Thank you