Y1 2) Production Possibility Curves - PPCs / PPFs
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- Опубліковано 15 чер 2024
- Production Possibility Curves - PPCs / PPFs. Detailed video covering everything you need to know about Production Possibility Curves - PPCs / PPFs
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Our Modern Father and Saviour of Economics here, bless him
Facts yo
If you are reading this comment you aren’t focusing on the video. Scroll right back up, stop procrastinating and watch the video.
:(
Yeah, you're right
I'm reading in last min🥲🥲🥲
now um reading replies to this comment
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Don’t even do economics any more but I still watch Dal #EconPlusDaddy
Cool
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This guy is actually the goat of Economics
As a teacher myself I can confidently say that you're a very good teacher. Bravo!!
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Game respects game!
Yes he is very good
Our teacher favours your channel over others and I can see why. Thanks for explaining this in such clear detail!
by watching his video i realized how much info we can achieve from a 15min video, i litly spent 40min and took 6 pages of notes
Dal is an exceptional teacher who has a deeper understanding of business subject and knowledge. His explanation is clear and easy to understand with variety of examples and applications to real world problem solving.
may not fail my final econ paper tmr cos of u, bless up G
AAA NJGV did u pass it g
@Elyas Unknown Lets come back in another 4 months to see if he responds
what went wrong g
Yeah, he failed
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#EconPlusDaddy
Pappy;) :D
I got A* in A level economics because of you. Thanks
BRO HELP ME
@@plty3931 LMAO R u in year 12?
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Honestly you are doing the Lord's work. Thank you so much mahn!
Just started Economics AS and just started watching you. Your videos are amazing and I am now relieved because I'm sure ill have a great time learning this fun and complex subject along with you!
Bro is better than my actual teacher
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I'm doing Econ IB and this is beyond helpful thank u so much!
2:22 its 15 laptops but you probably didnt even realise because you said 15 afterwards. Thanks for these videos I am learning economics A-level by myself (and you)
Thank you this video is really useful and I'm currently studying A level economics and this has refreshed what I've learnt- amazing video!!!
I just finished my economics paper today. Thanks econplus💯
the best channel i found.
Thank you sir, you make my life to be so easy
Dal I beg you make Uni economics videos. I'm out here struggling with IS-LM....
IS - investment and savings - relating to public and private savings - affected by fiscal policy and private investment
LM - liquidity money - depends on monetary policy (increasing/decreasing the money supply)
well explained, clear and easy to understand . thank you sir. want to see more
You're a top guy dude. Thanks a lot.
you are sooooo great!!! as clearly and meaningful!!!! thumbs up!!!!
Really helpful,I'm currently a student from a university as I didn't follow this as a subject for alevels it was hard for me,but now after watching your videos ,I'm catching up the subject really fast, Thank you Sir for the clear explanations❤
Dal, you are a hero!
saving my A levels you legend
You the best man keep making those videos
thank you ..now its very clear. thank you Dal
Nice one , this has made me understand Econ
I learn a lot about teaching Economics thru your videos. Thank you. I even show your videos for my students:)
not the best at explaining then are you
Amazing lesson! Very informative and helpful 😊
Love you Dal
Great video thanks a lot for your help
You should be my uni instructor for this course. Thank you for enabling me understand the lessons while he failed to do this
not me understanding economics better , you are brilliant
Wow you explained this very well
vikkstar helping me with economics what a king
racism isn't tolerated in today's society and I'm black so it doesn't matter the colour of your skin
A racist one
A costly one
We have to understand the limits and the borderline, especially in today’s day and age
Whatever man
Well explained!
#EconPlusDaddy thank you for saving my A Level
hello thankyou for the video!
I love this guy
Excellent !!
Love these. I'm teaching economics for the first time this year and these videos are brilliant to help me with pitching. Thank you.
bro is even teaching teachers how to teach students 😂 What a legend
@@plty3931 teachers teach teachers. That's how we learn to do our jobs.
@@robyn2791 yea just realised. In fact my mom is a teacher
super class sir🙏
soooooo great !my economic teach use this video to teach us during she was having Covid19 ！！！！！really helpfui
THANK YOU SO MUCH!
your so helpful xx
my lord and saviour omg
If the line is a straight downward slope on a ppf graph is the opportunity cost constant or increasing?
You saved me!!
Love you x
Respect Dal!
Honestly thank you so much! I'm loving Economics because of your videos! (>~< )
That face at the end of your comment was completely unnecessary, it is in fact a misallocation of resources as your time could've been spent better elsewhere. Not to forget the negative externality in production you've generated because of it, now I'm here after reading to make sure you're aware that you're allocatively inefficient. Your ppf should be in the negatives rn sorry to say
@@ViralClipsTube your reply was an oppurtunity cost
@@sebiclark5843 Sure I mean, everything has an opportunity cost. Although my reply was pareto efficient. So we good
@@ViralClipsTube dawg ☠️
@@plty3931 😂
good explanation
love you sir
love u dal
İt would be great if you make problem solutions, you are great by the way👏👏
my teacher suggested to watch you. Now I see how she has soo many 7 students
u da man!
Thank You! VeRY ePic
0:00 to 14:35 is the best
LEGEND
Hero
legend
A goat
if im doing my A level next summer, is this the right spec?
Yh this is the year 1 economics spec so if you're in yr12 right now this is what you should be going over and if your exam board is OCR you're in the right place
goated
Why isn’t a point inside the curve parato efficient because when inside the curve, you can make tablet consumers better off without affecting laptop consumers?
1. Maximum possible production of 2 goods/services with given factors of production.
2. The various combination of 2 goods/services that can be produced.
Wow
Pareto efficiency wouldn't apply if there was an expansion or an outward shift ye?
It would just move along with the curve, Pareto efficiency is anywhere on the current PPF in time.
DAL ARMYYYY
This man is so beautiful
You are a fucking Legend!
Mind your language son
I don't understand it @ 4:15 how are the factors of production favored towards laptops if less are being produced?
hes trying to say that increasing the production of laptops in that part of the curve is more favourable as there will be a larger amount of laptops produced with a lower amount of tablets not being produced (so basically, less oppurtunity cost).
lol my guy
Is this fine for edexcel
I think so but I'm not sure
is it possible for the PPF curve to be inverted?
Yes absolutely Matti - an inverted PPF represents decreasing opportunity cost of production
Is the curve ever convex?
yes, when there is decreasing opportunity costs
@@yudichauhan890 yes but in any real world scenarios?
@@samuelcampion6120 yes
Can it be in 3 goods??
Thanks 🙏
This is the modern Adam Smith or David Ricardo.
man sounds like rishi sunak
No he doesn’t.
You're cute. Thank you for your knowledge and wisdom.
what is Q2 CELL?
Q^2Cell represents Quality & quantity of each factor of production. It's a good way to remember how a PPF can shift.
In which circumstances the PPF curve will be inverted???
Do you mean bowed in? I think decreasing opportunity cost
7:31
4:17
why is it that when they "move to specialistion in tablets, it means their factors of production are more suitable to laptop production", it doesnt make sense?
me too
he means in this specific example. you can see that when the tablet production increases the laptop production is dropping off massively but when the laptop production increases the tablets only drop off in smaller amounts meaning with the tools they have they are more suited to producing laptops at a higher rate as tablets are also being produced at a high rate in comparison.
75-60=16
Dal ? ua-cam.com/video/93rN5dklH4c/v-deo.html
no thats not him lol