Introduction to Production Introduction (Average Product, Marginal Product, Total Product)
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- Опубліковано 1 жов 2024
- Visual explanation of Production Theory, Total Product, Average Product, and Marginal Product of Labor used in economics classes. This is the first of three videos on the play list.
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Great Video!
- Easy to understand examples
- slow enough to comprehend material / fast enough to not drag out
- GOOD VOICE (So many videos use robotic voices)
Thank you for helping with my homework! This was much easier to understand vs. my textbook!
Ashley West Nice to hear my videos are helpful and better than textbooks. If you get a chance like on FB (www.FaceBook.Com/PartyMoreStudyLess), share, like the videos, and subscribe. It helps others find the videos.
Agreed, he is really good! Better than my teacher to a certain degree
why does rational producer not operate in 1st stage ?can you please explain with examples
No worker/labour = 0 output produced
This has made my life so much easier. I am an A2 student who found economics quite difficult but your tutorials have made it so much fun for me to go through. Thanks a lot.
Thanks! Appreciate the feedback. I noticed you were in Botswana (I am in Kansas City, USA). I am curious to know the school you attend there.
Make sure you like MyBookSucks on FaceBook. You can find the link in the video description.
Best Regards
Did you have a candy in your mouth while recording?
BTW your video is awesome!
Marginal Product is the slope of the total product curve. This means the slope of the total product curve is less than the average at that point. Another way to think about it is, the rate of change of the total product is less than the average product.
Each additional unit of labor contributes to total product, but less than all other labor contributed.
i need version in french plzzzzzzzzz help me
i need version in french plzzzzzzzzz help me
Thank you for such kind words!
Thank you!!!!!! It's AMAAZING that you explain in 8:48 what my teacher takes like 4 hours (2days) in explaining.. and in a better and understandable way! :D
Wow, never seen anyone explain with such patience and clarity.
Nice to be loved! Make sure you like MyBookSucks on Facebook and help me spread the love. (see the link in the video description).
thank you for the information but adding too many pauses made me sleep
thanks for the compliment. Make sure you like MyBookSucks on Facebook (see link in video description) because it helps get the word out about the free videos.
You are very welcome! Make sure you like MyBookSucks on FaceBook (see link in video description). This will help others find the educational videos.
Good luck in your studies. I imagine the weather in Canada is much different than in Botswana. Again, appreciate the feedback.
Tell your friends and help me spread the word.
This video has greatly helped me . Thank you
@xDizzyCheese Happy the vids helped. And yes, please use my vids in your notes, on your exam and share them with your classmates too.
Wow! Thanks for great feedback it is much appreciated. Make sure you tell your classmates and your friends about MyBookSucks and like us on Facebook too (link in the description of video).
Thanks again.
Many thanks for the feedback!
This is amazing and amazing again! Keep up the great work!
Cool video. As an MBA student I was hoping for examples to explicate the concepts in the real world.
is it okay to draw the highest max point of TP to be straight line instead of curve? because its said to not have a change in MP which is 0.
Thank you very. By adding the the gradient and the stages it clicked.🤩
Mr how to know the relationship between the signs of the marginal product of two factors (labor and the
other factor that is fixed) please I really need the answer before the exam :(
I uses a variety of different tools to create the videos.
very helpful. thanks
i wish that i have more self belief and courage 7 years ago..to trust myself more to believe and not be handicapped by fears and outside perceptions...now i can see things in correct perspective
How to draw this picture as like u
the ending PARTY MORE STUDY LESS lollll
Life saver....I mean thanks a lot...even as a stranger you have helped me out.
issuing a thanks on behalf on all students struggling with microeconomics and who then understand the ideas a little better through accessing your videos
Thanksgiving coz I have an assignment ......you help me much............
thanks for the video and the great explanation was very helpful
happy to help you and I hope you did well on your exam.
What software do you use to make these videos. They are very well done.
can u make a video on how to identify technologically and economicaly efficient
Excellent explanation, do you recommend any text books which cover this topic?
you saved my midterm,i hope that you will save my final exam too :D
THANK YOU SO MUCH!!! You're great!
thank you ; really all your videos are so helpful , these videos are simple enough to understand every thing ...thank you again
wow best video
I'm completely in love with your teaching! Hope my teachers take some efforts to make economics interesting...
i need a version in french plz . help me 😭😭😭😭😭
the video was so helpful ...thanks :))))))
still relevant in 2020
Thanks a billion for the video.
If there are teachers like you economics will really become fun. :D
very easy to understand and very good to watch.
Thanks!
Hey David!
U r d best... Ur teaching is mind blowing.... It's AWESOME.... And I think 'THANK' is not d word, bt anyways thanks a whole lot.... And the best thng I lyk in u is ' U r so interesting ' and it's FUN 2 watch yo vedios.... Love u!
Awesome explanation i wish u wud have been my teacher. Kudos
these person is breliently explain all topics
Thank you! Really really simple and easily put. You, sir, did a great job!
Great examples
Thanks a lottttt
simple to understand. thank u
well explained lecture thank you
Thank you 😁
So great!
Excellent
like
thank you for the easy explanation!
TQ sir, its so helpful !!
What program do you use?
nice explaination
saved my life, thanks :)
The BEST!
Great job
you hero
cool!!!
good
EXCELLENT
Wow
Great video
Great video. Thank you!
Julio Hernandez-Duran You are very welcome.
Julio Hernandez-Duran Oh Julio, if you get a chance please like our FaceBook page (www.FaceBook.Com/PartyMoreStudyLess)