Hi, I have a dobt in this video. On 8:35, you drew another supply curve to show increase in the supply of cars, but, didn't make another demand curve. Is this because the scenario given does not affect the demand??
I have a question. On 8:35, why was price involved. Why did u have to show the equilibrium. Couldn't u just have done a shift to right in supply curve alone (without price)?
No because when your supply curve will shift, there will be a new price as well, because if cost of production becomes cheaper then not only will the supply increase but the market price of cars will also fall (because now they can price cars at a lower price while still keeping the same lvl of profits). So you will have to draw this change in your diagram as well.
I swear these online teachers are saviors!!
true💯💯💯
its 4 am rn and my exam starts at 8. helps revise just before the exam
ur official igcse economics exam ? how did it go bro
@@abrarshariar942i think it’s mocks for him, me too😢
@@abrarshariar942or it could be a different timezone
@@abrarshariar942or it could be a different timezone
haha noobs its my exam at 8 am and im here studying at 7 20 ;--; study hard kids study hard dont be like me
Literally... Thanks a lotttt!
Who else is here before a test tmr
i'm here 5 hours before a test
O level tomorrow
Mee
@@Ibrahim_Chy same dawgg goodluck to u
N
i love this video but what about cost curves and inflation and stuff?
would love it if you could make a video on that as well
yes same
Thanks a lot for this explanations.i understood everything and i really appreciate it
this man is amazing
Tysm!!this was really helpful♡
Thank you enormously!
amazing explanation👍🤩
thank you sooo much!! this will reallllyy help meee :) also, do 6 mark questions always require diagrams?
yes if the question states that you have to draw, then it carries around 4 marks
no not always only draw a diagram if the questions says draw a diagram and 2 marks for the explaination of your graph
8:38
Hi, I have a dobt in this video. On 8:35, you drew another supply curve to show increase in the supply of cars, but, didn't make another demand curve. Is this because the scenario given does not affect the demand??
yeah
@@cubingandgaming6158 thxx
Another name for PPC is PPF, sometimes the paper does not say PPC it may say PPF. I hope this helps some1. ^-^
thank you sm! earned a sub :)
you are a legend i love you so much.
Glad it helped!
yo mocks next week, thanks for this
I have a question. On 8:35, why was price involved. Why did u have to show the equilibrium. Couldn't u just have done a shift to right in supply curve alone (without price)?
No because when your supply curve will shift, there will be a new price as well, because if cost of production becomes cheaper then not only will the supply increase but the market price of cars will also fall (because now they can price cars at a lower price while still keeping the same lvl of profits). So you will have to draw this change in your diagram as well.
Did you use the Cambridge IGCSE Economics textbook as a reference for this video?
plz post for AS economics as well
can we get an updated version of this video specifically I need year 2025
im pretty sure the content is always the same
you shud have added appreciation and depriciation of currency graph
@igcseonline what about the cost curves
You need to know the calculations mainly for those curves,the drawings are rarely tested
Please make a video on that too
is this valid for 2024 exams as well?
Is this for paper 1 as well?
yes applies to any paper
Are these applicable to O’ Level gcse?
Yes most of it applies to
Yes most of it applies but not all curves are actually there
Thank you so much!
Glad it helped!
Is there the labour curve for 2023?!?!? Cuz ig its not in the syllabus..
I never learnt about it so I don't think so
aggregate demand & supply curve?
hi can you do economics chapters from Edexcel plsss it will be very helpful...
love u
bro I love you.
Hey, are there any other diagrams? Just want to make sure i am not missing something.
The cost curves were not mentioned in this video
@@igcseonline oh ok. Thanks a lot!
paper 1 this moring ayyyy
Can you please give drawing solution for May 2012 Q 1
Anyone doing econ mj 24? tap in
i have my mock exam tmr am so cooked bro
G
X
exam in 6 hours
Exam in 4years