Scarcity, Trade-offs, and Cost/Benefit Analysis

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  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 133

  • @hmmhmm6802
    @hmmhmm6802 3 роки тому +167

    posted : 2 minutes ago
    video length : 6+ minutes
    and you already have 1 dislike... those flat earthers are really mad at you

    • @CBJay-hw3jk
      @CBJay-hw3jk 3 роки тому +1

      maybe somebody wached the video on 3 times speed?

    • @tagtag123
      @tagtag123 3 роки тому

      @@CBJay-hw3jk HOW

    • @gluonic
      @gluonic 3 роки тому +1

      @@tagtag123 downloading the video and making it 3x faster in a video editor then watching it instead of the 2x speed option in the youtube video settings

    • @RobertoLion
      @RobertoLion 3 роки тому

      @@gluonic Also there's an extension for browsers called: "Video Speed Controller" that makes the keyboard key "d" make the video faster and "s" (for Slower) makes it slower...

    • @gluonic
      @gluonic 3 роки тому

      @@RobertoLion download the video, put it in the editor, edit it, upload it on youtube, and then the extension, press D to make the video fast, and then 2x speed.

  • @sya_7489
    @sya_7489 3 місяці тому +3

    From chemistry to math, to physics and also economics, all of which are put on a playlist and is even sorted top to bottom according to when the target demographic needing it (i.e students, from elementary to high school and even college) like he literally put this to suit most school's curriculum (which i dont think enough of us appreciate) and he make the videos to be as easy to understand as possible, differing from how most teacher did it (or at least the ones i got) and have each video explain the concept in bite-sized portions, making it really easy to watch, listen and take note. I would absolutely watch hours of dave's video than to sit through an hour of a class lesson. And most importantly of all, it is not boring at all! Theres some jokes here and there and everything is explained in visual, audio and text format so that it suits the learning style of almost all student, from the most attention deficit knuckle heads to bookworm nerds to regular students having problems with not understanding certain subjects. It is the *perfect* educational content and i wish school starts making their own educational content copying how dave did it or just hire people like dave to make said content for them

  • @asylumskp4391
    @asylumskp4391 3 роки тому +123

    I am legitimately pissed I cannot give this man any money for the amount of knowledge he has provided to me

    • @Vicariun
      @Vicariun 3 роки тому +16

      you can subscribe to his patreon, which helps him get a steady income for producing this content
      not sure if you can thank him any other way

    • @asylumskp4391
      @asylumskp4391 3 роки тому +8

      @@Vicariun I subscribed to him but I can't pay him anything. I'm only a teen.

    • @Vicariun
      @Vicariun 3 роки тому +9

      @@asylumskp4391 ahh figures, I thought that may be the case after I sent the response
      good learning then! he's great

    • @deathnote4171
      @deathnote4171 3 роки тому +4

      @@asylumskp4391 tell your father or mother to pay or You can pay him in the future

    • @asylumskp4391
      @asylumskp4391 3 роки тому +7

      @@deathnote4171 I doubt my parents will agree to pay someone on the Internet. I plan on doing it in the future, hopefully.

  • @slurky3992
    @slurky3992 3 роки тому +18

    Damn professor Dave just threw hella shade at the U.S. govt. for high military spending. So poggers!

  • @giulianozanellato8247
    @giulianozanellato8247 3 роки тому +9

    I am currently a couple of semesters away from getting a degree in economics, and I highly enjoyed listening to you explaining these concepts. Your clarity when teaching is amazing. Im glad I found your channel. Cheers!

  • @glaciatedluxray2849
    @glaciatedluxray2849 3 роки тому +117

    Thank you Chemistry Jesus

    • @THIS---GUY
      @THIS---GUY 3 роки тому +2

      Jesus of Debunk

    • @SwampyPanda3
      @SwampyPanda3 2 роки тому

      *almighty /jk

    • @jackominakhamis
      @jackominakhamis Рік тому +1

      Words

    • @ForPubg-g6g
      @ForPubg-g6g 8 місяців тому +3

      Please stop calling God's name in vain

    • @Jaypeapolaris
      @Jaypeapolaris 27 днів тому

      ​@@ForPubg-g6gis bro speed running for getting featured on r/religioufruitcake

  • @justarandomperson9374
    @justarandomperson9374 3 роки тому +19

    You perfectly know the moment when you’re about to make a birdhouse, but then Dave's video comes out, so you’re like «Ahhh, not today my dear birds, not today(((«

    • @arisoda
      @arisoda 3 роки тому

      Ok française

  • @Ishtarocha
    @Ishtarocha 3 роки тому +3

    Most of it can be seen as intuitive rational thinking applied to resources management. Very helpful see it all gathered like that... looks like a puzzle.

  • @theunheardprophet4315
    @theunheardprophet4315 3 роки тому +7

    I was unsure if I should go shower or go to bed and shower tomorrow morning because I'm tired but I know that I'm going to sleep too long and be late for work if I shower tomorrow morning. Now I'm procrastinating by watching this.

  • @vichtenchoo5956
    @vichtenchoo5956 2 місяці тому

    1:35 I'm at work, I'm only watching this because I see you as a personal teacher.

  • @LucasPereiradaSilva
    @LucasPereiradaSilva 3 роки тому +4

    Very valuable content, not just the physics stuff that I already love too!

  • @spiderworld384
    @spiderworld384 3 роки тому +1

    This guy knows things

  • @birthsonbluebell3654
    @birthsonbluebell3654 3 роки тому +1

    Another example would be in the endgame of a game of Chess, where you could either sacrifice your queen to get rid of their last non-king piece (maybe a rook).
    The opportunity cost for sacrificing that queen for their rook is the 4 points you lost in doing so.
    The opportunity cost for not doing that is your opponent still being able to win the game, given you play bad enough.

  • @Phoenix-np1iu
    @Phoenix-np1iu 3 місяці тому

    i understand more from a 6 minute video than from several one hour long class sessions

  • @humanbeing1429
    @humanbeing1429 3 роки тому +2

    Wow now I know why I stay up late on UA-cam because I value ideas and new knowledge more than sleep. I swear I skip sleep twice a week. Sometimes even 3 nights alternatively.

    • @AA-gl1dr
      @AA-gl1dr 3 роки тому +1

      That catches up to you eventually.

    • @Arcana_XVIII
      @Arcana_XVIII 3 роки тому +2

      That's a really bad idea.

  • @kevinmoore2501
    @kevinmoore2501 3 роки тому +1

    Thank you for this vid, Dave. Liked.

  • @db3536
    @db3536 3 роки тому +3

    Good video thanks prof dave

  • @TheFacial83
    @TheFacial83 3 роки тому +1

    Good 😊🤠

  • @Brain-Derrick
    @Brain-Derrick Місяць тому

    Thanks 😊 Prof.

  • @SpiritRed
    @SpiritRed 5 місяців тому

    Thank you, David.

  • @alexalbuquerquerodriguesal108
    @alexalbuquerquerodriguesal108 3 роки тому +2

    2:09 I see what you did there Dave and I liked

  • @elizdonovan5650
    @elizdonovan5650 3 роки тому +1

    Hi Professor Dave. Did you mean to have 2 of these videos on a private setting?
    Thank you.
    🌲🌝☘️

  • @PulzRemix-v1f
    @PulzRemix-v1f Рік тому

    Very Good Video

  • @scohspot
    @scohspot 3 роки тому +2

    Good video professor Dave. I’m looking forward to more when/if they come out.

  • @glennpearson9348
    @glennpearson9348 3 роки тому +5

    Nice ECON 101, Professor Dave. Love the placement of the quadratic equation. Now that you've covered CBA and Opportunity Cost in the context of individual decision-making, do you plan to cover BATNA for collective or multi-party decision-making? This is a fun series!

  • @AG-lm5uf
    @AG-lm5uf 3 роки тому +1

    Can you do a video debunking the qanon conspiracy?

  • @PrasathMGM
    @PrasathMGM 5 місяців тому

    This is awesome

  • @AFIDD21
    @AFIDD21 3 роки тому

    What is the trade off with regards to the sleep to 2 million subscriber work effort ? Keep up the great work !

  • @thisisisabella3634
    @thisisisabella3634 3 роки тому +2

    Conservative rebuttal:
    Greed good, Poor people bad.

    • @RamAurelius
      @RamAurelius 3 роки тому

      I'm guessing you've never actually spoken to an actual "conservative" in your life before lol. And your comment seems to insinuate that the majority of wealthy people are conservative or vice versa, which is demonstrably untrue. But what good is life if you can't spend it with vitriolic hatred towards invisible strawmen you've created in your own mind, right?

    • @thisisisabella3634
      @thisisisabella3634 3 роки тому

      @@RamAurelius I've been a conservative so you can't bullshit me.

  • @aryanbhosale9254
    @aryanbhosale9254 3 роки тому +1

    Prof Dave has a new hair cut

  • @lorddonk9806
    @lorddonk9806 3 роки тому +3

    Professor Dave, have you ever considered doing the political compass test and putting it on YT?

  • @heh3135
    @heh3135 3 роки тому

    Well, I could study for tomorrow's Electronics final or watch this video. Easy choice

  • @Korn_Flaek
    @Korn_Flaek 3 роки тому +1

    is it possible for you to create a playlist of all ur flat earth debunking videos so i can binge them?

  • @whatsgoingondude1673
    @whatsgoingondude1673 3 роки тому +1

    Hello, sir! I'm new to the channel, and I have one question: are you really a professor, or this is just your UA-cam nickname?

    • @chaseeyy
      @chaseeyy 3 роки тому +1

      He has a series of him answering FAQs of his audience. To answer your question, he is not a professor but he graduated with a degree in organic chemistry (I am not sure with this one tho).

  • @JohnGisMe
    @JohnGisMe 3 роки тому

    What about free things, like the gift of living forever?

  • @sujanpuri4465
    @sujanpuri4465 3 роки тому

    How to find in which playlist this video is?

  • @ayos836
    @ayos836 Рік тому

    Thank you

  • @chetannanaware1665
    @chetannanaware1665 2 роки тому

    Hi,
    Do you have any PowerPoint Presentation Tutorial? I liked your PowerPoint- please share the Tips and tricks
    Thanks

  • @prammar1951
    @prammar1951 3 роки тому

    Thanks 😊.

  • @gurditrehal3348
    @gurditrehal3348 2 роки тому

    1:36
    "... or sleeping"

  • @prabut.a5141
    @prabut.a5141 2 роки тому

    Thanks a lot...

  • @luizfeliperodriguessantana5842
    @luizfeliperodriguessantana5842 3 роки тому

    This is gold! Thanks

  • @oleggeraschenko4932
    @oleggeraschenko4932 2 роки тому

    if you choose to study for 3 hours and sleep 5 hours before the test, the opportunity cost is clarity of mind. Sleep deprivation brings you to a drunk-like state, you can do something really stupid and potentially life-threatening because of it. That extra hour of not sleeping WON'T be productive learning. DO NOT deprive yourself of sleep - it's dangerous for your LIFE

  • @rufusapplebee1428
    @rufusapplebee1428 3 роки тому

    If the reward is below the sustainance no one is going to do anything.

  • @subhashreepanda3076
    @subhashreepanda3076 Рік тому

    What are the trade offs for call centre optimization???
    We group of 4 ppl need to do a project in spreadsheet modelling, in that we need to do tradeoff analysis….
    Any kind of help much appreciated.
    Thanks

  • @hrabia
    @hrabia 2 роки тому

    "You know what men need? Food, sex, silence! Feed me, fuck me, shut the fuck up!"

  • @Anuj-2
    @Anuj-2 3 роки тому +2

    Not last

  • @TheBuslaefff
    @TheBuslaefff 2 місяці тому

    Sorry for a weird question, but could this theory be falsified?

  • @harrybaker9044
    @harrybaker9044 3 роки тому +1

    Hi Dave

  • @Robert-dt4is
    @Robert-dt4is 9 місяців тому

    35 thousand choices? Wow.

  • @marcdevries4470
    @marcdevries4470 2 роки тому +1

    are you sponsored by netflix?:P

  • @qwerteria
    @qwerteria 3 роки тому +2

    sleep doesnt work the way you described sadly. sleep is chaos being awake is a drag

  • @ryanzeng890
    @ryanzeng890 3 роки тому

    "We make 35,000 choices per day". That's striking :). Wondering are there principles to decide which those should apply "Cost/Benefit Analysis"? Thanks for the great tutorial!

  • @SigmaElement
    @SigmaElement 3 роки тому

    So.. whats the beneficial cost of rounding the flat earth?

  • @archivist17
    @archivist17 3 роки тому +1

    When do we get on to Surplus Value of Labour? It's pretty fundamental, too.

  • @kash6584
    @kash6584 3 роки тому +8

    thank you youtube jesus

  • @patricksarama4963
    @patricksarama4963 3 роки тому +1

    I’m not even interested in economics but I’m watching this anyway because I love economy Jesus 💕

  • @3bdalra7man_32
    @3bdalra7man_32 3 роки тому +1

    why did he stop showing his face ?

  • @gianlucarocca1511
    @gianlucarocca1511 3 роки тому +1

    Daveee

  • @jakenelson568
    @jakenelson568 3 роки тому +1

    2:00 America in a nutshell

  • @trickyepithet9122
    @trickyepithet9122 3 роки тому +2

    first!

  • @King.kai.24
    @King.kai.24 3 роки тому +4

    Thank u scarcity Jesus

  • @Jopie65
    @Jopie65 3 роки тому

    Hmmm.. Although this is a good video, I could probably have done much better things with the time I watched it. But considering what is best to do next also has a cost. 🤔

  • @clover4958
    @clover4958 3 роки тому

    is dave sponsored by netflix???

  • @enescevik1137
    @enescevik1137 2 роки тому

    saclari kesince adama benzemisin dayi

  • @YellowFireIpad
    @YellowFireIpad 3 роки тому

    me watching this video over netflix planning to build birdhouses, rollerskate, play games, and go fishing: excuse me what the *f*ck*

  • @justanotherdayinthelife9841
    @justanotherdayinthelife9841 3 роки тому +4

    Tragedy of the Commons

  • @viperplays4744
    @viperplays4744 2 роки тому

    ah yes, IS.

  • @tln_greks2896
    @tln_greks2896 3 роки тому +5

    The earth is flat

    • @eweseloh
      @eweseloh 3 роки тому

      fIat?

    • @tln_greks2896
      @tln_greks2896 3 роки тому

      @@eweseloh I am just saying to get attention😂of course the earth is round.

    • @death5154
      @death5154 3 роки тому +2

      @@tln_greks2896 unfunny

    • @tln_greks2896
      @tln_greks2896 3 роки тому

      @@death5154 it was a joke

    • @asylumskp4391
      @asylumskp4391 3 роки тому

      Woah it's Sans Undertale

  • @jogimarbun5924
    @jogimarbun5924 3 роки тому

    I think he is tired hahhaha, getting make more contents but not the happiness, this is the trade-off

  • @MsBukke
    @MsBukke 3 роки тому +1

    1:30 jokes on you I'm doing both at the same time

  • @khashayarbiglari2208
    @khashayarbiglari2208 2 роки тому

    i dont fe

  • @infinitemonkey917
    @infinitemonkey917 3 роки тому +1

    Making a bird house is a close second imo.

  • @deadchannel5933
    @deadchannel5933 3 роки тому +1

    Plss I want the older intro music

  • @chaossspy6723
    @chaossspy6723 3 роки тому +3

    :D

  • @hunter_69_69
    @hunter_69_69 3 роки тому +2

    Philosophical question: If not for the 2nd law of thermodynamics, would everything then be re-usable? I would think yes. I don't think economics would be a field of study if the 2nd law of thermodynamics didn't exist.

  • @Sscstudy649
    @Sscstudy649 3 роки тому +2

    Came here with the speed of light(c)

  • @silver_tongue9644
    @silver_tongue9644 3 роки тому +1

    U made that racist black guy look so stupid
    It would be so cool if u debated Ben shepearo or other transphobs and give them a good dose of science bc atm they think science is on their side haha
    And u the entire trans community would love u forever 😂

    • @chrstfer2452
      @chrstfer2452 3 роки тому +1

      Lol that'd be awesome, and it'd be nice to give shapiro an example of what actually owning someone with facts and logic is like, rather than bullying with a quick tongue and then calling it facts and logic. I'd say drink a shot every time Ben makes an appeal to authority emotion or named fallacy, but that'd kill people.