Short-Run Costs (Part 1)- Micro Topic 3.2

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  • Опубліковано 1 лют 2025

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  • @ahlulhadith6367
    @ahlulhadith6367 8 років тому +916

    You taught me more about "cost of production" in a 5 minute video than my microeconomics professor taught me in 2 weeks. Thanks for explaining so well.

    • @bananaslippers9
      @bananaslippers9 8 років тому +8

      same! i am 'supposedly' also learning from someone teaching this subject with a doctorate, but I find it so hard to learn anything from him! My Clifford saved my grade!

    • @ahlulhadith6367
      @ahlulhadith6367 8 років тому +6

      Julie Nguyen yeah, I realized that not everyone can be a professor or teacher. Even if their experts.

    • @laraibjavaid9556
      @laraibjavaid9556 5 років тому +4

      Well u weren't attentive that time

    • @hormeanleaph2166
      @hormeanleaph2166 4 роки тому

      The same apply to me,la ^^

    • @SilverChaser22
      @SilverChaser22 Рік тому

      Same here. In my second week of microeconomics and this video just helped me out big time. Mr. Clifford just earned himself a new subscriber.

  • @nataliebalents8658
    @nataliebalents8658 8 років тому +498

    These videos might seem silly to some people, but as a graduate student who enjoys economics but is still struggling with exams -- these videos are saving my life. You are really making the concepts understandable to me in such a short amount of time. So, a thousand times, thank you.

    • @JacobAClifford
      @JacobAClifford  8 років тому +62

      You are welcome!

    • @SW4LK5L4TT
      @SW4LK5L4TT Рік тому +1

      😊😊😊😊😊😊😊😊😊

    • @ms9ita
      @ms9ita 11 місяців тому +2

      Hi jacob, this is my first video. So far, good experience.

    • @jhawk_1471
      @jhawk_1471 12 днів тому

      Now that you have graduated (hopefully) what are you doing? And do you like it?

  • @TheMusicH2O
    @TheMusicH2O 10 років тому +533

    First of all, Rock on. Second of all, you have just taught me more in 5 minutes than I have learnt this whole semester from my lecturer who has a PHD in microeconomics. I am not blaming my lecturer as maybe it was due to my lack of focus, however you deserve a medal for you work, You are a legend mate. Thank you SO much!!!

    • @tp-ug7jh
      @tp-ug7jh 5 років тому +1

      Sir can you tell press machines costing in briefly.

    • @AAROnline-b4v
      @AAROnline-b4v 4 роки тому +3

      Telling such a simple thing like this for 1 semester is not allowed is it, I learned this from a non PhD economic made parent in 1 hour this is just ridiculous 🤣

    • @SuperMan-uj7dh
      @SuperMan-uj7dh 4 роки тому +3

      @@AAROnline-b4v having a PhD doesn't make you any smarter lol

    • @AAROnline-b4v
      @AAROnline-b4v 4 роки тому +1

      @@SuperMan-uj7dh I did not had any PhD Lmao you are just confused about what I said, sorry if I am bad at english
      Edit: even the simpletons should know this much 🤦

    • @haretztj4682
      @haretztj4682 4 роки тому +1

      As a person who has attention span of a 7 year old, these videos saved my life...

  • @benvh101
    @benvh101 9 років тому +2169

    You have saved more lives than you know..

  • @earth20331
    @earth20331 7 років тому +218

    Not even 10 seconds and I'm already liking this video. I think your energy, man.

    • @great4ever845
      @great4ever845 6 років тому

      what if given just total cost and nothing else?

  • @wrayy10
    @wrayy10 8 років тому +76

    Hey Professor! Just wanted to say that I give your channel an A+, and in particular I appreciate your brevity, clarity, humour, and high energy :) Wishing you the best!

  • @user-eo6bx9zf4k
    @user-eo6bx9zf4k 2 роки тому +11

    You have posted this video 8 years ago and till this day (2022), you are still impacting and educating young students like me. I cannot thank you enough! I literally wish i can pay you back all the effort you put in those videos. THANK YOU JACOB!!!!!

  • @wendymadzhie3878
    @wendymadzhie3878 7 місяців тому +261

    Who’s watching this at midnight and have economics exam tomorrow?😂

  • @Jasuke21
    @Jasuke21 8 років тому +63

    Missed my econ class for a week due to family emergency. Was incredibly worried about the material I was not able to attend lecture for. A friend told me about your videos. Got an A on the test. Thanks so much for your help and explanations! Finance major here that will be using your videos for awhile. Thanks!

    • @alrzgaming1550
      @alrzgaming1550 2 роки тому

      I'm thinking of going into finance what do you do for a living now?

  • @10di_livefree
    @10di_livefree 10 років тому +4

    Wow, I wanted to sleep but after watching for a minute and half. I'm wide awake. Gosh! Now it all makes sense.
    Textbook >>> Complicated, jargon, very tiny words and lost of graph.
    ACDC video >> Simple, simple and so simple.... Yes transferring knowledge should be easy for the receiver to understand.
    Thanks... from T.k in Jamaica.

  • @analiza4398
    @analiza4398 7 років тому +8

    I was having a hard time understanding what I was reading, saw several videos, read several materials (aside from the class text book) and then I found these videos! They totally grabbed my attention, and didn't put me to sleep. So far, I've gotten 100% on both assignments, and that is by only watching the videos, I wasted my money on the school required textbook. Thank you!

  • @janinekoslow9227
    @janinekoslow9227 9 років тому +32

    Mr. Clifford is the Econ Master!! I appreciate your material so much to supplement my Micro-classes. Thanks for being awesome!

  • @dannyholley
    @dannyholley 10 років тому +19

    1,000 times more graspable than my microecon textbook. Well done and thanks!

  • @trlycrlym7768
    @trlycrlym7768 Рік тому +2

    I think what really makes these videos work is how positive he is, it makes me feel less afraid to try

  • @katefrump5377
    @katefrump5377 6 років тому +3

    I have been struggling the past week with this topic. One part is my professor is foreign and hard to understand, but the other is he assumed we understood all of this and went over everything to do with cost curves in one day. Thank you for the video!!!

  • @mikegaj12x
    @mikegaj12x 6 років тому +2

    Wow... I was doing my chapter reading about this topic and I was seriously spending 30 minutes and more to understand this concept. And this topic became clear to me after watching 5 minutes of your video. Seriously, thank you so much for teaching how these connect together! Salute to you good sir!

  • @nguyenkelly6588
    @nguyenkelly6588 9 років тому +3

    I don't know why people didn't appreciate your help! When it comes to quizzes and exams I always use your videos to revise. Thanks alot!

    • @JacobAClifford
      @JacobAClifford  9 років тому +2

      +Nguyen Kelly Thanks for watching Kelly. Please subscribe and tell your friends about the channel

    • @nguyenkelly6588
      @nguyenkelly6588 9 років тому

      (y) definitely

  • @Apeeization
    @Apeeization 7 років тому +1

    I strongly recommend these videos for anyone who is currently doing Microeconomics. They are very brief and yet extremely clear and insightful.

  • @XXX-nz7xd
    @XXX-nz7xd 9 років тому +8

    I'm from germany and I use your videos to prepare for finals. They are aboslutely amazing, thank you SO MUCH! :)

  • @joasante1672
    @joasante1672 3 роки тому +2

    Honestly, I am feeling somewhat relieved watching this. My MBA lecture notes is making nay sense.

  • @brettstefanishin574
    @brettstefanishin574 9 років тому +11

    If you were my prof I would have a 4.0. You have a masterful way of getting me engaged and excited about learning economics! Keep up the good work :)

  • @AGTxCraziex
    @AGTxCraziex 8 років тому +1

    Sir you are a life saver. I"m an online student so I don't have the blessing of being able to walk up and talk to a teacher like at a brick and mortar school. I was struggling for days with an assignment because I just wasn't understanding the text. After watching your video I have a clear understanding and realize this really isn't such a hard thing to do. Thanks so much!!

  • @amihov
    @amihov 9 років тому +6

    You are a lifesaver, Mr. Clifford! I have a failed midterm on my hand but I have a good feeling that I'll master the final with the way you teach. SUBSCRIBED!

  • @karlotinatinatina
    @karlotinatinatina 9 років тому

    I cannot believe how microeconomics can actaually be pretty easy to understand with the right unstructor and the right visuals...
    As many can relate, I have learned more from you in this 5 min video than I have this whole month of school! THANK YOU SO MUCH!

  • @bradleypetrie3233
    @bradleypetrie3233 10 років тому +244

    The kid on the far right starred into my soul

    • @TheSkyWhale
      @TheSkyWhale 10 років тому +23

      I'm glad someone else noticed it too

    • @MunasheMatemadanda
      @MunasheMatemadanda 9 років тому +5

      Bradley Petrie at 0:20 whats the deal with that kid.............................scared of him

    • @therealmissglamBAM
      @therealmissglamBAM 7 років тому +1

      holy crap had to watch it again to find that, how did i miss it

    • @ktrnaman
      @ktrnaman 6 років тому

      exactly what I wanted to mention. :D

    • @rovercoupe7104
      @rovercoupe7104 Рік тому

      He’s in twice.

  • @eliasdearte1804
    @eliasdearte1804 7 місяців тому

    I'm glad I found your account. Crazy how so many years down the road these videos have proved to be extremely helpful still! You're awesome and make understanding concepts exceptionally easy. Going in to take my micro CLEP exam in a few days having primarily used your videos (along with modern states) as study material. Thank you so much!!

  • @sp___183
    @sp___183 7 років тому +2

    Thank You AC/DC Econ ....Learning economics without your videos is frightening

  • @jsels777
    @jsels777 6 років тому

    I have not taken a micro class in my life, but I take the AP exam for it in 2 weeks and I'm cramming for it using these videos. With videos like these, it doesn't seem so hard to understand. Thank you.

  • @broosterbrooster
    @broosterbrooster 9 років тому +11

    This video taught me more about cost curves than 10 pages in my text book and 10 min uni lecture video. Life saver for my exam.

  • @danielsloan20
    @danielsloan20 10 років тому +1

    Brilliant tutor your energy keeps my attention alone. Much better than sitting in a lecture.

  • @jameslewis7167
    @jameslewis7167 5 років тому +184

    Anyone notice that dude in the back right who kept a straight face the entire time

  • @JambeeEnglishSchool
    @JambeeEnglishSchool 7 років тому +1

    Omg, I’ve read this chapter 4 times in the last hour and didn’t get a thing. You explained it so well it all makes sense. Thank you! You deserve the Medal of Honor for saving my life and many others I’m sure.

  • @JerredRogero
    @JerredRogero 8 років тому +103

    Why isn't this dude teaching at my university?

    • @paulh965
      @paulh965 8 років тому +27

      Jerred Rogero Because everyone will get A's and educational system don't want that to happen. Fucking stupid

    • @josh-z9u
      @josh-z9u 4 роки тому

      I am a guy from the Philippines who loves to learn economics and boy I will pay this guy if I am a college dean of economics or business school or arts and science college.

  • @yagmurunal99
    @yagmurunal99 6 років тому

    it has been 4 years but your energy never gets old. coming from the future and i want to say that you're doing an amazing job even in future.

  • @PHOEBEE69
    @PHOEBEE69 7 років тому +3

    I seriously hope you're making a ton of cash from UA-cam because you sir, are truly amazing.

  • @jakecaskey7641
    @jakecaskey7641 10 років тому

    Learned more in 5 minutes than in 5 months of AP Micro. Most productive I have ever been on youtube! Thanks!!!!!!!

  • @kabelomatlou6718
    @kabelomatlou6718 2 роки тому +3

    8 years later and still relevant, thank you for explaining

  • @elliscampbell43
    @elliscampbell43 2 роки тому +1

    You sir… need a very big pay raise. Bless you🙏

  • @jaberooney9398
    @jaberooney9398 8 років тому +72

    The one dude in the back with a black t-shirt's reaction to the celebration tho.

  • @Wesley-xn2dl
    @Wesley-xn2dl 5 років тому +1

    Lecturer spent like 2 hours on explaining this but non of it went into my head... but you are a god you made it seem easy and it turns out to be easy

  • @Madshank
    @Madshank 10 років тому +4

    the best contemporary economics guru..

  • @jacquelineannemortlock7134
    @jacquelineannemortlock7134 9 років тому

    I cant believe I've just found this resource 1.5 weeks before my 1st year final Economics exam! I might actually be looking forward to writing now! Life saver..

  • @devtech1000
    @devtech1000 7 років тому +22

    Drinking game: Take a sip every time he says cost.

  • @LifeIsSuperCool
    @LifeIsSuperCool 6 років тому +1

    in 5 mins, I've understood more than 8 hours worth of in-class content. Thank you!

  • @Jonnette17
    @Jonnette17 9 років тому +10

    You may have just saved me for my micro final! Thank you!!

  • @mm3111_3
    @mm3111_3 7 років тому

    dude u rock seriously you have no idea how much I love your videos, it literally saves my live and plus, it makes me enjoy economics soooo much, thank you thank you thank you
    I'm just gonna comment in all your videos sorry but u deserve it

  • @PolkaDot8721
    @PolkaDot8721 9 років тому +5

    reviewing your videos for econ101, enjoying them so much so far! thanks :)

  • @It_B3_Like_That
    @It_B3_Like_That 5 років тому +1

    You really are amazing at teaching this complicated subject. My professors for Microeconomics is terrible at explaining and implementing examples. I've learned more from you in these several minute videos, than from here after weeks of class multiple times a week.

  • @goldenskal
    @goldenskal 9 років тому +11

    God bless you, I'm so happy you were born.

  • @SkyRoulett
    @SkyRoulett 8 років тому

    Damn that guy is a genius ! He can teach me in 5min watch my econ teacher can't in 120 !!! Love it, great gain of time ! Lots of EHL students use that channel, you are helping lots of future hospitality leaders ^^

  • @samuelkeslassy
    @samuelkeslassy 9 років тому +51

    Spend the rest of my life with me Mr. Clifford.

    • @JacobAClifford
      @JacobAClifford  9 років тому +96

      +Samuel J. Keslassy I'm married, but I'll keep you in mind just in case

    • @samuelkeslassy
      @samuelkeslassy 9 років тому +6

      +ACDCLeadership

    • @aishamaeancheta3049
      @aishamaeancheta3049 4 роки тому

      @@JacobAClifford How will fixed costs affect your profitability in your enterprise?

    • @miriamminnesota1294
      @miriamminnesota1294 3 роки тому

      @@JacobAClifford 😳😂😂

  • @nkosibaptiste
    @nkosibaptiste 6 років тому +2

    Dude you are like the Messiah of Economics. Thank you so much. I appreciate these videos so much.

  • @JofaBucket
    @JofaBucket 9 років тому +4

    Thank you Mr. Clifford.. absolute life saver

    • @JacobAClifford
      @JacobAClifford  9 років тому +1

      +JofaBucket You are very welcome. Are you excited about cost curves now?

  • @kingpappano3550
    @kingpappano3550 9 років тому

    I love you so much. I am currently taking a college level microeconomics course and the instructor is brutally over-complicating this topic. Thanks for providing the clarity, and keep up the good work!

  • @bettyagajyelleh8043
    @bettyagajyelleh8043 5 років тому +12

    0:17 dude in the far back left just standing there has me dead

  • @BhargavRentala
    @BhargavRentala 6 років тому

    5 years later and every econ teacher still puts ac dc econ in class! You changed the world

  • @juneyang1671
    @juneyang1671 7 років тому +4

    Thank u, u saved me from not knowing anything for my econs exam next week😂

  • @amandalouise2660
    @amandalouise2660 4 роки тому

    THANK YOU SO MUCH FOR HELPING ME WITH MY LAST TEST! Literally saved my life and you teach better than my teacher.

  • @craigoliver7330
    @craigoliver7330 9 років тому +4

    I like this. You are a great teacher. Thank you.

    • @JacobAClifford
      @JacobAClifford  9 років тому

      +Craig Oliver Thanks Craig. Please subscribe.

    • @craigoliver7330
      @craigoliver7330 9 років тому +2

      I don't believe in subscriptions, but I will recommend you to friends

    • @alexmaschino3400
      @alexmaschino3400 9 років тому +1

      +Craig Oliver Well try to believe in them, because they're there

    • @craigoliver7330
      @craigoliver7330 9 років тому +1

      Oh don't get me wrong, I obviously know they exist. However I don't believe in the idea of "subscribing" to a youtube page. For the videos that I appreciate and enjoy, I leave a like and a comment, however I, by no means, will sell my soul to them in the form of a subscription. No way Jose.

    • @craigoliver7330
      @craigoliver7330 9 років тому +1

      That's the point Jordan. When I want to see Micro/Macro videos, I will search for them. I don't want them appearing on my main feed. I don't subscribe to anyone, therefore my home page is organic and forever changing with the pulse of my interests.

  • @lebomhlanga261
    @lebomhlanga261 4 роки тому

    Thank GOD for this guy. You are a gift. You save many lives. Mostly thank you for making all the videos and taking your time to make them.

    • @streamcommerce1999
      @streamcommerce1999 4 роки тому

      I also upload videos on Costing with Theories and Illustrations for students in English. Hope it will help you ❤️😊👍🙏
      ua-cam.com/channels/zocU0DNOb8nu3NZxBQjdzg.html

  • @safvixix3214
    @safvixix3214 9 років тому +3

    Talk about taking a quick revision. Bravo!

  • @oliwiaweronika8054
    @oliwiaweronika8054 11 місяців тому

    Your videos helped me a lot to pass CIMA b1, now im preparing for the second one. Thank You for the great job You are doing, I wish I had the teachers like You in high school/university.

  • @kristinpartlow2163
    @kristinpartlow2163 6 років тому +28

    This man is obsessed with pizza ovens.

    • @dadurie4850
      @dadurie4850 5 років тому

      How do u work out the variable costs?

  • @coltonhansen4408
    @coltonhansen4408 4 роки тому

    Finally an Econ professor that I can actually understand, this man is the goat

    • @streamcommerce1999
      @streamcommerce1999 4 роки тому

      I also upload videos on Costing with Theories and Illustrations for students in English. Hope it will help you ❤️😊👍🙏
      ua-cam.com/channels/zocU0DNOb8nu3NZxBQjdzg.html

  • @mohamadoumouktar9808
    @mohamadoumouktar9808 9 років тому +3

    Thank you for sharing!!
    your videos are easy to understand, very helpful your the best

  • @tysoncrystal1060
    @tysoncrystal1060 3 роки тому +2

    Mr. Clifford's videos are the only reason I'm getting through an online microeconomics class!!

  • @SubjectSwag
    @SubjectSwag 8 років тому +53

    Given that these videos are freely avialable on the internet, why in the fuck am I spending an hour and 15 minutes of my life attending a lecture, when I can learn the same material in less than half the time. What the fuck bruh

    • @seanybravo
      @seanybravo 7 років тому +5

      Not only that but youre also paying the lecturer

    • @ezzyb4994
      @ezzyb4994 7 років тому +1

      seany bravo you are paying the school not the lecturer, school pays the lecturer

    • @cucumberishealthy9661
      @cucumberishealthy9661 7 років тому

      Can relate to that so much

  • @nicholasbrown6394
    @nicholasbrown6394 9 років тому

    University Micro life saver! Literally owe my marks just too you, my professor likes to make things seem harder then they are! ROCK ON MR CLIFFORD!

  • @zackc8705
    @zackc8705 10 років тому +3

    Thank you very much I greatly appericate all your hard work.

  • @HowDoesFrankyEven
    @HowDoesFrankyEven 5 років тому +2

    You are singlehandedly getting me through Microeconomics... and probably Macro next semester. Thanks for all your breakdowns!

  • @briannapalmer8907
    @briannapalmer8907 9 років тому +3

    Your videos are super helpful.
    Thanks a lot!!!

  • @nadineahmedelnaggar2946
    @nadineahmedelnaggar2946 8 років тому

    so im a college student and my exam is tomorrow and im binge watching ur videos. you saved my life man

  • @d_4_deadpool__209
    @d_4_deadpool__209 5 років тому +6

    0:17 the guy at Top Right corner seems very excited about Cost Curves .

  • @gelo-xk7wr
    @gelo-xk7wr 8 років тому

    PHILIPPINES LOVE YOU SIR!!!!!! WE ARE LEARNING A LOT FROM YOU!!! pleaseeeee pleaseeee pleaseeee continue making more videos

  • @babarkhurram1529
    @babarkhurram1529 9 років тому +3

    One word...... Awesome

  • @MrRemdawg17
    @MrRemdawg17 7 років тому

    This video helped me so much! I'm in college taking a micro course and my professor makes this particular chapter so confusing and hard to follow, yet this 5 minute video managed to clear everything up. You're a lifesaver! Keep up the great videos man!

  • @minhngo9833
    @minhngo9833 9 років тому +4

    god bless this guy

  • @TheRoughjeans
    @TheRoughjeans 9 років тому +2

    these videos help me review so much in a few hours without even opening my book.

  • @Leogeee650
    @Leogeee650 7 років тому +6

    who stressing last minute for finals

  • @Glen-e4s
    @Glen-e4s Рік тому

    I taught me more in 5 minutes than my teacher has in a month. GOD BLESS YOU❤❤❤❤❤

  • @paulh965
    @paulh965 8 років тому +11

    He's a great teacher but feels like bullet is coming out of his mouth lol

    • @MrD10e
      @MrD10e 8 років тому +1

      flip it to speed 2 for a minute and then go back to 1.

  • @_Kid_98.
    @_Kid_98. 2 роки тому

    I have been straggling on how to work out these costs, but after watching this video everything is now smooth for me. Thank you Sir🙏

  • @CastelDawn
    @CastelDawn 9 років тому +6

    0:17, lol, they are all good looking, selection much? and kudos to the not excited guy in the right.

  • @vanshikawalia2798
    @vanshikawalia2798 5 років тому +1

    Energetic professor who brings energy and made study interesting

  • @hteiktinminpaing3481
    @hteiktinminpaing3481 7 років тому +12

    You look like Marc Cuban.

  • @jessascott4047
    @jessascott4047 8 років тому

    This video is so clearly and simply explained, it even made sense to a total Micro/Econ novice such as myself. Thank you for presenting a explanation I can finally understand! Bravo.

  • @mmaGambit
    @mmaGambit 8 років тому +5

    lol one guy was all serious in the back.

  • @sammusa7812
    @sammusa7812 8 років тому

    I want to say thank you very much, you literally saved me from failing in my class exam. I can say you are my teacher

  • @shmu-elocho706
    @shmu-elocho706 5 років тому

    I like how every time i search for an economics-related topic on UA-cam this dude shows up

  • @dumitrugabriel3940
    @dumitrugabriel3940 7 років тому

    one more Economics Of Imperfect Labor Markets student that will pass the exam because of you. Thanks my man!

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    @nirajtupe9593 8 років тому

    I dont understand anything what my college professor teaches . But after watching your videos I have learnt alot of concepts...Thank youou so much!

  • @theemptyhearse2207
    @theemptyhearse2207 5 років тому

    I'm not a student studying economics in a formal way. I took up science throughout high school and I have an exam next month which has a portion of economics. This is helping me so much. Thank you for making this fun to learn, even for a person who has never touched it before.

  • @raymondshamsher9052
    @raymondshamsher9052 5 років тому

    You're an economic god. Finals are coming up and your videos are helping me study and learn all concepts i missed out. Thank you so much.

  • @music556
    @music556 8 років тому

    You make microeconomics so much easier! This video just helped clarify a 2-hour lecture and helped clarify an assignment! Thank you!

  • @CoachKenny707
    @CoachKenny707 9 років тому +1

    Your awesome! I'm trying to pass a Grad school level Economics class and the way they teach it is so dry!! thank you! I will be watching and liking all of your videos!

    • @JacobAClifford
      @JacobAClifford  9 років тому

      +Eduardo Woods You are welcome Eduardo. Please tell your friends about ACDC Econ. I think they will like it too.

  • @Erica_Love_Love
    @Erica_Love_Love 5 років тому

    Although youre talking fast, i understand the calculations youre explaining. The way you explain it is a very good break down. And explaining how you get the break down of the numbers is very good. Thank you.

  • @alexisfarrar0
    @alexisfarrar0 8 років тому

    I don't know what I would do without these videos

  • @kululu4413
    @kululu4413 8 років тому

    Thank you so much. I remember watching this while I was preparing the AP exam, Now I am taking college course and your videos still helps me a ton like before. Much love to you

  • @haimanotmekedese9006
    @haimanotmekedese9006 2 роки тому

    you are the best eco teacher i have ever seen you taught me in 5 min oh my Gosh you did a great job a million thanks

  • @siphomtimkulu8501
    @siphomtimkulu8501 3 роки тому

    I AM ABSOLUTELY STUNNED !! WHY DIDN'T I THINK OF UA-cam WHEN I WAS IN MY SENIOR YEAR!!