![What Is PERFECT COMPETITION? | [ELI5 w/ examples] | Think Econ](/img/o.gif)
11 ай бұрын
Пікірлер
@ThinkEcon Күн бұрын
If you found this video helpful, consider leaving a like, and if you want to see more educational economics content, subscribe to the channel! Good luck on those finals!
@manelkouki5849 2 күн бұрын
idk why i only find the best teachers only the night before the exam you make economy so easy thank you 💙
@ThinkEcon Күн бұрын
Good luck on your exam!
@conradstaton9904 2 күн бұрын
I’m here a couple years later and this is wrong
@RajaTayyabkfk 3 күн бұрын
yes
@G.Manish-ei2yw 5 күн бұрын
🎉❤❤😊 best!
@Tyzee 5 күн бұрын
Why didn't you use the midpoint method?
@ravibhosle8478 7 күн бұрын
if price of complementary good is decreased, then people will buy more of complementary good, and less of the good we are speaking of, hence the demand for the good will be decreased right?
@ThinkEcon 7 күн бұрын
Not quite. What you’re describing is actually substitute goods. The way to think of complementary goods is like this: For simplicity let’s say peanut butter and jelly are complementary goods. You only consume them together, but rarely/never on their own (I know this is an unrealistic assumption but just bear with me on it for this example). If the price of peanut butter decreases, you’ll increase your quantity demanded of peanut butter, however you’ll increase your demand for jelly as well, even though nothing has directly happened to the price of jelly. Does this help?
@FatjonaGegaj 8 күн бұрын
I didn't understand why Qd* went from 50-2P to 40-2P ( So I don't understand where did u get this number 40?)
@humbatgasimov6452 8 күн бұрын
NIce.
@humbatgasimov6452 8 күн бұрын
Good.
@humbatgasimov6452 8 күн бұрын
WWonderful video.
@ThinkEcon 8 күн бұрын
Thanks!
@abdibuli9515 8 күн бұрын
I understand 75%
@abdibuli9515 8 күн бұрын
Goooooooooooooooooooooood😊
@MD.RONIFAKIR 10 күн бұрын
Love from Bangladesh.
@FeyisaDalesa 11 күн бұрын
Please do review exercise chapter 2.
@ecogamingzone 13 күн бұрын
Promise 🫴 Neve stop
@NikolaCebic 14 күн бұрын
So the producers‘ curve goes up and the buyer‘s curve goes down? Thanks a lot!
@GAYAsifax 14 күн бұрын
😮from the supply equation I see that the Qo = P that is to say the supply curve is a straight line parallel to the quantity axis so your drawing is wrong
@mahariemun5592 15 күн бұрын
You are teaching us more.
@wattanapongjarupongsa970 15 күн бұрын
Good and short explanation. I like it
@ThinkEcon 15 күн бұрын
I’m glad to hear you found it helpful!
@ArunaAbdulaiKAMARA 15 күн бұрын
I like the teaching
@ThinkEcon 15 күн бұрын
Thank you!
@കോലത്തുനാട് 15 күн бұрын
Thanks a lot ❤
@ThinkEcon 15 күн бұрын
You’re very welcome!
@ankitshah4890 16 күн бұрын
Is it related to A levels course ?
@ThinkEcon 15 күн бұрын
These concepts are absolutely taught in A level!
@MusawirAli-wg9zt 17 күн бұрын
O thnkuu ....we understand better than teachers from uhh 🤗
@ThinkEcon 16 күн бұрын
Glad I could help!
@SamanthaGavina 18 күн бұрын
thank u im so brain rot i respond well to these during cramming
@hearmeout0.0 20 күн бұрын
this video helped clarify what 2 hours of studying with my textbook couldnt... thank you so so much!!!!
@igieronaldvillancio9508 20 күн бұрын
It's 22/71 x 100= 31
@ThinkEcon 22 күн бұрын
If you found this video helpful, consider leaving a like, and if you want to see more educational economics content, subscribe to the channel! Good luck on those finals!