Relationships between a Firm's Short-run Costs of Production

[@ludacrisk192]

THANKS SOOO FUCKING MUCH MY TEACHER IS LIKE 80 YEARS OLD AND STILL A COLLEGE PROFESSOR AND SHE SUCKS ASS I REALLY APPRECIATE WHAT YOU AS A PERSON HAVE DONE TO ME TO HELP MY KNOWLEDGE IN MICRO ECON BETTER AND BE SUCCESSFUL THANK AGAIN!!!!!!!

[@amritaverma2541]

omfg! you are legendary! an angel in disguise! seriously though you just saved me this term! THANKYOU SO MUCH1!!

[@mostinho7]

Main takeaways 4:00 anytime the value of an additional unit is less than the average, it brings the average down 6:40 ATC = AVC + AFC, AFC represented by vertical distance between ATC and AVC on the graph is decreasing as quantity produced increases (AFC = total fixed cost / quantity produced)

[@barbragwokyalya9483]

Jason, I like your video lectures, they are excellent. I prefer using your video lectures for my helping my students understand theory

[@evan2902]

Thanks for this. I'm pretty much forced to take a general Econ course for my mass comm degree and let me tell you every last one of us (at least from my area of study) is struggling and literally half the class is gone. Professor just leaves us hanging like fuckin' lab rats trying to solve problems with minimal advice and input. At least with these, I feel like I've a chance of at least passing. Gonna recommend your videos to the remainder of the class ASAP!

[@thespatulaa]

wow same except its business degree

[@endlesslove19th]

u save my life. Thank you. I could not understand a thing from my lecture class and the textbook.

[@JacobCritch]

love me some croy-ssants

[@leonmoodley1]

You are a blessing. Thank you

[@karanmehra6909]

No, thank you sir, u are truly the best.

[@laveshappiah6852]

You're just a freaking Genius! Thanks a lot for this video.

[@giselagier1072]

Hi Jason, your videos are so wonderfully explanatory and easy to follow thank you very much for these. My textbook says: Any point to the left of the SMC and SATC will mean unprofitability in the Long Term. Can you please explain this?

[@ahmedalam5048]

Could you please link the previous lesson to this VDO

[@thisisyoutubetv3235]

Bravo 👏🏿

[@aumnamahshivaya6086]

Crystal clear

[@lunayeahyeah9471]

Thank you!

[@mohammedabdulmalik3811]

God bless you .... you have a way of making complicated things sound so easy.......

[@aumnamahshivaya6086]

Namaskaaram Thank you very much sir From india

[@mercyonayiga891]

love the intro song u should make it longer

[@aumnamahshivaya6086]

Ya

[@jwilson1812]

You are my hero

[@farhan9632]

SIR, why is the TC curve U shaped?

[@Bigdollar08]

Mohammad Farhan because of diminishing marginal returns. Producing additional unit will eventually increase the unit cost.

[@idontknow5166]

Thank u

[@lecoqsf]

awesome

[@aumnamahshivaya6086]

👏👏👏👏✌✌✌🙏🙏🙏

[@claudiac479]

Wow I was studying my econ textbook for an hour to understand this and then I watch this video and he says "spreading the overhead" and then I realized I already knew all of this from accounting :(

[@footballclubs3935]

thnks