Scarcity, Opportunity Cost and the PPC

[@emwookiee]

i learned more in 14 min than i did a 2hr lecture, thank you for this helpful video!

[@cablesatinstallers2697]

me too

[@kapitan19969838]

But is it useful?

[@omidriahi5519]

Thanks, this video worth to watch due to scarcity of time

[@filipgodsu2410]

I WAS SURE SOMEONE WOULD MAKE THAT JOKE :D

[@adrienne9375]

Thank you for explaining this in 14 minutes you just saved me a month of studying not that im complaining about studying

[@romanedward6706]

Awesome lesson! Such clarity and an excellent teaching method. thank you for simplifying!!!

[@obedofori460]

for years I have struggled to understand the concept of scarcity, choice and opportunity cost with reference to the PPF but to no avail. thanks to your site, I now understand it clearly and would love to have a lot of videos from you.

[@JasonWelker]

Thanks Obed! If you subscribe you can take my whole course in order from the playlists! kzbin.info

[@obedofori460]

I enjoy your videos honestly

[@obedofori460]

get me the guidelines subscribe please

[@JasonWelker]

Just click the on my name and then click the "subscribe" button! If you then follow the link to "playlists" from my channel page you can see all my units of study with videos organized in the order they should be watched.

[@MrALPHAkz]

I have exam after 2 hours and I hope everything will be ok ! Btw, Thanks ! I didnt want to read a chapter about scarcity; so, I just watched this video and I found it very helpful .

[@user-df5ii7hp3b]

Hey, Jason. I'm in my first year of economics and finding it hard to keep up. Thanks so much for giving up your time to help people like me, I really appreciate it.

[@tahmasuz]

I am very delight to learn quickly from your respected lectures, Thank you very much.

[@tebbamohammed2794]

I learned more than I was expecting, really pleased with the definitions ; they are helpful.

[@blancheharris4635]

Hey Jason , thanks so much for your lecture, you are really good at bringing your message across, i really enjoy your teachings, keep it up!

[@adutanyang1614]

This is best channel ever.Can't stoping myself learning:

[@koduckey]

You are my savior man. Saved me so much time on my exonomics homework! Thanks :)

[@twailaguerrier2091]

Thanks so much for this video. I've learned so much in this small amount of time than I have in 2 weeks 👏🏾👏🏾👏🏾

[@dariatedling3126]

economic problem: unlimited wants, limited resources

[@chuimedia]

Great lecture! very informative and inspiring,thanks.

[@TheOchrome]

Just started my economics 101 class for personal knowledge. People don't realize that economics affects every aspect of our lives.

[@axeljayv]

So easy to understand! Thank you! I wish my textbooks were this easy to understand.

[@thepirateblaze1988]

Your videos are going to help me pass my economics class!!

[@KingvGio]

Imagine being in school for a year, Imagine studying something for 2 weeks but ended up knowing more in 14 minutes.. School is such a waste of time!

[@vinaykamble8588]

Hey Jason , It was really worth watching . Well explained . Thank you very much :)

[@Zero_Transmission]

thank you so much for this explanation, it was the best so far from all that I hv been watching from others trying to explain

[@niicholalanga680]

2019 ...thanks for the best explanation

[@ashseebarat5635]

Your video just made it look so easy to me. Thank you so much.

[@jenniferliu9771]

Many thx for those great videos, would you please share the application you used for drawing and sharing those notes

[@startonid]

thanks! you helped me understand way better than my professor did!

[@busdontrunhere]

Printing money reduces the value of money already in circulation. It has been tried in the US in the 70's and, to catastrophic effects in German in the 20's. In 1921, the Mark had a rate of 60-1 to the Dollar. A few years later, it was over 4 trillion marks to 1 dollar.

[@miamobayed4641]

This helped me so much before my exams

[@areebajamal224]

such a helpful video! Great lesson! 👍👍

[@pratibhasinghal]

this is the best explanation i have ever heard, amazing work done.......very useful. Thank you very much for uploading.......

[@suzanralineba3762]

Best video, more informative and clearly explained .

[@juliecramer7768]

Thank you. So clear!

[@Childrensmathes]

Excellent teaching.But how does a person use this O.C.in production or business.You are a great teacher.

[@preethajoshua3891]

Thanks a lot for making it so easy to understand for a medical student without any knowledge about economics.....Wish you could have done all my medicine subjects as easy as this one.....

[@DianaMoneke]

How do you know what to put on the x axis and what to put on the y-axis?

[@SuperChristy79]

thank you very much i have a awful teacher and im so confused but your vid helped me alot.

[@morrismarshall1575]

Well explained. I do the same example in my economics class

[@janenoveras6780]

Thanks, I learned a lot! Your explanation is very clear 😊

[@alekey2021]

Great video! Helped me a lot.

[@cburakyilmaz4383]

Thanks king of the economics

[@datbig1821]

Economics made simple, thank you much

[@sanjivbanymandhub9453]

Excellent presentations particularly for students.

[@ElishaTFlomo-ue7ny]

Thank you so much I learned a lot.....

[@TheAbdigaffar]

Thank you very much. you bring this over very clear.

[@sarahsmith9934]

Thank you so much. You explained this really well

[@miyalatef2113]

Thank You Master! It was great!

[@kentheengineer592]

What Matters Is The Use Plans for Reserves & Ineffienciencies That Contribute To Scarcity Issues

[@areebajamal224]

Can someone please explain food vs fuel issue and how the concept of opportunity cost might be used to explain the trade-offs as they effect government, farmers and consumers. (Related to food vs fuel)

[@siveyawa5442]

thanks Jason i really enjoyed this video and i understand now the ppc.please do more videos on other topics

[@fairozhasan6450]

Amazing lecture! Thank you very much.

[@fizzakhan2939]

Worth watching it!!

[@AmbipomLover]

Awesome lecture!

[@k-mo3420]

Thank you 😊

[@IkonWood]

Thank you.

[@ddigwell]

I love the K-I-S-S teaching method. Thank you very much! As for the 13 thunbs down ... I don't understand them at all.

[@conservativecatholic9030]

Michael sometimes the truth hurts. A lot of people would like to live in a world without the implications of what is explained here. Thus the now 36 thumbs down. (I agree, they are stupid)

[@yuhyeet231]

Conservative Catholic so in your head an imaginary group of people who decide to... disregard basic economics entirely have now also decided to... go around youtube disliking videos about basic economics?

[@hauteswan2541]

Very nice example!

[@deekshamurali3278]

This video really helped! Thank you so much!

[@mohamedelfarra4510]

I am wondering, which software / online tool do you use in your demonstration?

[@1shi07]

Informative thank you so much

[@setarehpirmorad4464]

thanks so much, really helped!

[@jeronimoescobardeltoro9705]

excellent video

[@ruthkatatumba1812]

Helpful 👏👏

[@surapanenigeetha9098]

Thank you so much it really helped a lott😀😀

[@thickness791]

Great video, thanks a million

[@kotekmoyang12345]

Awesome lecture

[@Sheilabcal]

very helpful. Thank you.

[@tahaezz2127]

Please Mr Jason, could you explain explicit cost, implicit cost, economic profit, accounting profit, and normal profit? 🙏🙏🙏😍😍🌿🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻 Thanks a lot for your epic and beneficial videos.🙏🙏🥰🥰

[@Gagan1166]

amazing way to explain, Thanks :)

[@emilysiu9465]

Thank you!

[@NasirKhan-gq4np]

you are great sir

[@John_Y08]

Very usefull.

[@nancysilveriomelendez7731]

OMG Thank you!

[@gondolaskskskks570]

You're doing god's work.

[@Ahmed_Smadi]

haram delete this comment

[@Ahmed_Smadi]

bro i amtelling u so u dont enter hell pls bro delete the comment or edit it

[@sonnydavola7650]

really good video

[@jakeskinner6204]

thanks

[@ChsonlineOrgUkinternetschool]

Worth watching

[@Honasss]

Thank you. Really helpful :)

[@setarehpirmorad4464]

whats the song called?

[@dariatedling3126]

+Setareh Pirmorad brad sucks - making me nervous

[@marinerahiman2713]

Thank you :)

[@NabihaAimi]

Thank u so much

[@andrewzdiva12]

excellent vid

[@MrAegggg]

thx

[@peepysheepy]

Came for economics homework, stayed for intro music.

[@astitwaadhikari3040]

wat song is in the intro??

[@dariatedling3126]

+Astitwa Adhikari brad sucks - making me nervous

[@astitwaadhikari3040]

Thanks :)

[@raghav2221]

was good but example of ppc should have been on economy

[@TheMosaddek]

best !

[@Tommys_Threads]

sick vid dude

[@tylia6166]

pphs

[@johannesiwanstruyk3259]

For foreign studenten? ? You speak very much too fast.Easy go, my man as if you want to run away because someone wants to attack you! Slow down, my man.Please Slowly. Because you are such a great teacher!!

[@mbekembe9472]

Wow

[@hiyashah2335]

why isn't the production possibilities CURVE a curve??

[@alexandergroot608]

shiiiit dat music fire af

[@yahyeamaanat7448]

Then what You decide to do work or play ? I don't understand

[@jjaybourne4734]

Yahye Amaanat it’s not necessarily about what you decide to do. Rather it is about your options and the possibilities. It is a graphical representation of the consequences of your choice of how much to work and play - the opportunity costs of these decisions.

[@hdpickles]

I'm here the Friday before I go back to school cramming for my AP econ summer homework. anyone else?

[@mer3abec]

That why all now are in deep st. All wants infinity but not as an ought.

[@acexrock]

WHAT'S UP U S T !!!!!

[@tannerd5344]

Greetings, Mr. Crotty. Greetings, Classmates.

[@horacioelconserjeopina3956]

Hola jijiji

[@Msoochan013]

Thank You !

[@NasirKhan-gq4np]

you are great sir

[@wakafl0ckaFrank]

Thanks!