This videos is an absolute diamond. I love the way you explained it without any assumptions or skips.
@chanelcoppens614 Жыл бұрын
Thank you Jason, from the bottom of my heart. I have spent hours and hours crying over economics. As a history student, i cannot do math, it is a foreign language to me, but this made understand how to actually calculate the demand function. I might actually pass now. I owe you my life, my sanity, my loyalty. I am forever in your favor. You are a saint, I shall think of you Jason, when the time has come to take my exam and once again thank my only true maths-saviour Jason Welker. Have a wonderful life.
@jasn3506 Жыл бұрын
ditto.
@nikisnoona3845 Жыл бұрын
I am a university student from Bangladesh who was struggling with math and and math related syllabus for days. But thanks to you I am learning and clearing my terribly mixed up information on liner equation. No one was able to make me understand this topic as much as you did and I am very thankful for that.
@alexanderburrows53362 жыл бұрын
You just saved me from a stroke! Went through a ton of videos and this is by far the one that is most straight forward and actually EXPLAINS everything without assuming. Thank you!
@PancakeRecipe_4 ай бұрын
7 years ago and yet still so helpful. i was stressing out, God bless you abundantly. you have no idea how much you're helping!
@csmayankagrawal5 жыл бұрын
YOU ARE THE BEST FOREIGN LECTURER WHOSE EXPLANATION AND PRONUNCIATION ARE VERY CLEAR & EASILY UNDERSTANDABLE
@josequinones20312 жыл бұрын
Thanks a lot, you saved me from almost droping from my class, I didn't understand until now! I appreciate your help!
@kerripayne91237 жыл бұрын
Thank you so much for this video - is was the absolute easiest explanation that I have heard for the demand function and it helped me TREMENDOUSLY on both my MBA homework and mid-term exam. THANK YOU!!!!
@JLM-ge2xm11 ай бұрын
JUST WOW! HANDS DOWN! EVERYTHING WAS EXPLAINED WELL!
@GetToThePointNYC Жыл бұрын
YOU JUST LITERALLY SAVED ME FROM DROPPING MY ECONOMICS CLASS! Thank you soooooo much
@sougata1980 Жыл бұрын
This is THE Video every student should watch if they want get concept clear for demand supply curve. Thank you so much
@jackiengai86011 ай бұрын
👍 👍👍 🙏 🙏 🙏 😘 very well explained. the best expression ever i saw in terms of details and speaking speed. 👏👏👏👏👏 10:28 also your accent is clear 👍
@Nurj81 Жыл бұрын
What a great explanation!! Thank YOU for creating this lesson.
@worldsystems95762 жыл бұрын
I can't believe it can be this good
@sphokazintsalaze11 ай бұрын
Amazing work you're doing here Jason. Thanks and God bless
@andrew390511 ай бұрын
absolutely saved. had to learn this all by myself for a report and got stumped because every site i looked to left out the the crucial detail of “b” being the inverse of the slope
@apriljoycalmada81036 ай бұрын
You are a gift from heaven! Thank you!
@jeffperra4 жыл бұрын
Thanks...could not for the life of me figure out how to find the demand curve equation. 3-4 minutes after watching your clip and I'm all set.
@obhenx3 жыл бұрын
You saved my life, Prof..! thanks a lot..
@giftmichaelkhondowe97722 жыл бұрын
Ulichikali boi. Translation : You are Magnificent
@faisalsaood3605 жыл бұрын
marvelous and so very great ....you know ,,,,for years i ve been finding and thinking about how to determined demand equation and for your astonishment even no book helped me like the way it should be taught in a book .....now after seeing your lecture i got complete idea ..........God bless you ........... you are great .......
@leolcjt3 жыл бұрын
Holy hell!! My brain exploded! This was way easier to understand than my textbook.
@samsonnelson73012 жыл бұрын
Is it possible for us use the same quantity and price we used to find b to find be to find a?
@kundakamilo54833 жыл бұрын
I will ace my mids all thanx to you 🙏🏾
@raime34885 жыл бұрын
Thank you so much! I was struggling to understand my professor with this topic. But finally, I get to know how to do the whole thing.
@shammaalali3523 жыл бұрын
But isn’t the slope for demand is price over quantity
@muskanmishra55814 жыл бұрын
Brilliant explanation of why q=a-bp represents linear demand equation 👏👏
@akuntansiolahdata52256 жыл бұрын
Thank you so much sir, wish you always happy and healthy
@bageshwardhampariwaar44 Жыл бұрын
Thanks 🙏🏻 it was easy to understand..keep it up 👍🏻
@KimSiever4 жыл бұрын
Thanks so much. You’re a life saver.
@amirestebari14706 жыл бұрын
Thank you very much. I had difficulty understanding this equation but after watching your video, my problem is solved.
@bageshwardhampariwaar44 Жыл бұрын
Can we use both the formulas to find slope Y=a+bX and Q=a+bP??
@e021003 жыл бұрын
This has REALLY helped so much!!! Thank you!!!!
@johanesogwari33093 жыл бұрын
ur a good teacher ever💪👏👏
@XDbasketball7 жыл бұрын
isn't it Qd = a-bP??
@JasonWelker7 жыл бұрын
the 'b' variable is always negative. 'b' = change in Q/change in P, which will be negative due to the inverse relationship between P and Qd. So the equation turns out to be Qd = a + (-b)P which is the same as Qd = a - bP.
@rajantiwari5628 Жыл бұрын
No you dumbo!!
@Kabaghe Жыл бұрын
Exactly 💯😌
@puikalee92014 жыл бұрын
gosh, this video explains better than my uni professor. Thanks so much!
@miguelgutierrez50822 жыл бұрын
How.do. I get the economics done in California?
@kadmani7 жыл бұрын
that handwriting is so neat :o
@freedman14054 жыл бұрын
Hello! If quantity demanded is the dependent variable, why is it that it is on the x-axis instead of the y-axis?
@anushcheema71004 жыл бұрын
same question
@yashigupta72453 жыл бұрын
It is because that the graph of demand curve is based on the inverse demand function where quantity is taken as independent variable
@monishamangwani4495 жыл бұрын
Thank you for explaining this so well!
@viane1234562 жыл бұрын
If i have a equilibirum condition and demand equaltion can i derice supply function?
@formanauto60347 ай бұрын
Good evening sir. Thanks a lot
@mothernature45763 жыл бұрын
Such an easy explanation
@jyotibatra89104 жыл бұрын
If we have only demand function then how can we draw a demand schedule. And what price difference should be taken in schedule
@azellebahadory9365 жыл бұрын
Thank you for breaking this down! An excellent explanation.
@brzydkareka6 жыл бұрын
Starts at 9:20
@lorenzoramos62164 жыл бұрын
may I ask given the example provided by our prof, I tried picking out any Q2 and Q1 from the QD and QS but the b (Q2-Q1/P2-P1) I'm getting is different whenever I tried using the other pairs
@hamodehamode93946 жыл бұрын
You helped me a lot Thanks You are from the bests
@DumbleRoldtheHeadMaster2 жыл бұрын
why the value of quantity demanded when the price of 1.5 change from 330 to 300?
@TheVDPJMb4 жыл бұрын
When I try to find the "a" variabel with Q100 and P2.5, the "a" variabel is 350.. Is that correct?
@odinlund82534 жыл бұрын
Dont think anyone is gonna reply tbh
@emalynfrancis56352 жыл бұрын
what if there is no number attached to the demand schedule How to fine the numbers of Q= a + b p
@momtahenagamer58553 жыл бұрын
Thanks for your explanation
@amirestebari14706 жыл бұрын
...but isn't linear demand equation 'Q = a - bp' ? I think 'Q = a + bp' is for supply!
@zeryab5556 жыл бұрын
actually, both equations are same ( Q = a + bP) but the only difference depends upon b ( the slope). If b is negative its demand equation ( Q = a - bP) and if b ( the slope ) is positive it is supply equation ( Q = a + b P). Demand curve has a negative slope and the supply curve has a positive slope.
@055wijewardanalbsu36 жыл бұрын
watch the whole video brother.
@ParminderKaur-in8sw4 жыл бұрын
can we derive supply equation from demand equation, MR equation and MC?
@tadiwanashechimuka83243 жыл бұрын
That song in the beginning is really good
@rebeccaonyango57993 жыл бұрын
Hellow...why did you only choose a price of 2 and quantity of 200 And not any other i.e. price os 1.5 and quantity of 300 Kindly explain
@bharathiyamanth73384 жыл бұрын
Thanks a lott , it helped me very much 🙏🙏
@ShantanuUpe2 жыл бұрын
Logic explained precisely
@sumeetkaur39423 жыл бұрын
Perfect explanation 👍
@truman55604 жыл бұрын
this guy is amazing
@leatherdump8602 жыл бұрын
How to solve Quantity Demanded and a given price??
@imemeuwu3 жыл бұрын
Thank you so much 🙆♀️🙆♀️🙆♀️
@victoriachamberlin34614 жыл бұрын
thank you! This helped a lot! Also, "depependent" lol
@lorenzorichards70934 жыл бұрын
😂
@Elected_Official6 жыл бұрын
Sir, you are the best !
@dariusaliyu31035 жыл бұрын
having a problem can u help out
@lisettearena6 жыл бұрын
Thank you so much! Very helpful!
@_grxnny4 жыл бұрын
Thank you! This helped me a lot.
@mkyeluri3 жыл бұрын
when Price and Demand are inversely related to each other, how could this equation Q = a + bP correct? Shouldnt it be Q = a - bP?
@roseannie-mjay2 жыл бұрын
I’m confused myself😐
@omarsimpson84147 жыл бұрын
This video just opened my mind , thanks alot!!
@Frootyloops6293 жыл бұрын
wow so glad i met you
@battulga435 жыл бұрын
Thank you! great explanation.
@classicytuber31042 жыл бұрын
Your the best thanks so much
@jefseybanlasan1645 Жыл бұрын
title of your intro music pls?
@supitchasokrai98833 жыл бұрын
Thank you so much 🤍🤍
@danielmworia12406 жыл бұрын
Awsome, Just what I needed thanks mate
@EnaHanaStudio5 жыл бұрын
sir may i go to the restroom
@E224 жыл бұрын
Econ is life
@enelrahcreivaj2 жыл бұрын
Clear! Thank you! ♥
@BanditapatowaryArt4 жыл бұрын
Thank you🙏
@Art36o3 жыл бұрын
You saved my brain
@MohamedAhmed-he2du11 ай бұрын
Thants was great thanks ❤
@anchitvg6 жыл бұрын
What's the name of the song in the Intro?
@peekaboodoraemon34735 жыл бұрын
How to get the price when it’s not given?
@thisisyoutubetv3235 Жыл бұрын
Bravo 👏🏿
@heinkenival40783 жыл бұрын
Thank you for the song!
@yemcity78676 жыл бұрын
Beautiful lesson, Thank U
@DariaAleshkova3 жыл бұрын
Thank you so much, kind sir! My textbook explains this horribly!
@deadenderbg12973 жыл бұрын
i agree
@mohamoudabdishakour10958 жыл бұрын
thanks, you really been helpful ❤
@marnv29563 жыл бұрын
Thank you and God bless
@FromBeautyToBrains Жыл бұрын
i like the intro whtis the name of music
@seniorax63805 жыл бұрын
Tnx For Expaling This
@frankmuragijimana608328 күн бұрын
Thank you so much
@g_kirtiman4 жыл бұрын
@ 2:47 You got the equation wrong from the start. It is Q=a-bP. Not Q=a+bP. So the rest of the video is all unreliable. Except the method, of course.
@JasonWelker4 жыл бұрын
The 'b' variable is negative. So it's Qd=a+(-b)P. Watch the video. It's all explained.
@formanauto60347 ай бұрын
Good morning sir. Please explain rise and run again in simple way, similarly if price 1$ increase, how much does the qty demand fall using rise and run concept. Sir when price is decreasing and why do we say, it's rise rather we should say fell and run. Your comments please. Thanks and Regards Raja Aurangzeb from Lahore Pakistan.
@abenezerzewge14 күн бұрын
What a tutor
@opokuemmanuel28004 жыл бұрын
Why not Qd=a-bp
@mudithamalinda84647 жыл бұрын
Thanks A LOT................................................
@horacioramirez65873 жыл бұрын
just nice bro
@wilmarvillanueva13 ай бұрын
For some reason the problem I did had the Q on bottom and P on top