Professors or instructors like Paj Holden, make microeconomics fun and interesting! Awesome visual aids and explanations. Thank you!
@tinygoof9 жыл бұрын
Wish all teachers were like you
@Beyondthe_vlog9 жыл бұрын
U r beyond amazing
@Whiteyd1210 жыл бұрын
Thank you all of your videos have been really helpful!
@bilalshiekh770610 жыл бұрын
i like elastic chicken
@jojuna997 жыл бұрын
Ohmygod I learned more from this 12 minute video than I have from my teacher the entire semester
@danielwatieh410311 жыл бұрын
Best Economics teacher ever no doubt! Thanks a bunch for those videos! BTW, how can I contact you in case I have some doubts etc.? The blog isn't working anymore.
@ashikaraj12919 жыл бұрын
Thank you Sir, i really like your explanations.
@bangtongyik87236 жыл бұрын
Fantastic! lecture I like it
@iamym158 жыл бұрын
love the sense of humour at the end xD
@tristenwilliams13209 жыл бұрын
Hey Mr Holden! I love your videos and `I was just wondering, do your 28 videos cover the whole AS syllabus?
@rapioullah8 жыл бұрын
+Tristen Williams nope, up until 26 its micro, half the syllabus
@xdarkbladerz111 жыл бұрын
Thank you sir! Using your videos as revision to essay practices, in preparation for A-levels =)
@azaraftimos914611 жыл бұрын
Thank you very much. Very informative.
@nirmalaroy40569 жыл бұрын
Hi your video is really good, I felt if you draw the demand curve separately for all the elasticity it would be more helpful to the non economic students
@fabriceratna91619 жыл бұрын
hope to see you in your next one man show!! :D
@darinaakhmetjanova978310 жыл бұрын
Hi, I am just wondering could you please explain how supply elasticity impacts to total revenue? I am from Melbourne and this question was appeared from exam paper. I couldn't find any answers to this question either from books or google. Everything is about demand elasticity and total revenue. Thank you very much!
@botor510 жыл бұрын
It doesn't. But if price rises and the supply is elastic you'll be able to supply more at a higher price so revenue will rise. If the supply is inelastic and the price rises you won't be able to gain more revenue
@zarfishankhan330610 жыл бұрын
Legend.
@randomuser4059 жыл бұрын
"mature chicken " Nice concept he says hehe
@정세일-p1n10 жыл бұрын
Hi I'm korean student and your video helped me alot. For my current class, this video is recommended as supplement. So what I want to ask you is that one of my quize was about why supply commodoties like agriculture are inelastic to price. It was about picking up the wrong reason based on your video. The answer was that " It is not easy to change supply rapidly" I really cant understand this so asked TA about it thant what she say is that she changed the sentence in your video "It is not easy to change quantity of supplied rapidly" to that. I really cant understand this. She seems like to say that supply change is about movement of graph so not quantity change. But isnt it same? I mean supply means the quantity supplied and what makes the graph move is the change of quantity supplied at every price level, isnt it? If we call that change in supply, I cant understand those two phrase are different. sorry for my messy english and again, tank you for the easy to understand lecture. It would be my honor to get your elplanation. Thank you.
@markbedford524010 жыл бұрын
Supply is simply the amount of a good a firm is willing to produce at a certain price level, but PES is a measurement of how easily quantity supplied can change in response to a change in price. So for example if a firm producing toys sees a large increase in price and can increase output quickly and easily its likely to have and elastic supply. Agricultures normally used in the exams because even if there was a large increase in the price of wheat, a wheat farmer would be unable to react to the price change until the following year by allocating more of his land to wheat production, so the PES is inelastic.
@Mochamamii9 жыл бұрын
Thank you
@vallykandhansomasundaram64635 жыл бұрын
what could be the reason when the price elasticity of supply is infinite?
@soulsfood56918 жыл бұрын
WHAT IS THE FORMULA OF PERFECTLY ELASTIC SUPPLY
@finisher4899 жыл бұрын
37 DAYS IS A MONTH AND A WEEK NOT A MONTH AND A DAY
@Benmurphy2639 жыл бұрын
Why does the description say that its ideal for insomniacs?
@ckvlzlvxch9 жыл бұрын
***** humorous implication that this video is boring and so would help insomniacs sleep.