thanks for the clear explanation! you should be my economics teacher.
@GorgonDrageil4 жыл бұрын
Nice name
@ilovepewds2956 Жыл бұрын
All this years of doing economics, this is the best explanation!
@africanprince22 Жыл бұрын
I am here enjoying my online grade 12 economics class and I hope to succeed highly because Khan academy they are superb
@tanishs75064 жыл бұрын
Your explanation was outstanding . Thanks a lot sir
@JosephKings-j9f8 ай бұрын
this channel is a gold mine
@diptiraj244 жыл бұрын
Loved the way you explained. Thank you!
@Bombchubowling4 жыл бұрын
You demon lol
@nielia81704 жыл бұрын
This video helped me so much !!
@hinahbashir Жыл бұрын
So is it correct to say that it depicts constant , diminishing and increasing returns to scale
@GorgonDrageil4 жыл бұрын
Thank you for helping me FINALLY wrap my head around this concept. I would like this video twice.
@aterribleyoutuber90394 жыл бұрын
Nice name
@GorgonDrageil4 жыл бұрын
@@aterribleyoutuber9039 Thanks. You too.
@mimiibawihtlung20963 жыл бұрын
This explanation really helping me a lot...Thank you very much😇
@hashimmohamud29223 жыл бұрын
Teacher thanks this is useful lesson for me
@arjanbaraku6281 Жыл бұрын
Thank you so much
@happydadeury7 жыл бұрын
Appreciate you
@mhhqp83352 жыл бұрын
thanks
@ivenellope33843 жыл бұрын
Thankyou😭❤️
@Fareeha23323 жыл бұрын
Thank you for this video!
@thestudybuds85386 жыл бұрын
Very helpful!
@HeidiFlanagan Жыл бұрын
2nd rabbit takes more time to catch, so that is what is causing the increased opportunity cost.
@userlogin71686 жыл бұрын
Thx really helpful for me
@azabuhakih80993 жыл бұрын
What will the graph look like when you have just two combinations say 4 units and 5 units of each product
@fourthinternationalist_19174 жыл бұрын
Has square anything to do with this?
@Kamal-mf3of4 жыл бұрын
Nice
@userlogin71686 жыл бұрын
Keep going
@simpliciocarvalho20367 жыл бұрын
Muito bom... poderia traduzir para português Brasil.
@namecannnotbeblank2 жыл бұрын
2:28 was actually funny. 😂
@quratulainmumtaz98373 жыл бұрын
omg ur the best 😭😭
@divyarout147 жыл бұрын
Hi
@bradendredge68093 жыл бұрын
Notes
@bradendredge68093 жыл бұрын
The more time away from family, the less your family trusts you. That’s a hard application of increasing opportunity cost.
@bradendredge68093 жыл бұрын
But with every new project I get at work, though the time expenditure is great in the beginning, I improve at it with each attempt. And each attempt requires less time than the one before, resulting in a decreasing opportunity cost.
@jem47303 жыл бұрын
Why increasing opportunity cost Why decreasing opportunity cost And why constant opportunity i having trouble to understand it can someoneexplain please
@pranavharshan61195 жыл бұрын
why is it harder to catch the second rabbit?
@grigoriyefimovichrasputin78974 жыл бұрын
Because you are weighed down by the other rabbit you are carrying?
@joshuawang85294 жыл бұрын
because missing rabbit has made the rest rabbits warier and less easy to catch
@grigoriyefimovichrasputin78974 жыл бұрын
@@joshuawang8529 both
@jadon_s.s4 жыл бұрын
Rabbit and Berries is just an example. What is important is to understand the concept of PP-curve and what it tells about opportunity cost. That if you want more of one thing, you will have less of something else. And this variation can take place in 3 ways: Constant, Increasing, Decreasing.
@palakmunjal3 жыл бұрын
@@jadon_s.s but why does MOC goes on increasing? I mean why we are ready to sacrifice more and more of berries. Because as per the logic, marginal significance of berries should increase as the stock of berries is decreasing, then why the individual is ready to sacrifice more and more of berries just to get that same unit of rabbit?
@Experiment-qj1ow11 ай бұрын
That last chart is basically time spent on an assignment vs grades.
@d.harrison15702 ай бұрын
Don't hurt rabbits. Can't we do a PPC that doesn't involve violence to animals?
@ziadmahmud30496 жыл бұрын
You are spending more berries for catching 1 additional rabbit, so here it seems berries are input to produce rabbit. That makes it marginal cost right? I am not clear about it. :(
@divyarout147 жыл бұрын
Im first
@fazlullah65753 жыл бұрын
Divorce mal!!!!!!
@mulimotola447 жыл бұрын
Poor rabbits... Sick example
@EloquenceTV5 жыл бұрын
are you actually serious? youre feeling some type of way over an economics example? what a soft world we live in today smh