Production Possibilities Curve Review

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the Ultimate Review Packet for FREE
www.acdcecon.c...

[@foxiroonie91210]

thank you for not giving up videos to make hats

[@jacobmufasa]

+Samantha Fox iloveyou.

[@yahyamotara7590]

Hey! Those were NICE hats...

[@kelvin5685]

@@jacobmufasa I love you too Mufasa

[@realchiknuggets]

@@kelvin5685 lmfao

[@manojkumartummala9115]

😂😂

[@SabRinouch94]

I love you. Seriously. My teacher needs a 50 slides powerpoint just to explain this, THANK YOU !!!

[@fernandoINK]

***** THIS

[@ripplesr5655]

Sabrina B. lmao!same here! 😂

[@joussefabouali4795]

50 slides!!! I think you can do it in two

[@muhaimeenkhan3592]

same here

[@ASLMusic]

Same

[@anushamadhusudanan]

It’s my third week in Econ and you taught me what my teacher has been dragging out for THREE weeks in the first three minutes

[@PERK-30]

Durka durka

[@WumblesS]

my professor linked us this video and im grateful

[@rovercoupe7104]

Here’s a secret. Teachers have to drag out things. You don’t need to study for so long. It’s all about funding. Why do you think you go on field trips? M.

[@Vikramjit13579]

you're overwhelmingly lively. I like your teaching.

[@JacobAClifford]

+Vikramjit Bose Thanks

[@aaronrayk]

im convinced he does the funny parts because he knows were childish becus we cant grasp the material the first time in class 😂😂

[@mathsisdeadtomenow]

No its just to keep our fleeting teenage attention spans

[@saifkilani7285]

Omg yes hahaha

[@matimukhosa1514]

Thanks. you saved me being a first year student and not having done Ecos in high school. Thanks Buddy. Keep on doing what your doing.

[@JacobAClifford]

+Matimu Khosa Thanks for watching.

[@elitetech7728]

KEY TERMS IN THIS VIDEO: 1. Opportunity Cost 2. Scarcity 3. Trade-offs 4. Constant Opportunity Cost 5. Increasing Opportunity Cost -> When you use all your resources for one crop it will benefit, but not without the expense of the diminishing of the other crop.

[@wajsk]

EliteTech and Cacti.

[@elitetech7728]

lol

[@RunaroundStar]

+EliteTech You I like.

[@AliBhai-pe7ft]

thanks

[@naodteen9492]

Efficiency

[@julianPrendes]

9 years later you are still saving us. Thank you!

[@judykong7663]

LOL. I'm studying for my final exam on Tuesday and you are making it a breeze! Thank you so much for being very detailed and thorough, yet simplifying the concepts for me so that I'll be able to cram two days before. You rock! Keep up with the great work.

[@monikaraina6231]

Judy Kong how did those exams go ?

[@rayanamir6565]

@@monikaraina6231 im guessing not well

[@judykong7663]

@Clingo🦎 For it being 6 years ago I don't remember, but I did graduate from university and am working full-time so if that tells you anything xD

[@judykong7663]

@@monikaraina6231 Eh, I survived LOL

[@judykong7663]

@@rayanamir6565 You're not wrong.

[@hayribahar8637]

You are out there proving that it's not always the student who is the idiot, sometimes it's the professor that can't teach it properly. Thank you so much for your explanations 👍🏻

[@CD-lp3fh]

Yea man havent understood anything my teacher said for the past months but this video explain everything nicely

[@26joshterry]

I’m not even an Econ student and decided to learn economics for personal knowledge and your videos are amazing! I watched the entire Crash Course series on Economics so knew I had to check out your channel!

[@malishalefave7428]

This is my first experience in an ECON class and this video was way more helpful than the first 2 chapters of my book. Thank you for the great content and helping me better understand my learning material.

[@nataliesvt]

i'm like five years late but i wanted to say thank you so much for your videos, i have an exam next week and you're making this so much easier !!!

[@katsa_p2993]

WHAT? are you telling me I didn't need to listen two hours to my teacher in class but I could have just watched this instead and save a lot of time???? I completely understood everything??? ENGLISH IS NOT EVEN MY FIRST LANGUAGE AND I UNDERSTOOD EVERYTHING??? I absolutely loved your way of teaching!

[@j8678]

this is very helpful. I've been lost in my AP economics class for 3 months and 3 months of material i have to know for my midterm. Thanks!

[@angelscott4225]

as a first year commerce student, i thank you endlessly. im 3 weeks behind on my course all bc i didnt understand this one graph (didnt help that my teacher didnt necessarily explain it much) and now i can understand it better. i owe u my life.

[@KidCudi72]

Had to long in to comment on this video. Absolutely amazing. One of the best educational videos among any subject I've ever seen.

[@Sandmans.]

Thanks for somehow making economics better by teaching something in a few minutes compared to what my teacher has been going on about for a week,

[@disciplingministriesinc.7092]

Wow, you have that "it" for this subject area. I've been struggling/frustrated for two days and you motivated me! Thanks for going the extra mile and sharing your gifts. Prayers

[@johnr7910]

my prof's dog water vid werent loading so i search the lesson up and found this channel, so happy I found this explained so much info I that i was able to retain and not loose due to the fact you keep things interesting! so glad I found this channel!!!!

[@milton2755]

You saved me!!!!!!!!!!!!!!!!!! Thanks for this video

[@JacobAClifford]

+Don Milton You are very welcome Don

[@laurenford3848]

SAVING MY LIFE. These videos are gold... so confused in an online class and my professor recommended these videos and now it all makes sense! YAY!

[@S4M1_]

I hate my economics teacher sm bro 😭😭

[@first-itbe]

REAL 😭💀

[@codm-creed]

I couldn't understand mine so I'm here

[@Agent-Ceph]

​@@codm-creed I understood but I forgot 💀

[@garlic_bread_toast4403]

@@Agent-CephI was sick and she didn’t tell me anything. She also expected me to be done with the assignment the day after I got back despite being gone for a week and having no instruction whatsoever

[@yanele_1]

real man

[@meher94]

I have a test today at 9am. I was awake till 4am studying this from my textbook and I slept for a while and woke up at 6. I am so thankful to God that I saw this video, reading this from my textbook is so hard. Thanks for making these videos.

[@CEEJAYBX]

Mr. Clifford you are awesome taking an online class is difficult. When I watch your videos I get a better understanding then trying to read the book on my own.

[@noureennawar1728]

My teeacher has been trying to make me understand this for WEEKS and you just did it in 5 minutes thank you cacti dude that i found randomly while trying to find help online:)

[@joshuathomas3988]

You're the man. Great way to review for my college microecon final. Thanks a ton.

[@Raineyes1104]

Currently taking Econ, and this video really elaborated on some of the points I was confused on. May the power of the Cacti be with you.

[@x_xsazz]

You sir should run for the president ! Great video, thanks a lot.

[@jackdavis8596]

I'm an econ tutor and this video has been very helpful in preparing for my lessons, thank you!

[@sarahfeathers6173]

I understand this so much now !!!!! Whoah in just 5min I learned a whole 45min lesson of class

[@elizaj.4462]

I have taken micro and macro economics, I'm in my third econ class, and i finally understood PPC because of this 5 minute video....

[@PaolaLuna-gu7ip]

God bless your soul oh my god I swear you taught me more in 5 minutes than my teacher has in a semester 🙌

[@gwenkozak8671]

I have a huge final coming up and I need a good grade to pass. This video is helping me so much. I understand almost nothing of what my teacher says. This video makes complete sense and is helping fill in so many blank spots for me!

[@maxeenee]

this just made everything so much clearer !

[@JacobAClifford]

+maxene foong I'm glad I was able to help.

[@yomomgaeeeee3325]

man my tuition teacher couldn't explain this to me for 3 days straight.And sir you did it in 5 mins🥰.Thank you so much for teaching it. Internet teachers like you are a blessing for students. Lots of love...

[@MicahAP514]

I have a final tomorrow and this is saving my life

[@arma4967]

holy shit were in the exact same boat

[@ilovsaw]

armand yazdani Me three

[@egmaalouf]

My final is in 6 days and this is awesome

[@Kobefan217]

Micah P did you pass

[@mohiuddinkhan4069]

my final will be held in march

[@MarouaChibani-f7n]

English is not my native language but I understand the concept that you explained in your video better than in my french class ! You're doing so well ! Thank you !

[@InsertCN]

When he said *CACTI CACTII CAAACTII* I felt that

[@jessicab.7135]

Thank you for your videos! I'm a visual learner who made the mistake of taking an online Macroeconomics class. Your energy level, sense of humor, and clear descriptions are so helpful to me. I've subscribed and will continue to watch your channel as I go through my class. Thank you thank you thank you!

[@beel1952]

Are you my economics guardian angel here to save me in this subject 😂❤️? love the video and can’t wait to use you as my teacher through it all 😭

[@anahgrimaldi6718]

Im taking economics, read the book, attended the classes and still couldn't understand it fully. After watching this video, I got a MUCH clearer idea. You are very much appreciated rn, thank you. LOL

[@Shrugboatt]

It is a little odd paying thousands of dollars in tuition to be sent to KZbin videos for most of my learning...

[@bnc4225]

omg I generally don't write comment on videos but this one literally saved me from suffering thank you soo much!idk why books or instructors cannot tell it that way, it seems so easy when I watched it but before that I was about to cry. thanks again!!

[@zibah650]

Thank you so much! I have my Econ final tmrw! Your explanation really helped me!

[@cedricbansah3051]

I've been in about 5 2-hour lectures and didn't get a thing but your videos saved my life, man! Thanks!

[@crystal1211797]

This is helpful. i have an econ exam tomorrow and I'm totally freaking out, all these freakin' curves I have no clue about. The humor helps ^^

[@asmaaaabm8066]

Hi, I'm from England; and I first saw your videos when I was around 15. And I think, AP is equivalent to A-Levels, here in England. When I had to choose the subjects I wanted to do, I was completely lost. But when I first saw your videos .. Something switched on inside of me. Everything I had learnt from your videos, I had to tell everyone (Some may say I'm very nerdy, oh well) I found it so facinating. At the time, I wasnt even taking econmics, I still had a year and a bit to go! But I knew, your videos were going to be truley useful and have honestly made me so intrigued about the way the econonmy works. All my other classmates, who also take econ, I always recommend them to you. Even my teacher! You are an amazing teacher, and I'm happy your hard work and effort gone into teaching is getting recognised and being valued (I saw your vlog) Thank you so much for making these videos, these videos are very much appreciated :)

[@MetalBuffalos]

you remind me of mark cuban

[@kellandaniel5581]

Seriously, he does resemble him!

[@ibissoooohard]

Omg this video is from 10 years ago but it’s helping me sm.! I subscribed u! I have a econ exam next week and this helps me a lot. Thank you so much

[@Neobeorio]

If I had him as my Economics Professor, I'd attend classes every day, I would've been able to learn so quickly TT-TT

[@getyoueverytimeaaa5976]

I'm here to study for my master for my econ class. your energy is contagious =) thanks from Saudi Arabia.

[@RootsOfBharatvarsha]

Legends are those who are here before few hours before exam

[@ritikaritu2181]

tomorrow is my exam and my class teacher is big no no when it comes to doing her job. but you're so freakin lively and explained the samething my teacher failed to explain in 50+ slides...

[@themask1996]

You are awesome ! You've helped me in learning econ concepts in an extremely easy manner ! THANK YOU. #RESPECT

[@sthastha7]

I watched most of the videos of my course from your channel and went to take my exam. Thanks a lot, I will pass. seriously Thanks, I can confidently say I will pass.

[@rodriguezg100]

why can't teachers be like this??? I need fun teachers not teachers that talk and talk and talk and don't explain shit.

[@jomilojuoluwaseyi8786]

when you make learning so fun you make people understand so quick. Thank you!

[@paulfoo7397]

YOU LOST ME AT "WHAWAW! CACTI!! CACTI!!!" HAHAHAHA Don't worry, my lecturer lost me at "Today we're gonna learn..."

[@Ak_Door-kun]

Lol, the irony

[@AustynTexas701]

Thanks so much! I have an econ quiz tomorrow and I had no idea how to calculate opportunity cost correctly until I watched this video. Thank you

[@megasweity]

Not all heroes wear caps

[@a.z2600]

they wear hats i suppose

[@greentea0956]

Thank you for your hard work I thought I was gonna march into my economic finals with this information memorized against my will. Now I fully understand the concept in a matter of minutes. Thank you so much!

[@bludifulday0101]

For those of you who feel that Mr. Clifford is talking to fast, I have a solution. 1. Use your mouse and hover over the video. 2. Click the setting button which is right next to the Subtitles button that displays "cc". 3. Click the speed button. 4. Adjust the speed to you liking. Give this a like if it helped you and to help other people too :)

[@jaker7335]

I'm in college guys. This man is good. Learn from him!

[@henrykwok-x4m]

My economic teacher really sucks 😅

[@Sky-qy2yh]

THANK YOU SOOO MUCH!!!! I’m learning this in my class but I couldn’t understand what my teacher was talking about. This video helped me learn how to read production possibilities curve really fast and I was able to understand it.

[@user-pk5sz1vq1j]

It takes a lot for me to be impressed, but i wanna say that; you are one of the best professor i have been seen. Your approach is phenomenal!

[@ashburner1404]

Adcd is the answer key

[@allisonblevins7221]

Taking an AP Microeconomics test tomorrow and I'm pretty sure this just saved me. Thank you so much.

[@Cupcake-gg1bp]

I still don't get how to calculate the opportunity cost

[@MrKhanain]

what an incredible method of teaching, love this, a boring teacher with a boring topic leads to super boring

[@sumayarahman9356]

is production possibilities curve (PPC) the same thing as production possibility frontier (ppf)?

[@JacobAClifford]

+Sumaya Rahman Yes, this is exactly the same thing

[@claudiacorr9306]

You are a life saver. I have a microeconomics exam Tuesday and I know nothing

[@katelynfraserr]

Thank you for saving my grades lmao

[@stevenfoster9402]

THANK YOU SO MUCH. I'm taking Macroeconomics right now and my professor has a THICK Indian accent and we don't know WHAT he's saying. I'll be back on this channel often.

[@faridpurparvejsir1414]

Many thank sir again new vebio

[@jakeharrison3124]

Go to 4:45 and skip back 10 sec for a suprise

[@abhiklovesbadbitches]

lol i cant stop laughing

[@zachisosum]

you're literally the best math teacher

[@Alexanderbuilds2001]

I’m so lost

[@nyneishiavora5659]

I am an AP Micro and Macro Econ student my teacher is the worst! He literally just reads from a presentation, that too so quickly, and confuses the class so much! He goes so fast and takes tests on what he taught every day (which counts towards my final grade) if I pass the class (which, now that I have found you, might just happen) it's all because of these videos man...

[@sanfran224]

4:35 lol

[@LukeFennell]

I have my econ assignment on my desk and the first question is opportunity cost... had no idea. so i sear for a video and i found this.... WTF?! kid has some MAD ECON SKILLS YO! felt like I was on a highway to hell watching this. lol. Keep on rocking man.

[@JacobAClifford]

+Luke Fennell Thanks Luke. Once you really get into it you are going to love econ. It is like being Thunderstruck

[@Soulless64]

I hate the fact that he is really good at teaching economics, but at the same time he is such a freaking doofus.

[@JacobAClifford]

Soulless64 Doofus? More like charismatic hot stud:)

[@elitetech7728]

Soulless64 Humor helps us pay attention.

[@TopWorldTalentHD]

+ACDCLeadership I hope that you keep putting these videos out, they are helping me tremendously. I have attention deficit problems and it helps when you talk faster and make random outbursts.

[@jonathanjochem7289]

I think he's sexy! hot econ prof! lol.

[@FrankTBird1]

You, Sir, are a legend. I have exams in two weeks. Thanks for saving my life. Yeeha!

[@joussefabouali4795]

I have it tomorrow wish me luck. Good Luck for you

[@FrankTBird1]

Yes! Good Luck Lad!

[@dantonwilson-swampy7392]

This got me through economics in college, always see it in my feed just want to say thank you!

[@samali6977]

Why can't my 70 year old prof explain this simply... took him an hour and barely anybody understood, lol 5 minutes here and I got it. Thanks man

[@gassiusdave]

I passed my micro econ final thanks to your videos! Onward to Macro with acdc.

[@JacobAClifford]

+gassiusdave Good luck in macro. Most people say that it is easier than micro. idk

[@gassiusdave]

Also, I think Economics needs an update and create sub-imperfect competition categories. Like one for Doritos (any flavor). It's a fairly open market, but let's be honest, the stuff is up there next to insulin demand. On a serious note, does economics chime in on topics like brand loyalty, sales and production ethics, or is that more involved in something like business politics?

[@fragwaves]

my professor took 3 classes each 50 minutes to explain this curve and you did in 5 minute mate

[@sondidu]

OMG THANK U SO MUCH MAN! Tomorrow I have my final exam, and I haven't even studied! Thanks A LOT! Keep on making such great videos!

[@itsjustme253]

I was never understand about economic before and never found out the cleary explanation. After wathced your video I could understand little by little😁😀 Thank you so much for these videos 🙏🙏 I'm preparing to entire university exam, wish me luck ok😉😉😉 Note: I'm sorry for my poor english, it's not my native I'm from Indonesia

[@ll5474]

Cacti!! Your videos rock! This dry and abstract material has been so challenging for me and your examples and energy really help!

[@tenamanliguis9373]

I would have failed my PPC test without this AWESOME video! Thank you Jacob!!!

[@somalilandteachersassociat4563]

great teacher, very brilliant, I never seen such teacher like him who explain like this way,

[@canavarbeusefulforbrainand3261]

You ar one of the super significant Teacher i have ever seen Thanks

[@meganfahrenkrug9426]

My econ professor here is so confusing. This five minute video explained the PPF better than she did in an entire hour and a half class period. bless

[@colinramirez7430]

Thanks so much, I learned way more from the 5min video than 5 whole days of being “taught”

[@ayandas2757]

in your short 5 minute video I literally understood everything which I was not able to from the start of my session

[@leticiagenao8198]

Thank you so much! Way easier to understand than the convoluted way the professors teach it.

[@thisisyourtime6944]

You are excellent teacher. I have seen many videos of economics but you are much better .

[@sujaybhandarkavate219]

one of the coolest professor i've ever seen !!!!!!!!

[@oscarho30]

You are x1000000times way better than my lecturer. Think I’m going to skip my lecture class start from tomorrow