Y1 23) Negative Externalities in Production & Consumption

[@williamwallace4080]

I used to follow you back in 2015/16 when I was doing SL Econ and you helped me a lot. It feels like it was only yesterday that I was watching your videos but it's been 6+ years and I'm now getting a masters in Aerospace Eng (next year). Thank you for helping me.

[@LouisGaming740]

random question - would you recommend aerospace engineering?

[@bigmo9313]

@@LouisGaming740nope. Worst decision I have ever made

[@emilios_vogue8025]

No

[@sitkhaa]

Honestly every IB student redoing their IA's right now is so thankful for your help

[@Sean-wv1tc]

he used to be my teacher, the best of the best

[@DrThrill]

Hey EconplusDal, saw you on my youtube page after a long time! Just wanted to thank you for everything as i’ve recently graduated with a first in Economics with Finance, wouldn’t have done it without your help through a levels. Best wishes

[@ericrodrigues1600]

im thinking of studying economics with finance. what was the course like and where did you study?

[@nabeelasghar9049]

@@ericrodrigues1600 aired

[@ericrodrigues1600]

@@nabeelasghar9049 ahlieee

[@kev70]

i dont known if u realize this but you are carry the all nations with this channel

[@Thorfinn_editZ1]

😂 literally

[@Ed_Ex]

New DP1 student and our teacher went past positive N negative externalities no better than what the textbook says. Miserable. But this video helps me a lot, thank you for your great teaching!

[@riccardodalseno1595]

My man, you saved my ass! I was so confused when reading the book and this just made sense!!

[@tashev04]

vikkstar lowkey sick at eco

[@_trm_4339]

Racist shut up. Wouldn’t say that he’s Ksi if he was black. Monkey licker

[@xattius4954]

Just plain racism..

[@thekingofweebs9825]

@@xattius4954😂

[@MuhammadMohid-wt3cq]

😂😂😂

[@Thorfinn_editZ1]

@@xattius4954it was a joke, it wasn’t racism bro come on 😂

[@StevenUnboxed]

Never clicked a noti so quick

[@symbiosiswarrobots8666]

still going strong Dal, keep up the good work

[@Chiara_Ilang]

these videos are the ones who's saving my student life thank you very much

[@Marcogoodie]

Srsly the goat here. Life saver o7

[@austinwachira5185]

Thanks, Dal! Huge Saviour!!🙌🔥❤‍🔥💯💯

[@radishdocx]

so his name is dal!!!!

[@austinwachira5185]

@@radishdocx Yes, he is. 😄 Enjoy your Economics study with him. He's a gem. Helped me get a B in my A-Levls a few marks off an A. And even now in UNIVERSITY. 😄

[@radishdocx]

@@austinwachira5185 He helped me get a 7 in ib economics!!! He's so nice

[@herb1563]

This man has endless glow ups😍

[@radishdocx]

omg ikr!!!!!

[@Fjuidhij68756]

@@radishdocxyou’re leng, what’s ur snap?

[@SaicharanReddy-wu1nv]

very good video I understood everything thankyou for making this videos please do not stop🙏🙏🙏🙏🙏🙏👌👌👌👌👌👌

[@sally8514]

Got A in igcse. Great tips.

[@radishdocx]

this is not igcse. stop.

[@PosterityIslesNews]

​@@radishdocxwhy are you so rude 😭

[@radishdocx]

@@PosterityIslesNews because igcse was literally so fun and i miss it

[@mohidakram5337]

Your videos are amazing. Keep up the good work

[@ashrigby1712]

can you do a video on the new economics a level syllabus for this year

[@natanelkarp9826]

The syllabus has not changed since 2015

[@cool-ie4gf]

Will you be going over the advanced information that was given out on Monday?

[@AyaanZahid-jj4mu]

Ur the goat!

[@sachinkaushal4528]

king 👑👑

[@jackhollest3407]

Fancy seeing you here sach😂

[@radishdocx]

ikr!!! he's awesome!!!

[@gamingtimewitheve7229]

4:44 note to self

[@udeebuka4609]

Thanks for the lecture sir

[@khaimanh7779]

You saved my EoYs!!!

[@yungkidlines]

Why is the socially optimum price below the original price for a negative externality in consumption? Surely a higher price would disincentivise the consumption of the good therefore reducing external costs to society

[@ayushhongkong]

exactly my doubt

[@samfitzgerald7951]

@@ayushhongkongI think he might have drawn the price of the socially optimum wrong. At Q* instead of reading the price from the new equilibrium you keep going up until you reach the MPB curve and draw the price from there.

[@iqraahmed7083]

Shouldn't the MSC be Labelled on the right curve instead of the one to the left since it's greater?

[@Official.Sullly]

@@iqraahmed7083 I think because you read of the cost/ benefit line so it has to be to the left to be higher

[@pranav7305]

i love you man

[@kencupid3720]

you are a god

[@radishdocx]

godly

[@harrysurer3936]

Great video

[@Oscar-cb7lg]

Vikstar saved my exam 😚

[@zhenval]

can msc mpc and mpb msb be replaced with supply and demand?

[@kierans_sure]

not for externalities

[@Toivo102]

respect😇😇

[@rizlem8653]

If MSC is greater than MPC why is it more inwards than the MPC? Wouldn't that mean that MPC>MSC?

[@francescom8178]

No, at the same quantity the social costs are higher than the private costs. Therefore the curve is “shifted” upwards, not outwards.

[@aikouk627]

Thks

[@radishdocx]

is your name dal?

[@CandL_Stix]

His name is Virang Dal