Y2 1) Law of Diminishing Returns

Y2 1) Law of Diminishing Returns. Everything you need to know about the law of diminishing marginal returns
For Products, Services and Bookings visit econplusdal.com
Instagram: / econplusdal
Twitter: / econplusdal
Facebook: EconplusDal-...
End Music: Relax by Peyruis / peyruis Creative Commons - Attribution 3.0 Unported - CC BY 3.0 creativecommons.org/licenses/b... Music promoted by Audio Library • Relax - Peyruis (No Co...

[@adem1000]

Words cannot describe the plethora of love I have towards this man.

[@fort-niteproyoungdae3366]

The king is finally back to save my a levels 🤥

[@gurpreetsudan693]

P

[@rexynator_ytb]

🥲

[@abhijeetnikhate7855]

5 years had been passed but no one can match your level of teaching!!!! Hats off sir.🎉🎉🎉🎉

[@_-FreePalestine-_]

Your videos got me a 92/100 in my A level economics Alhamdullilah

[@carolynhtoon1004]

Everyone should definitely watch his videos! Got my Jan IAL 2019 Econ unit 3 results today, got an A!!! Couldn’t have gotten it without him!!!

[@suriayazahra6921]

Carolyn Htoon how did you prepare yourself for U-3?

[@preciouspearl1640]

Atleast now I understood this part ! I am always confused with this part and now I am having a clear view of this part ! Thank you sir ! 😊

[@sithumrandiya1641]

I got an A for unit 3 thanks to this man's videos 89/100 such a great lecturer ......note down what the econ god says in a book and study the book....You'll ace your test

[@franciscaoliveiradias3413]

Thank you so much for your videos, with them I was able to get an A on my AS level cie, THANK YOU

[@daviddulom8258]

I was trying to comprehend this topic for hours but could not able to do it until I found this video…thanks man❤️

[@naturallyva8957]

This Gives me hope that I will be able to pass Econ. Thank you Dal!

[@adnanalam4410]

I literally do not have enough words to be thankful to you sir. My physical class was pure waste. I've a few more days for my mcq exam, and finally I'm understanding these easy concepts.

[@periwinkle2881]

Short and clear, this video is a life saviour. You have earned a subscriber :D

[@nakkungugertrude1672]

The world need people like you🤝

[@ziaaaaaaa6529]

Saving my life! Thank you so much! It’s very helpful

[@preciousjoseph576]

You have saved a confusing Brian. Thank you!

[@johnschaffer2073]

Great video. You really brought the topic to life!

[@nidabawa4362]

Can you please cover the Indifference curves part too? and how the income and substitution effects has on normal/inferior goods using the budget lines and indifference curves.

[@sharmilaprakash8518]

Thank you for the clear explanation sir. Glad that I found your channel☺️

[@jiggybad2730]

this is the first video i've watched and its really a helpful one. thank you so much man. I was very much behind with my microeconomics. Looking forward to seeing more of your videos.

[@yash_lunatic_waves7816]

This man surely deserve a business class in heaven.!!!!

[@salmanharoon959]

thanks to u ! I am able to prepare for my A2 even during this pandamic

[@BaseballCards35]

Clear & concise. Good job.

[@ajangnico5702]

your explanation is so brief! thanks alot 🙏

[@Slam_24]

Thanks heaps! I used your video to better understand some of the behaviour seen in animals and especially birds when they feed young. This law applies to biology too, and even your own life!

[@gossamerflower3430]

u made it sound so easy thank u father u r my saviour

[@ayashazhar5340]

Dont know how to thank you.. but this is awsome...💯💯🔥🔥🔥🔥. Saving me through AL'S.

[@esraafawzi2383]

I love how u explain this issue

[@shaansapru6676]

the best explanation ever , god bless u bro!!!!!!!!!!!!

[@safianadaf6268]

Also love your videos !! you're saving my a levels

[@makemymarket1772]

You deserve a medal

[@extrospective]

All heil Lord Dal

[@umutdogan1860]

I got an A in Econ because of this guy.

[@bagga786]

Big bro Saving my January exams🗣

[@leroydywili]

Thank you so much for this it really helped me a lot

[@goatmatthew69]

Yo nice and detailed videos man helped me a lot

[@dba6121]

Clearer than the books.

[@chamariaurora6665]

Excellent explanation ✌️ Thank you😊

[@user-xr8pt7ef3s]

U have made my understanding easy 👏

[@justinagen7960]

awesome video! thank you!

[@Dullanator]

My glorious econ king

[@pedrogaleano6722]

Very explanatory!

[@tomyecats2301]

how comes there is no videos on the labour markets in the microeconomic year 2 playlist?

[@ananthabassb3167]

Thanks for sharing. Can this logic be applied in the contact center? and how will the law of diminishing return respond to multiple factor work environment (Example: order booking fluctuation, Skill dependency working environment)

[@starofjustice1]

So it's like when I was managing a pool store, and corporate described every single promotion they had us do as "exciting savings". And how after a couple months I would see those words in the emails, but not really notice them anymore.

[@daniel-vf1ld]

perfect explanation. thanks a lot

[@Uhamigo]

the rennaisance teacher of A levels economics

[@705akhilazeez9]

Sir you are just awesome 👍

[@numaniqbal2261]

Thankyou for your efforts,

[@imaivie]

how did ur minute video teach me more than my econ teacher did in two years???

[@houseofthoth]

Thank You!

[@safianadaf6268]

Do you have any videos on business growth by any chance ?

[@UmarDoesEconomics]

great explanation using numbers dal

[@annaabobusingye4624]

Thank you so much sir

[@shatabdisaha1562]

Do you think that the law of diminishing returns holds every unit of labour use?

[@syedali5699]

Im very beginner in economics. Wish luck...

[@liamhoward2208]

Hello, great content! Quick question, are these economic theory's empirically proved? Or, is it just based off common sense? If so can you point me in what direction so I can read up on it? Thank you

[@hanvour]

I can only quickly divide up to 15 by 3 equal 5.

[@shubhankarkulkarni7667]

Thank you 🙌🙌🙌🙏🙏

[@jamesplummer5637]

Really helpful

[@gideontreaaure2690]

Nice illustration

[@10fcull44]

How does this differ from diseconomies of scale?

[@myrakhan792]

And also are these videos in sequence ?

[@digbijaybasnet6839]

u a real g

[@ingilizcehazrlk9134]

Great

[@phantonomics]

When I graduate, I'll buy this man a bigger white board.

[@BlackSpadeZ]

Can someone tell me why MP cuts AP at its highest?

[@innocentvand]

Thnx alot

[@L74824]

Thanks

[@Mahir75306]

Nice❤❤❤

[@Alast736]

In other words, that just means there is an optimal amount of workers for a predefined working place, and a optimal amount of machines for a predefined amount of workers? if I understand correctly what factors of production are (capital, work and technological progress)

[@RossWasTaken]

CELL - Capital, Enterprise, Land and Labour

[@mermaido12]

Lmao i literally sat and watched this thinking it was the health related one 😭😭

[@yingyun1314]

Thanks！

[@The007asraaf]

you are awesome😝

[@actopzz5989]

what if the firm increases its Fixed FOP (buys more land(in this case ovens)) as it gets more labour?

[@hn6498]

For that they need more space, more land hence representing Long run. This law exists in short run, only consisting of variable costs of production.

[@TubeNan]

thanks

[@saisham4113]

what board is this for?

[@boxeq4670]

thankyou dal

[@myrakhan792]

Do these videos cover the entire syllabus for a level economics ?

[@bretmanfan]

these vids are the basics so yes!

[@AR-ge1oo]

Is the micro year 2 playlist for AQA?

[@ThePaperCreater]

Presumably it's a generic variation that tries to cover all of the exam boards, he has a reply below about it meeting Edexcel and International Cambridge

[@cowji2183]

can you do edquas please

[@mengconghu9409]

savior

[@copelandhd722]

Hey, is this is also in Cambridge International Examinations (University of Cambridge) A level too?

[@EconplusDal]

Yes 100%, the entire playlist is

[@copelandhd722]

@@EconplusDal Thank you so much! You've helped thousands of students! I got an A in AS just because of you whereas I had a C in IGCSEs.

[@sumanchowdhury6162]

Ap is total product divided by total inputs.btw he got X and y axis all wrong. It should be reverse. 😆

[@izusblur]

The quick division ooph

[@khushiarora13]

Is this in Edexcel A economics?

[@EconplusDal]

Oh yes, fundamental

[@aminaramzan8555]

👍👍

[@Meowsers-id2kf]

where have you been all my life

[@pinguwingu9]

Are you VikkStar123's brother?

[@pinguwingu9]

@@cristobal1051 sorry who are u?

[@pinguwingu9]

@@cristobal1051 aight 👌

[@rafathchowdury1968]

bengali brooo

[@la-aihunmekashishamawiong3176]

What is the difference between the law of diminishing marginal returns and the law of diminishing marginal utility? 🤔

[@alexandrademetriou3150]

The basic ideal behind the principle of diminishing marginal utility is that the additional satisfaction a consumers gets from the consumption of one additional unit of a good or service declines as the amount of that good or service consumed rises. Here we add additional variable inputs to a fixed factor of production. This is different because at the beginning the variable input (lets say workers) increase which results to an increased marginal product due to specialisation and utilisation of fixed factors, and then when the work space is saturated each additional worker will produce less than the previous one = less marginal product is added. Hope that makes sense.

[@periwinkle2881]

@@alexandrademetriou3150 Wasn't the one asking the question but I happen to read your explanation and damn they're helpful, thanks a lot!

[@theegyptiansquashchannel1363]

Can someone here send his A-level notes?

[@jazlou]

What is FoB?

[@seongyunhong6579]

Its FOPs (Factors of Production)

[@tivyanmohan5786]

insane

[@mhai3305]

Thank you.... You have such a sexy voice. HAHAHA

[@zahra1455]

The 24 people who disliked this video are shitty lecturers who are jealous they cant teach like him.

[@ogziso]

leng guy

[@Manlikenimz]

Your calculation on marginal product is not clear at all.

[@lynnmokua]

how comes there is no videos on the labour markets in the microeconomic year 2 playlist?

[@innocentvand]

Thnx alot