2nd)a question: how can you mathematically find the exact deadweigh loss in a monopoly,in an exercise with the q=a+bp and MC=c given?Is it [AR-MC]*[Qpc-Qm}1/2? where Qm,pm at monopoly equilibrium and Qpc at Perfect Comp.[i find Qpc via AR=Mc i guess). I just came up with all this,please tell me if this is the way to calculate it? Is it the same in a cartel?
Excellent! Simple and clear explanation without unnecessary use of jargon that will hinder learning. Also received a great explanation of consumer and producer surplus. Got a little sick from the moving camera, though. :)
Wow, I actually understand this now. All the other videos either were too long or just didn't help.
Thanks!
chatcentral 1 week ago
This has been flagged as spam show
1st) awesome job
2nd)a question: how can you mathematically find the exact deadweigh loss in a monopoly,in an exercise with the q=a+bp and MC=c given?Is it [AR-MC]*[Qpc-Qm}1/2? where Qm,pm at monopoly equilibrium and Qpc at Perfect Comp.[i find Qpc via AR=Mc i guess). I just came up with all this,please tell me if this is the way to calculate it? Is it the same in a cartel?
Thanx
janellsiss 4 months ago
whats up with chincs doing all these econ
TheGuybensimhon 5 months ago
hahaha consumer 'supus'
MTran0708 9 months ago
Excellent! Simple and clear explanation without unnecessary use of jargon that will hinder learning. Also received a great explanation of consumer and producer surplus. Got a little sick from the moving camera, though. :)
geoxlee1 10 months ago
you would be asian
1122maclnath 11 months ago
well done sir ...thx really alot u helped me alot
MrIntothewild2010 1 year ago
Thanks a lot
corvettez06c 1 year ago
thank you so much :)
omimako 1 year ago
thanks a lot
McaerAmon 1 year ago
weren't you my delivery boy?
redarrowhead2 1 year ago
Thank you!
MsCeciliav 1 year ago
So helpful, finally someone who can explain it in 3 min, without missing anything, and still I am understanding completely! Thank-you :)
maria1fantasia 1 year ago
trust the accent!!!
D3California 2 years ago 10
Thank you
TheOsoriver 2 years ago
this is deadweight loss in relation to a tax on production right?
hopkin104 2 years ago
as a fellow asian, I love the accent. And the explanation was very clear and concise! Thanks!
jhu1986 2 years ago
Thank you! :) finally understand DWL... where r u from? heh sound like a PRC
aphoon 2 years ago
Good Stuff, keep on making more economics videos! You have a good grip on the subject.
mkapa6 2 years ago
thanks this is very helpful
tejovamsi 2 years ago
your accent is cool
ma3828 2 years ago
hmm nice.. very helpful
umar650 3 years ago