Micro 3.4 The Shut Down Rule: Econ Concepts in 60 Seconds:

[anonymouspeopleunite]

Watching the entire unit 2 periods before my micro test? Oh, hell yes.

[manboylove56]

you finish in 60 seconds too?

i always seem to finish in 60 seconds or less

[Cardoniman]

Well should't the firm shutdown if their Average Total Costs exceed the price despite whether or not the price is above the Average Variable Cost? If the price = how much money is made per unit and ATC = how much money is lost per unit, then shouldn't the determining factor be whether ATC exceeds the price?

[hola34555555]

Thank you so much for doing this!!! Life saver!

[forthepieinthesky]

can u please eliminate the music while u talk, it would be greatly appreciated as it is very distracting. Thanks you soooooooooooooo much for ur videos

[bonec120]

uhhh screw that shutdown rule XDDDDDDDD love this part so funny XDDD thanks for making this video u totally save my life!!!!!!!!!!!!

[blacklord124]

"Let me explain it to you.... in 60 seconds."

-Mr. Clifford.

[higgins287]

totally feel more confident for my econ midterm tomorrow

[nuhguyen]

i love you. LIFE SAVER DAY BEFORE MY MICRO TEST.

[edward123846]

Brilliant lessons. Motivated teacher who passes the motivation to students. I actually enjoy Economics more when I watch you teach it.

[dirtydiamonds07]

Hey, your great at explaining but you should go slower & i love acdc as well, but it is distracting....maybe you can try to put it lower next time!

thanks for your help!

[StitchBeatbox]

with all due respect to mr clifford, and L2xSniper, it was really too fast and the background music was quite distracting haha. but thank you so much for the video tutorial =)

[hhsc]

Amazing! I wish all of my econ lessons were this length! :)

[gkiss1001]

holy balls dude settle down.

[alistevas]

kindda lost here... so the MC = MR is the break even point (no profit, no loss)?

[ny1fanta]

i dont need you to finish in 60 secs, just calm down and explain.. plus its way over 60 secs,,,

[L2xSniper]

@ny1fanta Hmm explain, seemed like he explained the concept to me. Maybe you should watch one of the "slower" professors for slower people. Some of us prefer someone who sounds motivated about what their teaching too, by the way. You're just one person telling someone how to teach. go find a different professor on youtube its that simple.

[TimHowardII]

I had a question about this. I got this graph, but have 5 different MR lines and judge when the business should shut down, and when competition should be able to enter. I know those, but I'm not sure whether a business can stay in the business when MR is

A. Between Break Even point and Shut down point

B. At shut down point,

C. At Break Even Point

D. None of the above