4.11 Monopolistic Competition in the Long-Run: Econ Concepts in 60 Seconds with AP Economics Teacher

[4ourTimber]

i wish my econ prof is like u.....

[skaterchiica]

hahaha you're funny, and amazing! i LOVE your videos, you have no idea how happy I am right now!! thank you so much! you're freaking amazingg!! wish you were my teacher! seriously. come to HK.. now? thanks :)

[mrtsunny]

cool dude.

[exile190]

WOW very helpful you explained it better then my professor do you have a video on game theory?

[notadumblond9]

WHERE HAVE YOU BEEN ALL MY LIFE?! I have an Economics final in a few hours and I'm stuyding by watching your videos. Thank you so much!!

[garrettjohnsen]

Everytime I watch your videos, I get a "Ohhh! I get it moment!" I wish you were my teacher.

[khado20]

without your help ... i wouldn't understand anything about this eco 101.. you are amazing teacher.. i wish you were my teacher... you make life easy in my first year university

you will live in my memory and my heart forever no matter what .. thank you trillion times

God bless you Mr. clifford

[zachattacknao]

ANOTHER BONUS ROUND!

[SurfStefGoldCoast]

I could swear MR has to go through the axis?

[nsmith123456]

You mastered teaching kids! now you should help us all out and start teaching the teachers how to teach!

[Tacoma3243]

Dude you're awesome. I'm taking an intermediate micro class in college and this is super helpful

[bamboneski]

you sir are outstanding..im taking micro and im struggling with the graphing a little but after seeing your videos im re-interested in thos stuff!!! im actually excited to go to class because ive learned so much...thanks !!

[phuongywoungy]

thanks so much! =D

[danikoz]

ur videos are awesome! do you have anything on game theory?

Thanks!

[kirkBadrianO101]

what school do you teach in.. im gonna change for you :)

[dangTree]

Amazing. I love this man.

[jrock1242]

Mr. Clifford! you are sooooo amazing! I saw one of your videos for the first time 4 months ago and I just built up the courage to tell you how I feel. Ever since I saw the video you have been in my dreams every night. You are such a great teacher and YOUR STUDENTS BETTER APPRECIATE YOU, because I do <3. Can you supply your love because I DEMAND it, there is no substitute for you! We could compliment each other! See how much I've learned from you! We need to be together!

[ACDCLeadership]

Funny! Which one of my students is this?

[24frannypack]

@ACDCLeadership My econ teacher is head over heals for you hahaha. In all seriousness, you're way more help than my teacher.

[jrock1242]

Mr. Clifford! you are sooooo amazing! I saw one of your videos for the first time 4 months ago and I just built up the courage to tell you how I feel. Ever since I saw the video you have been in my dreams every night. You are such a great teacher and YOUR STUDENTS BETTER APPRECIATE YOU, because I do <3. Can you supply your love because I DEMAND it, there is no substitute for you! We could compliment each other! See how much I've learned from you! We need to be together!

[yinnd]

Thanks so much! I learn a lot from this short video! Thanks!

[QueenBlond]

but i though monopolistic comptetitive firms make a loss in the long run..here they are just making a normal profit..or is that how it should be?

[bondjames974]

you are awesum sir!

[perei176]

awsome teacher!! i wish you were my uni prof!

are there any notes available for print on these lessons? if not, it is a good idea!! :)

[Pearldivaz]

Classical mistake is the best part.. thnks a lot for showing it coz it'll help us all !!

[ukprincess100]

question...why would a firm want to hold back production is could produce more at a lower cost...in other words..why would a firm allow for excess capacity

[entertainity]

@ukprincess100 because when less is supplied, the price rises. and due to the market structure of monopolistic competition (brand loyalty, slight barriers to entry, differentiation of product...), other firms cannot simply take away this firms' market share. As seen on the graph, more profit can be made by artificially keeping output low. Also note that if the firm produced at any other point on the MC curve, ATC would be higher and the firm would therefore make losses.

[ukprincess100]

OMG YOU ARE SO AWESOME!!!!! i love the energy and the simplicity...only if all teachers could be like this! you are my new hero!

[perei176]

@ukprincess100  i AGREE!!! :)

[TilmanvH]

Thanks so much!

btw, you remind me of Vince Vaughn!

[xjbaby43]

i love your energy, but i feel like you should slow down because youre talking so fast that its hard to grasp what you are saying. when you said why MR is under the D curve, you spoke so fast and didn't really explain why.

thank you for posting

[Romeowasbleeding1]

Lol... had a few beers before bonus round 2# Mr Clifford?

[Hcooper2001]

This is awesome!

[fireflies92]

you basically saved my life. thank you so much.

[DimakArkanian]

This is terrific, if only because the information is so compact. In most places you have to slog through a bunch of different pages (or walls of text) to get at the same stuff.

Good show.

[cbwiifey93]

Ild love to have as an Econ teacher man! Awesome videos!

[sandiegolover1]

Mr. Clifford! You rock!! You are such an awesome teacher! Hinda

[shadowkitty1988]

Thank you for this video! Unfortunately, I've made the "classic mistake" more than once, but after seeing this video--I now know exactly what I've been doing wrong. My teacher tried explaining, but it made me even more confused. Your quick, less-than-a-minute explanation was all I needed.

Thanks! :)

[mattye19992]

brilliant video. thanks a lot

[baljondher]

He isn't funny at all? just informatie

[jym1021]

this guy is seriously so funny.