Visual explanation of Production Theory, Total Product, Average Product, and Marginal Product of Labor used in economics classes. This is the first of three videos on the play list. Like us on: / partymorestudyless
Great Video! - Easy to understand examples - slow enough to comprehend material / fast enough to not drag out - GOOD VOICE (So many videos use robotic voices) Thank you for helping with my homework! This was much easier to understand vs. my textbook!
Ashley West Nice to hear my videos are helpful and better than textbooks. If you get a chance like on FB (www.FaceBook.Com/PartyMoreStudyLess), share, like the videos, and subscribe. It helps others find the videos.
This has made my life so much easier. I am an A2 student who found economics quite difficult but your tutorials have made it so much fun for me to go through. Thanks a lot.
issuing a thanks on behalf on all students struggling with microeconomics and who then understand the ideas a little better through accessing your videos
Thank you!!!!!! It's AMAAZING that you explain in 8:48 what my teacher takes like 4 hours (2days) in explaining.. and in a better and understandable way! :D
i wish that i have more self belief and courage 7 years ago..to trust myself more to believe and not be handicapped by fears and outside perceptions...now i can see things in correct perspective
Marginal Product is the slope of the total product curve. This means the slope of the total product curve is less than the average at that point. Another way to think about it is, the rate of change of the total product is less than the average product. Each additional unit of labor contributes to total product, but less than all other labor contributed.
Mr how to know the relationship between the signs of the marginal product of two factors (labor and the other factor that is fixed) please I really need the answer before the exam :(
Thanks! Appreciate the feedback. I noticed you were in Botswana (I am in Kansas City, USA). I am curious to know the school you attend there. Make sure you like MyBookSucks on FaceBook. You can find the link in the video description. Best Regards
Wow! Thanks for great feedback it is much appreciated. Make sure you tell your classmates and your friends about MyBookSucks and like us on Facebook too (link in the description of video). Thanks again.
thanks for the compliment. Make sure you like MyBookSucks on Facebook (see link in video description) because it helps get the word out about the free videos.
Good luck in your studies. I imagine the weather in Canada is much different than in Botswana. Again, appreciate the feedback. Tell your friends and help me spread the word.
Hey David! U r d best... Ur teaching is mind blowing.... It's AWESOME.... And I think 'THANK' is not d word, bt anyways thanks a whole lot.... And the best thng I lyk in u is ' U r so interesting ' and it's FUN 2 watch yo vedios.... Love u!