Long-run Average Total Cost and Economies of Scale

Подписаться 97 тыс.

Просмотров 82 тыс.

50% 1

This lesson distinguishes between a firm's short-run average total cost and its long-run average total cost, and explains how economies of scale may help a firm achieve lower average costs as it increases its output in the long-run.
Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! econclassroom.c...

Опубликовано:

8 сен 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 42

@robbyjones8906 9 лет назад

Jason Walker you're the man, going to make me pass my Econ exam worth 30%, thank you for doing what my econ teacher could never do... teach me

@Bentami 4 года назад

I like you Mr. Welker, nice concise explanations. My $100+ textbook cant explain it at all. I always end up back here where your explanations instantly click.

@enragedenglish 2 года назад

Wow that was such a good clear explanation. THankyou so much!

@amandagezahegne7038 4 года назад

you are awesome!!!!!!

@evangelisttbere 3 года назад

A great teacher. i was struggling

@szhaloyu Год назад

Thank you so much! This cleared all my doubts on LATC

@daryagholami9725 4 года назад

this topic was perfectly clarified for me thank you Mr Welker

@Team4640 10 лет назад

you are the best jason walker!!

@nitikadesai7976 3 года назад

Thank you, the video is as awesome as you are

@amirestebari1470 6 лет назад

Wow..I had a lot of difficulty understanding Long-run ATC before watching your video. But now, it is super clear for me. Thank you!

@anupamagopinathan2507 7 лет назад

You are amazing. Thank you for this especially for the historical example!!!

@freddyflores6608 5 лет назад

Great work, you know when someone has expertise in its field.

@ingays 12 лет назад

Great video! It was very helpful thank you

@waqasahmad6111 5 лет назад

Thanks for lucidity of this topic. Thank you very much again

@vinayak186f3 4 года назад

One word - AWESOME🔥🔥🔥🔥🔥 , Thoroughly enjoyed the lecture , thank you 👍

@sumanthadlagatta 9 лет назад

very much thanks to the jason I understood very well about this topic after listening to this video

@akankshagupta5494 4 года назад

thank you Jason :)

@keotshepilemandona9882 6 лет назад

wow with your videos i understand better ..because once i using a textbook it took 2 hours to cover this work ..but noe am good

@medobahri6177 4 года назад

thank you very much this will help me pass my exam

@realdvgarg 4 года назад

I hope my IB Econ paper is marked by you (if you're an IB Examiner) because I'll know it's in the right hands.

@021aminul 2 года назад

Damnn!! You're so awesome!! Thank u so much❤️

@iffahsamsir4396 6 лет назад

Omg youre a life saver ! Thankyou so much 🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️🙆‍♀️

@saimakhalid8076 8 лет назад

every time when I watch ur videos jason to clear all of my concepts the starting song always force my children to dance...

@cahi8501 4 года назад

Me welker, you're really good.

@AnaGraceSaab 10 лет назад

jason, i do appreciate most of your videos but i need to clarify something, base on the above video, economies of scale/diseconomies follows increasing returns to scale/decreasing returns to scale?as i've known, the former measures cost and output and the later relates inputs to output.

@abdimajidogle9439 8 лет назад

Thanks you jason

@saimakhalid8076 8 лет назад

hello Jason thanks for ur response.I am preparing for a competitive exam and I need ur help to clear my concepts.can u please explain the revealed preference theory in detail through a video.

@skyzoom2488 7 лет назад

Great.

@SaggRonn 11 лет назад

veryyy helpfull indeed! i dont even feel the need to go to classes anymore! LOL

@sphelelesanga569 10 лет назад

thank you very much!

@kahlonladhamunda3589 8 лет назад

God bless you professor,you are great .

@000grga000 12 лет назад

The video is pretty good,but in my book (Pindyick & Rubinfield) they explained that: Inreasing returns to scale-output more than doubles when the quantities of all inputs are doubled Economies of Scale-a doubling of output requires less than a doubling of cost It's not the same