Understanding the relationships between Total, Marginal and Average Product 

You've made it so simple to umderstand, thanks a lot😊

SOOOOO helpful even 7 almost 8 years later. Ur the best

@zeroizhar Marginal product is the change in total product resulting from each additional worker.

First time i have ever commented on a youtube video. Simply Awesome. People! I know this concept is confusing but if you just give yourself 18 minutes this guy could clear all the questions you have but again you gotta be paying attention. Thank YOU SIR

when plotting marginal product shouldn't you plot the points at the half way point between each level of factor input?

Finally the legendary class came to an end.

Explained very well.Thank you very much.

First time I'll comment on RU-vid This is simple, straightforward and clear, thanks really appreciate

You are a really good lecturer. I learn a lot from you. Thanks so much.

OMG! This was excellent!!!

making paper chains in an economics class!

wonderful explanation , thanks❤️

Thanks for the explanation 🙂

The intro was great

Oh my god thank you so much!! I wish I looked for this video 4 hours ago while I was going through all the notes and the book 😩

Love the practical examples, explanations are not technical and this makes it easy to understand. thank you!

nice explained, thanks a lot!

You should teach our teacher to teach us like your teaching. You are great teacher sir

The magnet example is a perfect explanation! Thank you so much.

very very very very helpful.

Love from Bangladesh.Also thank you very much sir

Very helpful, thanks for the informative vid.

Why did you not talk more about the dots ? instead of going fast over them w

Mmmm you are good , this is my first time commenting on learning videos

You you didn't explain how exactly you plotted mp and ap🙄

nice

Thanks

W lecture. Thanks for this video!

Thank you for well explanation🙏🙏

How did uh took tht tp total product number 🤔

for marginal product when you increase from 0 to 1 worker why don't you plot the points at .5 instead of 1, etc? the MP only occurs at the midpoint between them

This is excellent, thank you!!

you are the best ! i finally start to love Economics

Thanks for the lesson it was understood

thank you!!! i am self learning and was so CONFUSED but after watching this I understand!!!!

you mean marginal profit , avg profit and total profit and not product

@valenzc3 Total product is the presumed output of the firm. I made it up.

Thank you a lot . Your expanation will help me for my economics exams

Tqvm sir may God bless you

1:00 Child Labour

thank you this is so helpful!

thank you so much!! wish i could attend your class in real life!

You are way better than my college professor omfg

This video helps me a lot , Thank you so much sir

Which song was in starting? 😁

In graphing the sets, i noticed that the scale in the quadrant in x axis, for every 1 unit is marked 1 and additional 1 progressively, but in the y axis with the same or equal value of unit it is marked 2, and an additional 2 progressively. Is scaling in graphing this sets matter.?

nice! i understand it now☺☺

thank you for the video! this made it much easier to understand!

Please explain in Hindi medium

woow so nice ur big thanks because I am not find out AP

When I read 2012, I think 2 years ago not 8.

I wish you were my professor

Awesome video. Recommended.

Great explanation sir, thank you.

very helpful, best 15 minute power nap ever

doesnt TP start falling only when the MP is lower than the average?

Awesome explanation!

beautifully explaiend

Very nice and I love this final to studies economic

Thanks for clear explanation. Arigatu !

Nice explain, tnx

Good teaching

thank you sir

OMG, YOU SAVED ME !!! THANK YOU

Very helpful. SALAMAT PO!

Cool vid, would you end up hiring 4 or 6 employees?

I like you my brother! Thanx

Thanks again

Very nice explaination and thannnnnnkkuuuu sooooooooo much

Awesome video....thank you

This was so well explained !

Very good explanation. Thank You

You're the best.. Thanks professor

ty :)

It's ok

thanks alot good explanation

could u please do exchange rates

you are life saver even 8 year later

SPECIALLY THANKS

"i use my students as labour" AHAHAHAHA comedic gold i must say..

Hii

thanks

how do you get marginal product sir?

thanks

Oh my.. thanks a ton!

thank you a lot you help me

good teaching

9:06: hardest part

how do you find TP (output)?

excellent explanation :)

Thank You!!!

Amazing tutorial sir!

Thank you mate!!!

nice

Thank you

Man, you are good!

tnx ^_^

9 years :D

Prof. Welker, your idea to get your students to make those paper-chains was very innovative indeed! I have a question, though: As you increased the number of students, did they work on the *same* paper-chain that was started by the first student, or was a *new* paper-chain created every time that a new student joined the "workforce". In other words, was there *one paper-chain that kept getting longer* with each student who was added to the workforce, or did the *number of individual paper-chains* increase each time a student was added to the workforce? Thank you!

really thank you I was lost and couldn't understand any thing ,really appreciate your efforts