Y2 5) Long Run Costs and Returns to Scale (LRAC)

Y2 5) Long Run Costs - LRAC. Everything you need to know about Y2 Long Run Costs - LRAC the long run average cost curve
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[@kutlo777]

Best video on Economies of Scale😔🙏🏽I literally didn't understand the topic and knew everything at the end of this video. In just 7 MINUTES!!! 🔥 🔥 🔥

[@mandemtings]

I wish you were my teacher irl

[@shrutiupadhyay5013]

Irl?

[@westerntools4602]

@@shrutiupadhyay5013 In real Life*

[@oaqutc]

THIS IS THE CLEAREST VIDEO I'VE EVER SEEN IN MY LIFE EXPLAINING LONG RUN AND SHORT RUN AND SCALING I UNDERSTAND ECONOMIES OF SCALE PERFECTLY NOW GREAT JOB ECONDALPLUS

[@XMegaJuni]

Brilliant, thank you for putting this detailed explanation for free. Bless you

[@moongyunglee4022]

very clear on point! way much better than any other videos I have seen before.

[@perillam8360]

Got so confused in school lesson, but finally understand it in your video!!!

[@kindlove1346]

Thank you very much. Well enough explanation. Better than my actual teacher.👍👍👍👍👍👍. Hoping and full confidence to get A grade.🙂🙂🙂🙂

[@la-aihunmekashishamawiong3176]

You are an excellent teacher.. 👏👏👏..... Your teaching is crystal clear.

[@randomhuman5208]

You're the reason why I got an A* for cons unit 3

[@user-wp7ow2gj6s]

So helpful during my a-levels even though i didn't take the exam (2020 graduate) the knowledge i gained is really helpful now for my econ module at uni! Coming back to these to clear things up - best teacher!

[@thesnackbandit]

What are you studying/ did you study?

[@boxeq4670]

thankyou again Dal! really well explained this

[@sararajpoot8329]

Greatly Explained
👌👌

[@adem1000]

Excellent video. You're a legend Dal

[@jillk6177]

very helpful thank you !!

[@Resanessa]

finally!!! a video that makes sense.
THANK YOU

[@PAHart-dg8bl]

Seriously underrated!Thank you

[@playershotzzz2890]

U revised for exam?

[@alexfarrugia7935]

YOUR SO HELPFUL

[@theophelouszilole9002]

You are helping us alot 👏👏☇☇🔥🔥

[@tasha9162]

Best teacher ever

[@lynnmokua]

Thank you sooo much

[@vaishaliajmera4172]

superb!!

[@kevinghasemi6987]

pause at 0:00, when you open the exam paper and nothing you revised is on there

[@euanscott6386]

this made my day

[@benjaminsibson4265]

Euan Scott hahahahahahahagagahaggahahahahahahahahahahahHahahahhaahahahahabahahhaahhaahhaa

[@PB-xr6yi]

🤣🤣🤣

[@thingssshappennn]

does not work for me(((

[@RachelKGreen]

LOL

[@imaivie]

I love u... my teacher could never.

[@WillRayner]

I love you Dal !!!!!

[@kiririnakotoka8202]

Thank you sooo sooo much sir

[@nobuhlemasuku]

Thanks teacher

[@nalini78]

Thank you so much Sir

[@alexfarrugia7935]

i LOVE YOUR VIDEOS

[@digbijaybasnet6839]

u a real g

[@dipakrajputt]

Easiest Explanation! Your accent is American and you have Kalawa in your hand. Jai Shree Ram guru ji! Nice Explanation thank you

[@sumangalgandhi4608]

very good explaining skills, detailed knowledge. do u have IB economics year 1 & year 2 chapter wise videos list to go thru ?

[@isabella7131]

Thank youuuuu

[@alexfarrugia7935]

THANKYOOOOOU

[@rejuvenatedsoul1016]

Can you please make a video on why/how LRAC curve is derived from SRAC curves? Please !!

[@rishabh5750]

LRAC is the minimum line of all the SRAC's

[@rishabh5750]

ruclips.net/video/URIjtaP6SPk/видео.html if youre still confused

[@alexfarrugia7935]

YOUR SO CLEVER

[@091A1LeeXuanHong]

May I know what is the difference between Economies of Scale and Returns to Scale?

[@Venuk]

Economies of scale is when long-run average cost decreases as a firm expand. Returns to Scale is how much output changes in response to changes in inputs.
Bit late but there ya go (:

[@naveedbaba94]

Sir in case Constant return LAC curve is which shaped

[@noxolona1076]

How do you get percentage change in Input amd and output in the table?

[@icthakidd1040]

did you find out?

[@hussainmiah2461]

Trims doings bits still come on family

[@Chandu-1713]

I can't understand how to calculating % of input,And output

[@Jellybeanisme]

for the first level of output- 3000,
he added the capital and labor taken to produce in order to calculate total inputs used (150 Labor and 20 Capital= 170 total inputs
he did the same for the 2nd level of output as well-7500
(300 Labor and 40 Capital= 340 total inputs)
then he got the percentage change in inputs (the difference between the total inputs divided by the original/previous input level into 100)
(340 -170= 170 (the difference)/170 x 100= 100)
100 is the % change in input level
for output
7500-3000=4500 (difference in the first two output levels)
to get percentage change
divide the difference by the original output level into 100
(4500/3000 x 100)= 150 is the % change in output level.
Hope this helped :)

[@DarkKnightLives]

What numbers is he reading?

[@okumhlophe]

Bruh. 03:30 Like I'm really enjoying the lesson but wth is going on there?

[@sp1052]

Are you Indian??

[@AGC-UL]

british indian

[@denizarslan7051]

Thank you so much ❤️ you are the best economics teacher I've seen.