Economies of Scale and Long-Run Costs- Micro Topic 3.3

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  • Опубликовано: 3 янв 2025

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  • @02keizer
    @02keizer 7 лет назад +966

    I love the combination humor and good explanation :)

  • @senecahill7243
    @senecahill7243 8 лет назад +688

    Honestly i learn more in your 5 minute videos than i do in hours of lecture lol. You're getting me through College Econ right now man

    • @maishamahmud9623
      @maishamahmud9623 8 лет назад +3

      hahah sooo true! xD

    • @robbykanyinji6802
      @robbykanyinji6802 4 года назад +3

      Exactly, lectures take long but we get nothing 😂

    • @reccielarmond5469
      @reccielarmond5469 3 года назад

      This is sooo true😊😊

    • @alinasmom065
      @alinasmom065 2 года назад +3

      Yes!! He makes it relatable! I created a discussion board in my micro class and shared his video, professors should reference his works more often!

    • @TheStrangeMan13
      @TheStrangeMan13 2 года назад

      this is your economics in college? lord i wish i was there, im learning this as a 16 year old lol

  • @risyaryandy4723
    @risyaryandy4723 9 лет назад +849

    that moment when i already spend an hour to figure out the book and ended up took only less than 5 min to understand by watching this video

    • @JacobAClifford
      @JacobAClifford  9 лет назад +104

      +Risya Ryandy Sorry for the wasted hour, but I'm glad that I could help you.

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      @oabilewmatseke684 8 лет назад +22

      haha white folks are so nice!! i mean you can just apologize for something you didnt do!.. but anyway this video was a lot of help and brought new light,, thanx for being so lively.!!!! other than other lame vids

    • @shubamsharma7359
      @shubamsharma7359 8 лет назад +2

      me too really the for this video

    • @cinderelladavenport5848
      @cinderelladavenport5848 8 лет назад +1

      Risya Ryandy

    • @kaiju_787
      @kaiju_787 8 лет назад +1

      Same here. Best explanation ever for a subject that my level of dominance is low: MICROECONOMICS.

  • @dextermorgan7449
    @dextermorgan7449 8 лет назад +122

    "The Long run average costs fall as more output is produced"
    I think that's a good enough answer for my exam. Thank You!

    • @ProgrammingKnowldges
      @ProgrammingKnowldges 7 лет назад +9

      u are wrong..the long run average cost can increase as more outputs are produced..This is called Diseconomies of Scale..

    • @DTSemaphore
      @DTSemaphore 6 лет назад +9

      i think he meant as a definition for economies of scale

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    @christiancamp1401 5 лет назад +34

    So let me get this straight: you're amazing at teaching AND you have great humor? This must be impossible.

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    @alangarcialand 9 лет назад +404

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      @alangarcialand 9 лет назад +40

      BTW.. You earned my first and probably last comment on youtube.

    • @JacobAClifford
      @JacobAClifford  9 лет назад +55

      +Alan Garcia Thanks Alan. I really appreciate it

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      @@alangarcialand it's been 6 years.... How you guys doing?

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      @@DouglasA26Invader Looks like he kept to his word

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      @@stopthecap4317 indeed

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    @godzilla16der93 7 лет назад +27

    Dude, you make economics look so easy. I always get tired from economics or from reading my college textbook, but you always make the material interesting. I subbed just for you dude, please continue teaching the way you do. I hate economics, but you both teach it well and make it amusing, while at the same time sticking straight to the point of the concept. Thank you!

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    @wrecklessfilmsofficial 4 года назад +7

    I was reading 3 chapters used for Unit 3 and couldn't wrap my head around it. In a matter of 20 minutes of your videos, I understand the whole unit very well. You saved me legitimately a day full of reading. Thanks Mr. Clifford.

  • @hopeandsprite5101
    @hopeandsprite5101 2 года назад +7

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  • @hiteshdora4383
    @hiteshdora4383 4 года назад +4

    This channel is one of the most interesting economics channels..
    Thanks Jacob Clifford for giving relatable examples

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    @cinderelladavenport5848 8 лет назад +1

    You are absolutely amazing. I couldn't have passed Macro with you and I have a 98% avg half way through this Micro class. I have you to thank for it Mr. Clifford. Your enthusiasm and energy help keep me interested and you have a way of explaining an entire chapter in less than 5 mins. Thank you!!!!!

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    @kevin2855 3 года назад +2

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  • @elieogr.246
    @elieogr.246 4 года назад

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  • @maxwelnooyen3745
    @maxwelnooyen3745 3 года назад

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    @pamwendt2273 6 лет назад +1

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  • @jesslocd
    @jesslocd 8 лет назад +217

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    • @JacobAClifford
      @JacobAClifford  9 лет назад +1

      +The Truth I'm glad that you like the videos, but don't forget that you paying for that class. Might as well go :)

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    • @JacobAClifford
      @JacobAClifford  8 лет назад

      +Heidi Wang Heidi, thank you. I'm glad I could help.

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    I have learned more from your videos than I have all semester. Thank you for saving my final ECON grade.

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    @MrWasfield 8 лет назад +1

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    @gunjanjain3126 5 лет назад +1

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    @mostafaabdelnasser8969 8 лет назад

    am sure who dislike this video are our professor ,
    because most of them cant explain like that ,
    actually am graduate from commerce college and have master in business and never hear one explain like you ~ Great

    • @JacobAClifford
      @JacobAClifford  8 лет назад +1

      +Mostafa abd elnasser Thanks I'm glad that it makes sense:)

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    @22D011AROCKIAVIMALJAPSONA 11 месяцев назад +2

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    • @JacobAClifford
      @JacobAClifford  11 месяцев назад

      I'm glad I could help. Thanks for watching.

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      @abdullaalturabi6526 6 лет назад

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    @lilyshamanova5941 8 лет назад

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    @rodneychilufyakanyense4916 7 лет назад +1

    Great!! understood the concepts waaay better than i did in class. way to go man!!

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    @ABC2691 7 лет назад

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    @esraaalnaqeeb4811 5 лет назад

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    @shwetas_buddiesrock722 5 лет назад

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    @ismaelnietocampos4208 9 лет назад +1

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    • @JacobAClifford
      @JacobAClifford  9 лет назад +1

      +ismael nieto campos I'm glad it make sense.

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    @rylanfersieck2171 6 лет назад

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    • @JacobAClifford
      @JacobAClifford  9 лет назад

      +XxcHiLiPePpErSxX I'm glad I was able to help. Good luck on your exam and please subscribe and tell your friends;)

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    @JessicaEBowen 2 года назад

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    • @JacobAClifford
      @JacobAClifford  2 года назад

      Glad I can help. Say "Hi" to your students for me

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    @thangduong7117 8 лет назад

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    @brendan9822 8 лет назад +1

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    @s.m.2607 Год назад +1

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    @abdulazizkwakudaniel2502 5 лет назад +2

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  • @MajorasMaskMailman
    @MajorasMaskMailman 9 лет назад +2

    I remember hearing about economies of scale when I was in macro, but I never understood it until now. I really liked the examples used in this video. Very interesting.

    • @JacobAClifford
      @JacobAClifford  9 лет назад

      +MajorasMaskMailman Thanks. The classic example is an electric company but that's kind of boring:)

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    @FalseZer0 4 года назад +1

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    @user-bb3ci3gn7s 5 лет назад

    3 minutes 54 seconds well spent :) Thanks Mr. Clifford

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    @mariamihab 3 года назад

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    @LandlordNebula 7 лет назад

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    @kylabiancamamites5352 3 года назад

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    @shensley011 7 лет назад

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