Consumer surplus introduction | Consumer and producer surplus | Microeconomics | Khan Academy
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- Опубликовано: 4 янв 2012
- Consumer surplus as difference between marginal benefit and price paid
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my head is going to explode
shinchiwarrior I'm taking a advance placement economics and I have a test tomorrow morning #ripbrain
Then go back to your humanities books
I feel u bro. lol
agreed
I have already blown by studying economics all day
I didn't pay attention all year in Econ and I just learned the whole damn thing in like 30 minutes on Khan academy
I’m currently doing an MBA course and your videos have honestly helped me so much in getting to grips with the economics module. The explanations are so thorough and have been making it so much easier to wrap my head around the topics at hand. So grateful !
you are stupid if you are taking mba and cannot even self learn such basic concept
= "Khan academy offers higher utility per 60 seconds than 60 seconds of time in class."
I'm a law student at the first year but we have economic lessons too and my teacher is USELESS. Not to mention that we work with a quite advanced textbook (at least for us law students that don't want to deal that much with calculations). I was feeling so stupid because I couldn't understand the book, neither the problems but Khan Academy just saved me. These videos make me realize that I'm not stupid to understand economics, it's just that I need to have someone to explain things simply and carefully. THANK YOU KHAN ACADEMY❣
4 years has past, did you become a lawyer ?
1.) skip class
2.) watch 10min vids from khan academy
3.) Profit!?!??
Very true, classes are extremely inefficient when the concepts they put forth are this basic
I can tell you I didn't get a consumer surplus by signing up for this class
Sal, how on earth do you have the motivation to learn so much!?
Thank u so much for your service......you've been a life saver
I AM LOVING THIS ITS REALLY HELPFUL THANX
This is a good introduction. For those who need more information on how to calculate consumer surplus, we have created an additional step-by-step tutorial on our channel.
Thanks, that was really helpful!
Not all heroes wear capes
thanks for your video
hey khan could you please link to the next and previous video your videos series, it gets kinda confusing.
thanks
excellant
Is marginal benefit = consumer surplus and can we use the term interchangeably?
@khanacademy again sorry, our should we look at the slope of the demand curve, until it reaches a points or the marginal benefit is still positive, until it reaches a stationary point?
why is there a consumer surplus (gain on the side of the consumer) if they've paid 60 000 for a products which's price is 30 000?
i also confuse, i suppose it have to be a gain for the seller side right ?
60,000 is how much they value the good; at equilibrium they end up paying only 30,000. So there's a gain of 30,000!
Anything that will propel towards graduation and a better life.
My final is today for economics. Please save me Khan.
How did that final go
@@brendanm7059 asked 5 years later hahaha
make some advanced function video
@jappanpreeti nope, it's not.
Which video came before this one an which comes after? I'm kind of confused..
Before is marginal benefit and after is producer surplus.
@@ACoTMify Bro! Had you been here 5 years ago, he would not have left the course.
Im so confused on why the consumer surplus is 60k meaning they got that much more in benefit. To me it sounds like theyre overpaying it?why is this a benefit?why is it a "consumer surplus" if it's the seller getting more $?
So confused.
@hugodsa89 Prices determine costs. If you arbitrarily decide what your costs will be (just enough to pay ourselves, you say) society will be more poor. Note how government produces things and costs are incurred to produce those things, but no one buys or sells them. Instead they are paid with taxes. Whereas the marketplace determines prices through buying and not-buying things. Note also government is brutally inefficient but market is gloriously efficient. There is a connection.
@khanacademy if we take into account what is our costs of production and produce just enough so we can pay ourselves, wouldn't it be the best a welfare society? or apply it to companies owned by the governments, so generate a higher welfare
I love you sal
They overpaid more than they needed to for a perceived 'marginal benefit' in respect to their value of the car.
😩🤯🤯
first
good thing i'm not procrastinating because i have no idea wtf this is.
Didn't understand this part at all, somebody please explain.
The next is total consumer surplus, hello from 2018.
@@mythofreadiness2213 oh I see, thank you from 2019
@@azrieldaffawibowo9105 thats intresting thank you from 2021
@@vikyathshetty9770 2021, that's cool. Thank you from 2023
Easy to understand but feels like incomplete information
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