Costs - all 7 explained - TFC, TVC, TC, AFC, AVC, AC and MC

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  • Опубликовано: 5 фев 2025
  • Explaining what all seven costs are plus how they are calculated, using worked examples.
    econ-made-easy.teachable.com

Комментарии • 233

  • @notexactly8252
    @notexactly8252 3 года назад +133

    My mind exploded, of full understanding, when you put the numbers of all the total fixed costs. thank you for making this REALLY easy

  • @sufyanmumtaz5927
    @sufyanmumtaz5927 Год назад +30

    Hazrat Ali (RA) said once: “If a person teaches me one single word, he has made me his servant for a lifetime". Respect for you Ma'am, I am able to learn these basic concepts
    very easily.

  • @rytas
    @rytas 4 месяца назад +3

    Thank you so much! Something was not clicking all the way - until I watched the video. Great, simple, and effective breakdown of the costs and how to find them!!!

    • @ingrnomics
      @ingrnomics  4 месяца назад +1

      Thank you for the nice feedback - and happy it was helpful:)

  • @avinashjoshi7871
    @avinashjoshi7871 10 месяцев назад +1

    Thank you so much for explaining this in a very simple manner! I was searching for this explanation for ages!!!! Finally found one that I can understand!!!!!!!!

    • @ingrnomics
      @ingrnomics  10 месяцев назад

      I’m so glad it was helpful😊

  • @cempronshaneereyne7457
    @cempronshaneereyne7457 Год назад +15

    Your video really helped me to cope up and understand this topic because I'm not able to attend my class discussion about this. Thank you so much for making it the easiest explanation.

  • @nickiadawson6676
    @nickiadawson6676 15 дней назад

    Thank you so much! I was having a hard time understanding marginal cost, but this video made it so simple

  • @kaylascott7211
    @kaylascott7211 2 года назад +5

    Super helpful. I've used this video multiple times while trying to complete my homework and quiz's

    • @ingrnomics
      @ingrnomics  2 года назад

      This is great to hear - thank you and I’m glad it’s helped:)

  • @sallyjallow2868
    @sallyjallow2868 2 года назад +4

    Thank you so much, why am I seeing this now, after struggling almost a whole semester 😊

    • @ambersingh3175
      @ambersingh3175 9 месяцев назад

      in my 7th standard it comes on an exam but i forgot so I am watching again

  • @workenehtadesse5944
    @workenehtadesse5944 9 дней назад

    Thaks so much .... i have an economy final and idont understand anything but by helping you i understand tks so much mr.s i appreciate you i like and subscribe your viedos .

  • @ryanchiwade-rh9mm
    @ryanchiwade-rh9mm Месяц назад

    Honestly this has really helped me. Thank you so Much.

  • @paifonpongmee9135
    @paifonpongmee9135 5 месяцев назад

    thank you so much for making it clear. i've been stuck on calculation for a week.

    • @ingrnomics
      @ingrnomics  5 месяцев назад

      My pleasure and I’m so glad it was helpful:)

  • @orlanengoua7365
    @orlanengoua7365 3 года назад

    I don’t know why this video has no comment. It just help me so much ! Thank youuuu

    • @ingrnomics
      @ingrnomics  3 года назад

      Thank you for your nice comment:) the comments were switched off!

  • @ndexthecreator
    @ndexthecreator Год назад +1

    Thank yu so much your vid very useful o ruta mnate sahn❤❤❤

  • @perezgrace1984
    @perezgrace1984 9 месяцев назад

    Thank you so much ma'am
    I downloaded a lot of confusion before I saw your video, just decided to add it to see if I could get it, and you made it so easy, exactly the pattern of my textbook ❤

    • @ingrnomics
      @ingrnomics  9 месяцев назад

      I’m so pleased and thanks for your nice feedback:)

  • @shimunipa
    @shimunipa 2 месяца назад

    Thank you very much for your important class on this topic, I am really happy to see this . Love from Bangladesh ❤️

  • @JaspreetSingh-ip4se
    @JaspreetSingh-ip4se 2 года назад

    usually i dont comment on videos, but here i wanna say thankyou from bottom of my heart.

    • @ingrnomics
      @ingrnomics  2 года назад

      Well thank you, I’m glad it helped you - and it’s my pleasure😊

    • @JaspreetSingh-ip4se
      @JaspreetSingh-ip4se 2 года назад

      @@ingrnomics yup

  • @ReyMaccOfficial
    @ReyMaccOfficial Год назад

    Thank you for this. It simplified everything

  • @MDFAHIMURRAHMAN
    @MDFAHIMURRAHMAN 16 дней назад

    Best teaching video ever, tnx a lot,,,,
    Tomorrow is my Economics exam and i am watching it now 🥹

  • @aturtle5460
    @aturtle5460 Год назад

    Hello there, wow I have to say you are a great teacher. I understood everything. I got exam tomorrow. And I'm from India. I thought I won't be able to do it. Thanks to you hopefully I'll be able to do it. Thank you.

    • @ingrnomics
      @ingrnomics  Год назад

      I’m so glad you found it helpful - and I hope the exam went well😊

  • @aabishshaikh2137
    @aabishshaikh2137 Год назад +1

    Heyyy, thank you so much fir the video....I have my exam tomorrow but I was having some doubts late at night and wasn't able to get any video on youtube but u made it sooo easy for mee

    • @ingrnomics
      @ingrnomics  Год назад

      My pleasure😊 I hope your exam went well:)

  • @farjanameherin5754
    @farjanameherin5754 3 года назад +3

    খুব সুন্দর ভাবে বুঝানো হয়েছে।
    ধন্যবাদ ❣🌸

  • @SullivanMaxwell-sr6rd
    @SullivanMaxwell-sr6rd 2 месяца назад

    that one video explained a lot to me, thank you very much!

  • @divineabu9573
    @divineabu9573 Год назад

    I just subscribed and engaged this really helped me… I nearly cried 😭

  • @TheAdventuresOfFamily
    @TheAdventuresOfFamily 2 года назад +2

    This helped me so much!! Thank you for sharing. You are a lifesaver!!

  • @ItzCherry-f8t
    @ItzCherry-f8t Год назад +1

    Thank you very much for this wonderful video I now understand how to calculate them

  • @vedanthgaur5505
    @vedanthgaur5505 Месяц назад

    I cant seem to understand my economics teacher at all, and here i am watching this video the night before, an absolute lifesaver (: It was done so simply but effeciently . I wonder why me economics teacher cant be like this or.... I am the problem and not the teacher

    • @ingrnomics
      @ingrnomics  Месяц назад

      I’m glad it was helpful and hope the lessons improve

  • @KaikuTamaku
    @KaikuTamaku Год назад +1

    Excellent explained simply in 7 minutes wow

  • @dagangonsophiac.8-gumamela798
    @dagangonsophiac.8-gumamela798 3 года назад +14

    hello! I'm struggling to how to get marginal cost not until i saw this! I'm very thankful to you for making it simple and very understandable 😊

    • @ingrnomics
      @ingrnomics  3 года назад +1

      Thank you for your comment and I’m so glad you found it helpful😊

    • @RalphAmenao-pl7bg
      @RalphAmenao-pl7bg Год назад

      Its very clear and simple 😇

  • @adhiamboannette8318
    @adhiamboannette8318 2 года назад

    Wooow much love from Kenya 💕💕 this is incredible 👏👏

    • @ingrnomics
      @ingrnomics  2 года назад

      Great! I’m happy it’s so helpful:)

  • @debojit5371
    @debojit5371 2 года назад

    Thank you it is very helpful to me
    You make the concept easy
    Thank you

  • @kaelynbacchus8918
    @kaelynbacchus8918 2 года назад +1

    Thank very much I fully understand now cause as you know when you ask some teachers they will explain it in the same way but thanks to you I fully understand now I know for sure I won't fail economics

    • @ingrnomics
      @ingrnomics  2 года назад

      My pleasure, and I’m really glad it was helpful:)

  • @notAburner.promise
    @notAburner.promise Год назад

    Thank you. You just saved me. And made it easy to understand

  • @chaudhrymuhammadhasnain5819
    @chaudhrymuhammadhasnain5819 2 года назад +1

    You explain really well now i understand cost

  • @kaiden9266
    @kaiden9266 8 месяцев назад

    this is a lifesaver... thank you very much ma'am

  • @katalinbozoki1576
    @katalinbozoki1576 11 месяцев назад

    so simple and so perfectly explained. THANK YOU 😍

    • @ingrnomics
      @ingrnomics  11 месяцев назад

      I’m glad it was so helpful 😊

  • @davidbochela1441
    @davidbochela1441 8 месяцев назад

    Wow,my best teacher ever

  • @mikaylacoley1683
    @mikaylacoley1683 Год назад

    Omg this was so helpful
    Thank you very much💯
    This was what I need

  • @imtheguywhoasked
    @imtheguywhoasked 7 месяцев назад +1

    Why can't they teach or write books with the same simplicity?
    I wish you the best! :)

    • @ingrnomics
      @ingrnomics  6 месяцев назад

      Thank you so much for the nice feedback :) And you’ve given me something to think about!

  • @deborahspogter2451
    @deborahspogter2451 2 года назад +1

    This is good more easier than i thought

  • @malangatachiwala
    @malangatachiwala Месяц назад

    This is awesome very helpful

  • @elviraroquel795
    @elviraroquel795 9 месяцев назад

    Awesome video. It helped me a lot, thanks!

    • @ingrnomics
      @ingrnomics  9 месяцев назад

      My pleasure, and I’m so glad it was helpful:)

  • @vishnujoshi6405
    @vishnujoshi6405 3 года назад

    Seeing from india ..apreciating u

  • @aboagyewaapatience6115
    @aboagyewaapatience6115 10 месяцев назад +1

    this is one of the best

    • @ingrnomics
      @ingrnomics  10 месяцев назад

      I’m so glad it was helpful - and thanks:)

  • @diminmara20
    @diminmara20 Год назад

    ma'am such a great help for me thanks for your help 🙇

  • @rawanturki1645
    @rawanturki1645 Месяц назад

    Thank you for making it simple

  • @dawoodakj
    @dawoodakj 2 года назад

    This video taught me more than school

    • @ingrnomics
      @ingrnomics  2 года назад

      I’m really glad it was helpful:)

  • @ruthsamuel2349
    @ruthsamuel2349 Год назад

    Thank you so much.. I understand it now❤

  • @Againstall9291
    @Againstall9291 Год назад

    Thank you mam. It's so helpful.❤

  • @mihairotaru6277
    @mihairotaru6277 Год назад

    I love your style ❤

  • @Mindmaze_y
    @Mindmaze_y Год назад

    Thanks mam it's really understandable ❤

  • @luckybhai647
    @luckybhai647 2 года назад +1

    Thnx for easyl explain this topic ❣️🙏

    • @ingrnomics
      @ingrnomics  2 года назад

      my pleasure and thanks for the ‘like’:)

  • @Danny_Morales78.
    @Danny_Morales78. 2 года назад

    THIS MAKES SO MUCH SENSE THANK YOU

    • @ingrnomics
      @ingrnomics  2 года назад

      I’m so pleased, and it’s my pleasure:)

  • @MandeepGrewal-r6n
    @MandeepGrewal-r6n Год назад

    It's really good🙏

  • @ireneraya2315
    @ireneraya2315 Год назад

    You make it so easy tysm

  • @RalphAmenao-pl7bg
    @RalphAmenao-pl7bg Год назад

    Thank you...clear explanation 😇

  • @sinthiacosta2118
    @sinthiacosta2118 2 года назад

    I have my quiz today, Thank you so much for help me understand this.

    • @ingrnomics
      @ingrnomics  2 года назад

      My pleasure and I’m really glad it was helpful:)

  • @joshua3639
    @joshua3639 2 года назад

    So simply explained, thank you

    • @ingrnomics
      @ingrnomics  2 года назад +1

      My pleasure, I’m glad it was helpful😊

  • @aniketroy6916
    @aniketroy6916 2 года назад

    Thank you so much teacher I just need your type study person

  • @enestomwale1061
    @enestomwale1061 2 года назад

    This is very helpful and I understand now Thank you for making it easy

  • @hadeelgohar8075
    @hadeelgohar8075 8 месяцев назад

    This is amazing thank you so much

  • @talizhacajetan1679
    @talizhacajetan1679 2 года назад

    Thank you soo much 👍, this really helped me😊

  • @MyLovely-q5u
    @MyLovely-q5u Год назад

    I really enjoyed your leason

  • @-al.206
    @-al.206 2 года назад

    شكرًا خيتوو ما قصرتي

  • @enrichowilhelmbooysen7370
    @enrichowilhelmbooysen7370 2 года назад

    Thank you very much for making me understand.

    • @ingrnomics
      @ingrnomics  2 года назад

      My pleasure and I’m glad it was helpful:)

  • @fodaysisawo2645
    @fodaysisawo2645 Месяц назад

    Thank you very much 👊👊👊👊👊

  • @raqlim.b2662
    @raqlim.b2662 10 месяцев назад

    thank you, amazing video.

  • @Inciting_people
    @Inciting_people 2 года назад +1

    Thank you so much. ❤️🥺

  • @Adityasingh26
    @Adityasingh26 2 года назад

    Thanks for this well explanation 🙏

    • @ingrnomics
      @ingrnomics  2 года назад +1

      My pleasure - I’m glad it was helpful:)

  • @Iscmuk12356
    @Iscmuk12356 6 месяцев назад

    thank you from india...

  • @dinukasampath1944
    @dinukasampath1944 2 года назад

    this video was easy understan to me

  • @daviddlomo5002
    @daviddlomo5002 3 года назад +2

    Hi am very new in economics, am doing Bachelor of commerce in law with sbs. I had no idea that this is very simple even after looking at different videos that explained this, I still couldn't hear hear what they saying, but now I understand it clearly. thank you so much for this video

    • @ingrnomics
      @ingrnomics  3 года назад

      I’m really glad you found it helpful:)

  • @MathewJones-lx7rm
    @MathewJones-lx7rm 8 месяцев назад

    This helps alot thank you

  • @syedmudassir78
    @syedmudassir78 8 месяцев назад

    Thank you so much madam❤

  • @graceadedugbe5004
    @graceadedugbe5004 2 года назад

    You make it seem to easy but if I see it in an exam somehow I still mange to forget

    • @ingrnomics
      @ingrnomics  2 года назад

      I’m glad it’s helpful and hope you can find ways to remember for the exam. My best advice is to learn each part, step by step, and then practise questions, so you really understand what’s happening and it becomes less remembering and more something that you just know. This video might help: ruclips.net/video/eeGhjLnv5OU/видео.html

  • @syedrizvi962
    @syedrizvi962 2 года назад

    Mashallah great effort❤🔥

  • @niranjanaprasad4293
    @niranjanaprasad4293 4 месяца назад

    Thank you chechi😌💯

  • @Cheesecake99YearsAgo
    @Cheesecake99YearsAgo 3 года назад +1

    Wow
    You made this so simple
    That I have to get an A for this part lol

  • @Islamic_World4735
    @Islamic_World4735 Год назад

    Best video ❤

  • @cristianoemiliano4129
    @cristianoemiliano4129 3 года назад +8

    Hi Ingr Nomics, I'd like just to say thank you for this great video. Well explained, now I have much clear the picture. I will look in your channel to check if you have some other exercises about supply/Demand, and elasticity, and so on. Thank you again. You have my thumb up

    • @ingrnomics
      @ingrnomics  2 года назад +1

      Hi Cristiano - I’m so glad you found this helpful and hopefully you found the other micro videos I have posted here. I have created videos for all of the foundation microeconomic concepts (as in Edexcel Economics A Theme 1 for A Level) at Econ-made-easy.teachable.com with lots on demand, supply, elasticities… Hopefully see you over there:)

  • @kalengayembe8761
    @kalengayembe8761 3 года назад

    Nice explaination and thanks for making me understand these

    • @ingrnomics
      @ingrnomics  3 года назад

      My pleasure - I’m glad it was helpful:)

  • @BrianMwandila-os1du
    @BrianMwandila-os1du 7 месяцев назад

    Great 👌❤

  • @adallahbrigdar4765
    @adallahbrigdar4765 3 года назад

    Thank you so much you made this so easy

  • @avikshitkurtarkar8617
    @avikshitkurtarkar8617 3 года назад

    Thank you so much . Very easy to understand. Very well explained ❤️🙏

  • @ROJINGYUN
    @ROJINGYUN Год назад

    Thank u ma'am 🙂

  • @sahilqayoumi4217
    @sahilqayoumi4217 2 года назад

    thank ;you that was very helpful 🙂

  • @Wesley_Giddy
    @Wesley_Giddy Год назад

    This video helped thanks

  • @shivajoshi8287
    @shivajoshi8287 3 года назад

    Thankyou to make it easy🥰

  • @adityaverat7087
    @adityaverat7087 9 месяцев назад

    Very helpful!

  • @rukayatjimoh9771
    @rukayatjimoh9771 3 года назад

    thanks alot for these wonderful explanations

    • @ingrnomics
      @ingrnomics  3 года назад

      It’s my pleasure and I’m really glad you’re finding them helpful😊

  • @jaelynarrington8612
    @jaelynarrington8612 Год назад

    i wish you were my teacher. its probably the accent lol...
    thank you!

  • @white_feather5240
    @white_feather5240 Год назад

    I have grown from man to the god after learning this

  • @aparna603
    @aparna603 Год назад

    Thankyou sm mam ❤

  • @kryll18
    @kryll18 16 дней назад

    Is utility bill fixed or variable cost?

    • @ingrnomics
      @ingrnomics  14 дней назад

      This is a grey area, it can be either, and you’d need more information to determine which it is. To be very precise, it will be a variable cost if the utility bill increases with each extra unit of output produced.

  • @daveandonaque3306
    @daveandonaque3306 3 года назад

    Thank you so much for this. It means a lot to me.

  • @valorantonthego2243
    @valorantonthego2243 3 года назад

    Tanks for the video very helpful

  • @SonGoku-uv4pk
    @SonGoku-uv4pk 2 года назад

    Thanks so much for this.

  • @Allyn-lo2sm
    @Allyn-lo2sm Месяц назад

    my prof. told me for AVC is instead devided TFC with output (Q), she told me to deviding it with TVC. so which one right? im so confused rn

    • @ingrnomics
      @ingrnomics  Месяц назад +1

      This may be helpful: ruclips.net/video/eeGhjLnv5OU/видео.html

    • @Allyn-lo2sm
      @Allyn-lo2sm Месяц назад

      @ingrnomics thank you

  • @prantoahmed2760
    @prantoahmed2760 2 года назад

    Thank You 😊

  • @saafmalaismail8186
    @saafmalaismail8186 3 года назад

    This helped a lot

  • @thabisotrianz2178
    @thabisotrianz2178 7 месяцев назад

    After a long struggle 🙌❤️