Animation on How to Calculate Price Floors with Calculations

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  • Опубликовано: 29 окт 2024

Комментарии • 23

  • @rachealann6866
    @rachealann6866 3 года назад +4

    I love these David Longstreet Econ videos. They're brilliantly executed, so incredibly helpful with a hint of humor that makes them such fun to watch. Thank you sooooooo much for these.

  • @stephanie355
    @stephanie355 Год назад

    this was sooo hopefull! I am a visual and this was great and loved how he dragged the number to visualize where he got them from!

  • @withabike
    @withabike 3 года назад

    Your channel is rich and colorful! It's amazing! Browsing your video is like going back to school again! Let me learn a lot! thank you for your sharing! Wish you safe, healthy and happy every day!

  • @ballk145
    @ballk145 Год назад

    Really very good explanation

  • @AgustisAtWatch01
    @AgustisAtWatch01 Месяц назад

    Thank you very much...................🔥🔥🔥🔥🔥🔥😍😍😍😍😍😍

  • @vivekramvadakattu8069
    @vivekramvadakattu8069 6 лет назад +2

    how did you get the value of 5,16 and 6?@3:39mins

  • @amelief2111
    @amelief2111 5 лет назад +6

    Nicely explained, but how can I mathematically calculate the new quantity demanded when the price floor is made?

  • @TetraSamurai
    @TetraSamurai 5 лет назад +9

    My professor just gives me supply and demand equations to figure all this out, and doesn’t give us graphs to use. It’s a big headache

  • @theeldestcastle8676
    @theeldestcastle8676 2 года назад

    Thank you!

  • @CatherineYuka-dk6qx
    @CatherineYuka-dk6qx 11 месяцев назад

    What is black market and explain further on price ceiling

  • @troymiller4457
    @troymiller4457 3 года назад

    Thank you, my professor zero explanation on how this is calculated. The book was of no help either

  • @beautifulbutterflies4470
    @beautifulbutterflies4470 7 месяцев назад

    Thank you

  • @zemoi
    @zemoi Год назад

    How do we just know the QD after the price Floor is 5? How would I figure this out on a much bigger scale? For example:
    Equilibrium: ($1.25, 1,500,000)
    PS = 937,500
    CS = 937,500
    TS = 1,875,000
    Price Floor: ($1.35)
    CS = ???
    PS = ???
    TS = ???

  • @manumaunman
    @manumaunman Год назад

    Question is how to use this in decision making ?

  • @anneekaknight
    @anneekaknight Год назад

    when calculating the area of ps it equal 65 the triangle and rectangle why is this the case

  • @pollyanagalvao8166
    @pollyanagalvao8166 4 года назад

    awesome!!!!!!!

  • @vijayaprakashpaudel927
    @vijayaprakashpaudel927 6 лет назад

    Sir please make a video on "Lancastrian demand theory"

  • @OrangeOctopusLove
    @OrangeOctopusLove 7 лет назад +1

    You put a value of the price where the quantity demanded meets the supply curve, but I don't understand from where you got this value. Where did that six come from?

    • @yubin0
      @yubin0 7 лет назад

      thats just given.

  • @baophamgia3582
    @baophamgia3582 5 лет назад +1

    i love u

  • @GaganGhuman-jv4yg
    @GaganGhuman-jv4yg 6 лет назад

    Hi ,can u plzzz tell me how to sove this q=f(k l) when Q is not given

  • @kellimcadams4694
    @kellimcadams4694 3 года назад

    dulli