Scarcity, Trade-offs, and Cost/Benefit Analysis

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  • Опубликовано: 22 ноя 2024

Комментарии • 132

  • @hmmhmm6802
    @hmmhmm6802 3 года назад +163

    posted : 2 minutes ago
    video length : 6+ minutes
    and you already have 1 dislike... those flat earthers are really mad at you

    • @CBJay-hw3jk
      @CBJay-hw3jk 3 года назад +1

      maybe somebody wached the video on 3 times speed?

    • @tagtag123
      @tagtag123 3 года назад

      @@CBJay-hw3jk HOW

    • @gluonic
      @gluonic 3 года назад +1

      @@tagtag123 downloading the video and making it 3x faster in a video editor then watching it instead of the 2x speed option in the youtube video settings

    • @RobertoLion
      @RobertoLion 3 года назад

      @@gluonic Also there's an extension for browsers called: "Video Speed Controller" that makes the keyboard key "d" make the video faster and "s" (for Slower) makes it slower...

    • @gluonic
      @gluonic 3 года назад

      @@RobertoLion download the video, put it in the editor, edit it, upload it on youtube, and then the extension, press D to make the video fast, and then 2x speed.

  • @asylumskp4391
    @asylumskp4391 3 года назад +121

    I am legitimately pissed I cannot give this man any money for the amount of knowledge he has provided to me

    • @Vicariun
      @Vicariun 3 года назад +16

      you can subscribe to his patreon, which helps him get a steady income for producing this content
      not sure if you can thank him any other way

    • @asylumskp4391
      @asylumskp4391 3 года назад +8

      @@Vicariun I subscribed to him but I can't pay him anything. I'm only a teen.

    • @Vicariun
      @Vicariun 3 года назад +9

      @@asylumskp4391 ahh figures, I thought that may be the case after I sent the response
      good learning then! he's great

    • @deathnote4171
      @deathnote4171 3 года назад +4

      @@asylumskp4391 tell your father or mother to pay or You can pay him in the future

    • @asylumskp4391
      @asylumskp4391 3 года назад +7

      @@deathnote4171 I doubt my parents will agree to pay someone on the Internet. I plan on doing it in the future, hopefully.

  • @sya_7489
    @sya_7489 Месяц назад +1

    From chemistry to math, to physics and also economics, all of which are put on a playlist and is even sorted top to bottom according to when the target demographic needing it (i.e students, from elementary to high school and even college) like he literally put this to suit most school's curriculum (which i dont think enough of us appreciate) and he make the videos to be as easy to understand as possible, differing from how most teacher did it (or at least the ones i got) and have each video explain the concept in bite-sized portions, making it really easy to watch, listen and take note. I would absolutely watch hours of dave's video than to sit through an hour of a class lesson. And most importantly of all, it is not boring at all! Theres some jokes here and there and everything is explained in visual, audio and text format so that it suits the learning style of almost all student, from the most attention deficit knuckle heads to bookworm nerds to regular students having problems with not understanding certain subjects. It is the *perfect* educational content and i wish school starts making their own educational content copying how dave did it or just hire people like dave to make said content for them

  • @slurky3992
    @slurky3992 3 года назад +17

    Damn professor Dave just threw hella shade at the U.S. govt. for high military spending. So poggers!

  • @giulianozanellato8247
    @giulianozanellato8247 3 года назад +9

    I am currently a couple of semesters away from getting a degree in economics, and I highly enjoyed listening to you explaining these concepts. Your clarity when teaching is amazing. Im glad I found your channel. Cheers!

  • @glaciatedluxray2849
    @glaciatedluxray2849 3 года назад +110

    Thank you Chemistry Jesus

  • @Ishtarocha
    @Ishtarocha 3 года назад +3

    Most of it can be seen as intuitive rational thinking applied to resources management. Very helpful see it all gathered like that... looks like a puzzle.

  • @theunheardprophet4315
    @theunheardprophet4315 3 года назад +7

    I was unsure if I should go shower or go to bed and shower tomorrow morning because I'm tired but I know that I'm going to sleep too long and be late for work if I shower tomorrow morning. Now I'm procrastinating by watching this.

  • @vichtenchoo5956
    @vichtenchoo5956 24 дня назад

    1:35 I'm at work, I'm only watching this because I see you as a personal teacher.

  • @spiderworld384
    @spiderworld384 3 года назад +1

    This guy knows things

  • @LucasPereiradaSilva
    @LucasPereiradaSilva 3 года назад +4

    Very valuable content, not just the physics stuff that I already love too!

  • @justarandomperson9374
    @justarandomperson9374 3 года назад +18

    You perfectly know the moment when you’re about to make a birdhouse, but then Dave's video comes out, so you’re like «Ahhh, not today my dear birds, not today(((«

    • @arisoda
      @arisoda 3 года назад

      Ok française

  • @SpiritRed
    @SpiritRed 4 месяца назад

    Thank you, David.

  • @birthsonbluebell3654
    @birthsonbluebell3654 3 года назад +1

    Another example would be in the endgame of a game of Chess, where you could either sacrifice your queen to get rid of their last non-king piece (maybe a rook).
    The opportunity cost for sacrificing that queen for their rook is the 4 points you lost in doing so.
    The opportunity cost for not doing that is your opponent still being able to win the game, given you play bad enough.

  • @Phoenix-np1iu
    @Phoenix-np1iu 2 месяца назад

    i understand more from a 6 minute video than from several one hour long class sessions

  • @Brain-Derrick
    @Brain-Derrick 10 дней назад

    Thanks 😊 Prof.

  • @db3536
    @db3536 3 года назад +3

    Good video thanks prof dave

  • @humanbeing1429
    @humanbeing1429 3 года назад +2

    Wow now I know why I stay up late on RUclips because I value ideas and new knowledge more than sleep. I swear I skip sleep twice a week. Sometimes even 3 nights alternatively.

    • @AA-gl1dr
      @AA-gl1dr 3 года назад +1

      That catches up to you eventually.

    • @Arcana_XVIII
      @Arcana_XVIII 3 года назад +2

      That's a really bad idea.

  • @King.kai.24
    @King.kai.24 3 года назад +4

    Thank u scarcity Jesus

  • @scohspot
    @scohspot 3 года назад +2

    Good video professor Dave. I’m looking forward to more when/if they come out.

  • @kevinmoore2501
    @kevinmoore2501 3 года назад +1

    Thank you for this vid, Dave. Liked.

  • @chetannanaware1665
    @chetannanaware1665 2 года назад

    Hi,
    Do you have any PowerPoint Presentation Tutorial? I liked your PowerPoint- please share the Tips and tricks
    Thanks

  • @elizdonovan5650
    @elizdonovan5650 3 года назад +1

    Hi Professor Dave. Did you mean to have 2 of these videos on a private setting?
    Thank you.
    🌲🌝☘️

  • @glennpearson9348
    @glennpearson9348 3 года назад +5

    Nice ECON 101, Professor Dave. Love the placement of the quadratic equation. Now that you've covered CBA and Opportunity Cost in the context of individual decision-making, do you plan to cover BATNA for collective or multi-party decision-making? This is a fun series!

  • @alexalbuquerquerodriguesal108
    @alexalbuquerquerodriguesal108 3 года назад +2

    2:09 I see what you did there Dave and I liked

  • @SNBEATZ-v1f
    @SNBEATZ-v1f Год назад

    Very Good Video

  • @heh3135
    @heh3135 3 года назад

    Well, I could study for tomorrow's Electronics final or watch this video. Easy choice

  • @PrasathMGM
    @PrasathMGM 3 месяца назад

    This is awesome

  • @AFIDD21
    @AFIDD21 3 года назад

    What is the trade off with regards to the sleep to 2 million subscriber work effort ? Keep up the great work !

  • @subhashreepanda3076
    @subhashreepanda3076 Год назад

    What are the trade offs for call centre optimization???
    We group of 4 ppl need to do a project in spreadsheet modelling, in that we need to do tradeoff analysis….
    Any kind of help much appreciated.
    Thanks

  • @AG-lm5uf
    @AG-lm5uf 3 года назад +1

    Can you do a video debunking the qanon conspiracy?

  • @ayos836
    @ayos836 Год назад

    Thank you

  • @TheFacial83
    @TheFacial83 3 года назад +1

    Good 😊🤠

  • @thisisisabella3634
    @thisisisabella3634 3 года назад +2

    Conservative rebuttal:
    Greed good, Poor people bad.

    • @RamAurelius
      @RamAurelius 3 года назад

      I'm guessing you've never actually spoken to an actual "conservative" in your life before lol. And your comment seems to insinuate that the majority of wealthy people are conservative or vice versa, which is demonstrably untrue. But what good is life if you can't spend it with vitriolic hatred towards invisible strawmen you've created in your own mind, right?

    • @thisisisabella3634
      @thisisisabella3634 3 года назад

      @@RamAurelius I've been a conservative so you can't bullshit me.

  • @prabut.a5141
    @prabut.a5141 2 года назад

    Thanks a lot...

  • @lorddonk9806
    @lorddonk9806 3 года назад +3

    Professor Dave, have you ever considered doing the political compass test and putting it on YT?

  • @JohnGisMe
    @JohnGisMe 3 года назад

    What about free things, like the gift of living forever?

  • @prammar1951
    @prammar1951 3 года назад

    Thanks 😊.

  • @aryanbhosale9254
    @aryanbhosale9254 3 года назад +1

    Prof Dave has a new hair cut

  • @oleggeraschenko4932
    @oleggeraschenko4932 2 года назад

    if you choose to study for 3 hours and sleep 5 hours before the test, the opportunity cost is clarity of mind. Sleep deprivation brings you to a drunk-like state, you can do something really stupid and potentially life-threatening because of it. That extra hour of not sleeping WON'T be productive learning. DO NOT deprive yourself of sleep - it's dangerous for your LIFE

  • @sujanpuri4465
    @sujanpuri4465 3 года назад

    How to find in which playlist this video is?

  • @luizfeliperodriguessantana5842
    @luizfeliperodriguessantana5842 3 года назад

    This is gold! Thanks

  • @kash6584
    @kash6584 3 года назад +8

    thank you youtube jesus

  • @Korn_Flaek
    @Korn_Flaek 3 года назад +1

    is it possible for you to create a playlist of all ur flat earth debunking videos so i can binge them?

  • @harrybaker9044
    @harrybaker9044 3 года назад +1

    Hi Dave

  • @hunter_69_69
    @hunter_69_69 3 года назад +2

    Philosophical question: If not for the 2nd law of thermodynamics, would everything then be re-usable? I would think yes. I don't think economics would be a field of study if the 2nd law of thermodynamics didn't exist.

  • @whatsgoingondude1673
    @whatsgoingondude1673 3 года назад +1

    Hello, sir! I'm new to the channel, and I have one question: are you really a professor, or this is just your RUclips nickname?

    • @chaseeyy
      @chaseeyy 3 года назад +1

      He has a series of him answering FAQs of his audience. To answer your question, he is not a professor but he graduated with a degree in organic chemistry (I am not sure with this one tho).

  • @rufusapplebee1428
    @rufusapplebee1428 3 года назад

    If the reward is below the sustainance no one is going to do anything.

  • @Anuj-2
    @Anuj-2 3 года назад +2

    Not last

  • @TheBuslaefff
    @TheBuslaefff Месяц назад

    Sorry for a weird question, but could this theory be falsified?

  • @Robert-dt4is
    @Robert-dt4is 8 месяцев назад

    35 thousand choices? Wow.

  • @Jopie65
    @Jopie65 3 года назад

    Hmmm.. Although this is a good video, I could probably have done much better things with the time I watched it. But considering what is best to do next also has a cost. 🤔

  • @gurditrehal3348
    @gurditrehal3348 Год назад

    1:36
    "... or sleeping"

  • @patricksarama4963
    @patricksarama4963 3 года назад +1

    I’m not even interested in economics but I’m watching this anyway because I love economy Jesus 💕

  • @trickyepithet9122
    @trickyepithet9122 3 года назад +2

    first!

  • @gianlucarocca1511
    @gianlucarocca1511 3 года назад +1

    Daveee

  • @archivist17
    @archivist17 3 года назад +1

    When do we get on to Surplus Value of Labour? It's pretty fundamental, too.

  • @ryanzeng890
    @ryanzeng890 3 года назад

    "We make 35,000 choices per day". That's striking :). Wondering are there principles to decide which those should apply "Cost/Benefit Analysis"? Thanks for the great tutorial!

  • @marcdevries4470
    @marcdevries4470 2 года назад +1

    are you sponsored by netflix?:P

  • @SigmaElement
    @SigmaElement 3 года назад

    So.. whats the beneficial cost of rounding the flat earth?

  • @qwerteria7366
    @qwerteria7366 3 года назад +2

    sleep doesnt work the way you described sadly. sleep is chaos being awake is a drag

  • @hrabia
    @hrabia 2 года назад

    "You know what men need? Food, sex, silence! Feed me, fuck me, shut the fuck up!"

  • @3bdalra7man_32
    @3bdalra7man_32 3 года назад +1

    why did he stop showing his face ?

  • @viperplays4744
    @viperplays4744 2 года назад

    ah yes, IS.

  • @enescevik1137
    @enescevik1137 2 года назад

    saclari kesince adama benzemisin dayi

  • @khashayarbiglari2208
    @khashayarbiglari2208 2 года назад

    i dont fe

  • @jakenelson568
    @jakenelson568 3 года назад +1

    2:00 America in a nutshell

  • @justanotherdayinthelife9841
    @justanotherdayinthelife9841 3 года назад +4

    Tragedy of the Commons

  • @clover4958
    @clover4958 3 года назад

    is dave sponsored by netflix???

  • @chaossspy6723
    @chaossspy6723 3 года назад +3

    :D

  • @Sscstudy649
    @Sscstudy649 3 года назад +2

    Came here with the speed of light(c)

  • @tln_greks2896
    @tln_greks2896 3 года назад +5

    The earth is flat

    • @eweseloh
      @eweseloh 3 года назад

      fIat?

    • @tln_greks2896
      @tln_greks2896 3 года назад

      @@eweseloh I am just saying to get attention😂of course the earth is round.

    • @death5154
      @death5154 3 года назад +2

      @@tln_greks2896 unfunny

    • @tln_greks2896
      @tln_greks2896 3 года назад

      @@death5154 it was a joke

    • @asylumskp4391
      @asylumskp4391 3 года назад

      Woah it's Sans Undertale

  • @deadchannel5933
    @deadchannel5933 3 года назад +1

    Plss I want the older intro music

  • @jogimarbun5924
    @jogimarbun5924 3 года назад

    I think he is tired hahhaha, getting make more contents but not the happiness, this is the trade-off

  • @YellowFireIpad
    @YellowFireIpad 3 года назад

    me watching this video over netflix planning to build birdhouses, rollerskate, play games, and go fishing: excuse me what the *f*ck*

  • @infinitemonkey917
    @infinitemonkey917 3 года назад +1

    Making a bird house is a close second imo.

  • @MsBukke
    @MsBukke 3 года назад +1

    1:30 jokes on you I'm doing both at the same time

  • @silver_tongue9644
    @silver_tongue9644 3 года назад +1

    U made that racist black guy look so stupid
    It would be so cool if u debated Ben shepearo or other transphobs and give them a good dose of science bc atm they think science is on their side haha
    And u the entire trans community would love u forever 😂

    • @chrstfer2452
      @chrstfer2452 3 года назад +1

      Lol that'd be awesome, and it'd be nice to give shapiro an example of what actually owning someone with facts and logic is like, rather than bullying with a quick tongue and then calling it facts and logic. I'd say drink a shot every time Ben makes an appeal to authority emotion or named fallacy, but that'd kill people.