You know the feeling of opening a dial lock after desperately working it for hours with a variety of incorrect combinations? That's how watching this video felt. Thank you so much for this.
Generally, larger production firms do estimate production functions to estimate the marginal productivities of inputs and use this information to determine the appropriate mix of the inputs.
What are the calculus to minimise cost when the price of labour is 40 and price of capital equals 1.000? You can't simply put it in the graph as you did without knowledge
professor wants us to have a firm understanding on steeper-shallower slopes alongside the greater/less than MPK/PK and MPL/pL... so if MPK/PK > MPL/PL then we're at point 'C' in the graph of the video and the isoquant curve's slope is shallower than the slope of the isocost curve.
Why is it so hard for teachers to explain simple stuff like this?..
Yeah
Seriously.
they are dumb
because smart people go work in a private sector and public sector remains for those not the sharpest in a shed
You know the feeling of opening a dial lock after desperately working it for hours with a variety of incorrect combinations? That's how watching this video felt. Thank you so much for this.
You are welcome.
This is the simplest explanation I have ever received. Thank you!!
Brilliant, I finally got the relationship between graph, math and concept.
2022 and still vigent! Amazing explicative video, thank you Guy Pascale.
Thank you so much! Had such a hard time with this.
This is a great and clear explanation. Thank you!
Very helpful and easy to understand Thank you !!!
perfect and nicely explanation sir..u have very sharp knowledge on it....keep it up.
You are a work of art. Thank you, thank you!
I love this tutorial! Very clear and helpful!
+Jana C Glad it was of help.
thank you so so much for this i finally understand isoquants
Great thanks for the video!
Before and after watching it, you will make the difference beyond any doubts.
Cheers!
I appreciate the kind word.
It's a brilliant explanation! Thank you so much!!
Great video! Thank you sir.
Thank you so much, you explanation has helped me a lot. ❤️❤️❤️❤️❤️
Very brilliant and easy explanations used..
Beautifully explained thank you ❤️
Helped a lot thank you, much clearer than my text book, are there any expansion paths videos you can recommend watching?
Easy to understand, thank you!
Explained in a very simple manner .. thank you !!
You are welcome.
It's really a helping hand video. Thank you very much sir.
Glad to help.
awesome sir........
hello from Turkey. thank you for teaching so simple.
You are welcome.
This video is such a saviour. Thankyou.
You are welcome.
This helps a lot!! Thanks!!
very helpful in my study base
Extremely awesome demonstration
Thanks.
Wow man...you r very good... thanks for helping us.... thanks a lot ☺️
You are welcome.
Thank you so much
Very good explanation.. thank you sir
Awesome sir
so helpful thank you
Thanks !
At least, it is better than what my professors taught!! However, I got confused when you explained about point A and point C.
help me poin A nd C
This is helpful , thank you so much !
You are welcome.
Amazing video!
getting me through uni thank u
best explanation ever
Wow.. incredible video
Thanks.
Very helpful😍
Perfect teaching
galing nak
you are an angel
Not so sure about that but thank you.
cool. My question would be does any firm in the real world uses any part of these model to decide anything?
Generally, larger production firms do estimate production functions to estimate the marginal productivities of inputs and use this information to determine the appropriate mix of the inputs.
Great
Thanks Sir 👍
awsome
Why did you say that productivity of lab is greater than that of cap at point A?
Thanks
Very helpful
You're welcome.
If u could have been my teacher life could have been easy for me
wan thank for you
chheers mate
i love you
What are the calculus to minimise cost when the price of labour is 40 and price of capital equals 1.000? You can't simply put it in the graph as you did without knowledge
you also need the output
These comments are obviously fake. Are you even Guy Pascal?
?????
Why are you worried about that, just watch the video and learn something
fking mal amk
professor wants us to have a firm understanding on steeper-shallower slopes alongside the greater/less than MPK/PK and MPL/pL... so if MPK/PK > MPL/PL then we're at point 'C' in the graph of the video and the isoquant curve's slope is shallower than the slope of the isocost curve.
i guess that's because we are working in quadrant 1 so the shallow/steep rule makes sense
very helpful in my study base
Thank you so much
very helpful in my study base