Sir, can you PLEASE make videos on writing essays for A2 and answering Data Questions and mcqs. Or is everything the same as AS? Or else please make videos explaining the diagrams. It would be of great help. My exam is next month.
In the economics A level textbook it says that “ unlike productive efficiency, it’s not possible to illustrate allocative efficiency on a PPC as the exact point will depend on consumer preferences”. I’m confused as to how u placed it on a PPC
The assumption for the point I’ve chosen is that it is the point that represents consumer preferences. Therefore that point is the only one on the PPC that represents allocative efficiency.
@@EnhanceTuition thank you so much, you’re so helpful. I’m a private candidate so I don’t have any teachers and I have my AS and A level exams coming up in May. All i’m doing is following ur revision methods and going through ur course and i’m understanding the topics really well. I’ll comment on ur video telling u how much I got when I finish the exam and get that A* because of you
Sir i am kinda confused about this point when the price consumers are willing to pay equals to the marginal cost of producing it it is then allocative efficiency is reached but if the producer will produce at a quantity where allocative efficiency is reached then how the heck is he going to make profits 😂
Marginal benefit is the maximum amount a consumer would pay for a good or service. Marginal cost is the minimum a seller is willing to accept for their goods and services.
Hello, I was going through your page playlist and I noticed that you don't have videos regarding A2 unit 4 and unit 5 if you could please share the links to regarding units, that would be of great help. Thank You
Hi Aqsa, I haven’t yet started A2 unit 4 and 5. They are on the horizon and given current circumstances I am trying to finish them all by the end of May.
Hi! I'm struggling a lot with economics. I know the topics like all over, but I fail to remember them in details.. My CIE exams start in 5 days!!! Econ P2-18 Oct and p4-31 Oct... P1 & P3 on 15 nov. Please help Im demotivated Idk what to do to revise that efficiently 😭😭😭😭
@@Tohiibur Well i'm definately more screwed than you bruh. Got Accounts Business Maths Economics AND English and just 10 more days. PS: I don't know shit.
Following Jesus changes you even if you don't realize it. You'll stop desiring what your flesh wants and you'll start desiring everything your spirit wants. Even if it's hard at first, He'll make it easier until you're at the point where you don't need that thing or identity anymore. Matthew 7:7-8 - “Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened.” Jesus loves you. God Bless.
Sir, can you PLEASE make videos on writing essays for A2 and answering Data Questions and mcqs. Or is everything the same as AS? Or else please make videos explaining the diagrams. It would be of great help. My exam is next month.
Ok I am lost with how allocative efficiency is defined when you used the term opportunity cost. Expound further pls. 😊
Will allocative efficiency be achieved if AR = MC or if MR = AC?
In the economics A level textbook it says that “ unlike productive efficiency, it’s not possible to illustrate allocative efficiency on a PPC as the exact point will depend on consumer preferences”. I’m confused as to how u placed it on a PPC
The assumption for the point I’ve chosen is that it is the point that represents consumer preferences. Therefore that point is the only one on the PPC that represents allocative efficiency.
@@EnhanceTuition thank you so much, you’re so helpful. I’m a private candidate so I don’t have any teachers and I have my AS and A level exams coming up in May. All i’m doing is following ur revision methods and going through ur course and i’m understanding the topics really well. I’ll comment on ur video telling u how much I got when I finish the exam and get that A* because of you
I also had that question. What grades did u get then
Your content is so touching
Sir i am kinda confused about this point when the price consumers are willing to pay equals to the marginal cost of producing it it is then allocative efficiency is reached but if the producer will produce at a quantity where allocative efficiency is reached then how the heck is he going to make profits 😂
Check out the video on implicit and explicit costs, that should help answer this question.
From your a2 unit2 first video we know that marginal benefit= demand, but why does marginal cost=supply?
Marginal benefit is the maximum amount a consumer would pay for a good or service. Marginal cost is the minimum a seller is willing to accept for their goods and services.
Hello, I was going through your page playlist and I noticed that you don't have videos regarding A2 unit 4 and unit 5 if you could please share the links to regarding units, that would be of great help. Thank You
Hi Aqsa, I haven’t yet started A2 unit 4 and 5. They are on the horizon and given current circumstances I am trying to finish them all by the end of May.
@@EnhanceTuition thank you for your work!
Hello what is the meaning of PPC
Production possibilities curve
Hi! I'm struggling a lot with economics. I know the topics like all over, but I fail to remember them in details.. My CIE exams start in 5 days!!! Econ P2-18 Oct and p4-31 Oct... P1 & P3 on 15 nov. Please help
Im demotivated
Idk what to do to revise that efficiently
😭😭😭😭
howd it go
@@Tohiibur sucked probably?
i'm in the same boat now though.
Adarsha Pandey so am I dude
@@Tohiibur Well i'm definately more screwed than you bruh. Got Accounts Business Maths Economics AND English and just 10 more days.
PS: I don't know shit.
Why the heck u doing 5 subjects lol
Good content
last three of the five videos in this playlist are private?
+muhammad farrukh Khan they are scheduled over the coming few days.
Thank you sir!!!
Following Jesus changes you even if you don't realize it. You'll stop desiring what your flesh wants and you'll start desiring everything your spirit wants. Even if it's hard at first, He'll make it easier until you're at the point where you don't need that thing or identity anymore. Matthew 7:7-8 - “Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened.” Jesus loves you. God Bless.