Production Functions: Determining Returns to Scale

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  • Опубликовано: 29 окт 2024

Комментарии • 26

  • @Skyerchanell
    @Skyerchanell 4 года назад +5

    on the third example q=10(2 1/3 2 1/3) = 13.33 or 15,80 ?

    • @EconomicsinManyLessons
      @EconomicsinManyLessons  4 года назад +6

      Yes, it should be 15.87. Thanks.

    • @Skyerchanell
      @Skyerchanell 4 года назад +1

      Economics in Many Lessons thanks a lot! The video is very helpful.

    • @chilufyakabuta9147
      @chilufyakabuta9147 3 года назад +2

      Thank goodness you had to ask,,,,I was lost with how he came up with 13.33 but now it's all clear

  • @TAKOHUMU
    @TAKOHUMU 3 года назад +10

    very concise and to the point, my professor's lecture spent too long explaining the same thing in a convoluted way

  • @Flybekk
    @Flybekk 2 года назад +3

    Why cant all professors make classes like this instead of going in circles... Thanks a bunch

  • @adityarajkashyap8215
    @adityarajkashyap8215 4 года назад +2

    u are an amazing teacher . u explained this concept in the most simple way

  • @asher5723
    @asher5723 Год назад

    YOU MIGHT HAVE JUST SAVED ME, BLESS

  • @masonmartinez4034
    @masonmartinez4034 5 лет назад +1

    This is one of the best videos on this topic - thanks.

  • @Ausiedundan
    @Ausiedundan 2 года назад

    You're constantly saving me! Thank you so much!

  • @nabeeliqbal6166
    @nabeeliqbal6166 Год назад

    Thanks! You just saved my assignment.

  • @sobiyeolufemi1230
    @sobiyeolufemi1230 3 года назад

    Thank you for this simple and concise explanation.

  • @smilebro100
    @smilebro100 2 года назад

    absoluty a beast
    thank you again

  • @rickynengwa7925
    @rickynengwa7925 Год назад

    Well elaborated 💯

  • @simfinso858
    @simfinso858 8 месяцев назад

    How to decide production scale or minimum number products must produce to Run the factory?

  • @conallhenson8880
    @conallhenson8880 9 месяцев назад

    Do they exhibit increasing, constant or decreasing marginal product for each input?

  • @hereistand6178
    @hereistand6178 Год назад

    Saved thanks very much expecting an assignment

  • @lilischoko1221
    @lilischoko1221 2 года назад

    Amazing! Thanks so much

  • @econman9228
    @econman9228 4 года назад +2

    BRUH I APPRECIATE YOU

  • @sika_zm2309
    @sika_zm2309 2 года назад

    Thank You

  • @varinnath8897
    @varinnath8897 2 года назад

    thanks

  • @fb4680
    @fb4680 3 года назад

    Canım hocam

  • @pombilinakaleke6329
    @pombilinakaleke6329 3 года назад

    you are not explaining whats going on you just reading..

    • @aarondowning9366
      @aarondowning9366 Год назад

      He is literally substituting (1,1) and then (2,2) and looking at the results. There are no more steps to show.