We asked our audience what they thought about increasing our reliance on nuclear power, so in this video, we're examing the pros and cons of building more nuclear power plants.

Mr. Clifford's 60 second explanation of Constant and Increasing Opportunity Cost.

In this video I explain how to identify the profit maximizing quantity and calculate total revenue and profit. MR=MC is the most important concept in microeconomics. Thanks for watching.

This Video Explains: What are the Advantages of Alternative Dispute Resolution

This video explains the concept of income statements, also referred to as profit and loss accounts, which is an important aspect of financial reporting for businesses within the UK and other countries. The video breaks down the steps...

The video discusses the concept of opportunity costs and trade-offs in decision making, using various examples to illustrate the idea. The presenter explains how every choice has an opportunity cost, or the benefit you miss out on by...

Professor AJ Kooti provides a detailed examples of how to value inventories using the Lower of Cost or Market method.

The video explains the concept of supply curves. The video discusses various factors that can shifts in curves, including changes in production costs, technology, input availability, taxation, and subsidies.

In this video lecture, the presenter provides a detailed explanation of inflation and its different forms, specifically cost push and demand pull inflation. He uses aggregate demand, aggregate supply analysis to illustrate and...

This video explains variance analysis in budgeting and accounting, which involves comparing the budgeted amount for a period with the actual results at the end of that period to determine the variance, or the difference between the two....

Yesterday, on the 31st May 2020, NASA and SpaceX successfully docked their Dragon capsule with the ISS. But what makes this event so significant?

This video provides an overview of innovation and its importance for businesses. The speaker discusses the various forms of innovation, including process and product innovation, and how they can help a business improve their...

In this lesson, students will learn about debt and how to get out of it using the concept of additive inverses. Through relatable examples, such as borrowing money from a friend or buying outfits, students will understand how to balance...

Hey econ students. If there is only ONE thing that you need to know for your microeconomics class and for running your own business it’s the profit-maximizing rule. You always produce where MR = MC. Well, not always. Sometimes you should...

👉 Learn how to solve equations from word problems. A word problem is a real word simulation of a mathematics principle. We can solve equation(s) from a word problems by first understanding what the problem is asking. We then assign...

This is a lecture presentation that explains the concept of supply in a business context. The speaker discusses the definition of supply, how it relates to the amount of production and profit required for different products, and the...

Duties of a Principal to an Agent

Business Operations

Determine Cost of Inventory - Financial Accounting

Hey econ students, I made this video to help you rock the comparative advantage and terms of trade question on your econ exams.

Let's talk about money. I'm going to share the 20 top idioms in English relating to money.

The components of product cost include direct and indirect costs, including materials, labor, overhead, and consumption.

This video discusses the importance of financial projections in a business plan, particularly for start-up ventures. It emphasizes the significance of the income statement in outlining revenue and expense projections, as well as the need...

The video explains the financial basics of any business by introducing three key terms: revenue, costs, and profit. The presenter defines each term and explains how they relate to each other in the context of a company's financial...