I know everyone keeps watching these videos cause you have to pay for mr Cliffords,but I genuinely prefer these videos. Short to the point and very digestible. Thanks man keep it up
@ReviewEcon
2 жыл бұрын
You're too kind! Thank you! Good luck on your exam tomorrow!
@gavinmook116
3 жыл бұрын
great videos. i switched to yours after clifford starting making me pay and upon discovering your channel, i am very glad! short and effective
@ReviewEcon
3 жыл бұрын
I am glad you found my channel. Clifford's resouces are great too, but I am happy to offer a lot of free resources as well. Good luck with your exams!!
@salehsalem1554
Жыл бұрын
do u only watch these summaries
@emi_1111
4 ай бұрын
Ap micro 2024 tmr!!!!! May the 5 be with everyone ;p
@ReviewEcon
4 ай бұрын
Yes! Good luck to you and everyone else!
@geenstagni1060
3 жыл бұрын
I got a 95% on my Unit 5 test just from watching this video!! Thank you so much for making these free review videos :)
@ReviewEcon
3 жыл бұрын
Wow! That's amazing! Congratulations and you're welcome!
@matsinhenucha8149
Жыл бұрын
Hi can I get your tens
@dannyg6318
3 жыл бұрын
I watched your unit 4 review video last week and aced my test. Now I’m back and I just want to say thank you for making these!
@ReviewEcon
3 жыл бұрын
That is so great to hear! I am glad it helped. If you have any questions, ask them in the comments.
@louis-haslandorsinvil9184
3 жыл бұрын
@@ReviewEcon I aced my test too sadly I was 1 point off of a hundred thank you so much
same!! i got a 70, but got an 80 because of the last video
@notyourgurl6654
3 жыл бұрын
honestly wat better than clifford, thanks so much
@ReviewEcon
3 жыл бұрын
Thank you very much!
@sambeagle4039
3 жыл бұрын
Fr !! And he actually teaches instead of pushing for you to buy his study guide.
@jhih-cichao3356
3 жыл бұрын
Reviewed using your videos and just got a 5 on the 2021 AP Micro exam. Thank you so much for the amazing content!
@ReviewEcon
3 жыл бұрын
Nice! Congratulations!!
@Lorena-mh5zd
3 жыл бұрын
Why is everyone comparing him to Jacob Clifford? Stop wanting everything free and just enyoy whatever you are given but don't trash another creator
@ReviewEcon
3 жыл бұрын
Jacob Clifford is amazing! You won't see any trash talk coming from me. 😀 Good luck with your exams!
@Gaming1234-u9m
3 жыл бұрын
thank you so much these are so helpful have my exam tomorrow I feel more confident after watching these ps.Keep up the good work thanks for providing free resources
@ReviewEcon
3 жыл бұрын
You're very welcome! Good luck with your exams!
@mazinsaleh3489
3 жыл бұрын
You’re truly a blessing
@ReviewEcon
3 жыл бұрын
That is very kind. Thank you!
@StarxzFN
7 ай бұрын
Hey just a quick mistake i seem to have found, at 9:09, the demand for labor in the market shifts, but so should the mrp since it is derived from the demand from the market. So while MRC goes up so should MRP??
@ReviewEcon
7 ай бұрын
The market demand shifted, but the market demand (sum of all firms' MRPs) can shift without shifting the individual firm's demand/MRP. A change in the number of businesses will do that. I hope that helps!
@kaitlin6126
3 жыл бұрын
Def deserves more views lots of love
@ReviewEcon
3 жыл бұрын
Thank you!
@stephaniecastro9200
3 жыл бұрын
I agree! Very helpful! Taking my micro final in a few😅
@dougmartin2410
3 жыл бұрын
Who here for AP exam prep lmao
@ReviewEcon
3 жыл бұрын
Good luck prepping to you and everyone else!
@saronkassa1
Жыл бұрын
I have a Master Microeconomics Mock AP tomorrow and your review videos are very helpful!! Thank you so much for these free and quality content filled videos. I know I can always rely on them!
@ReviewEcon
Жыл бұрын
You're very welcome! Good luck tomorrow!
@sweet.commentary
4 ай бұрын
Hi! So for Unit 5, what should we be most comfortable doing? Because out of all the units this one is the one that is really different. What would an FRQ involving this Unit be? Like could you tell me what I should be able to explain if there is like a Unit 5/Monopsony Question on the exam? Also this is for Unit 3...for these FRQs, do we need to know how to do Long run to long run and constant/increasing cost industries?
@ReviewEcon
4 ай бұрын
2023 set 2 #2 primarily deals with unit 5. Sometimes you also have to draw a perfectly competitive factor market and firm graph too. Hard to know exactly what they will ask since there's so much in unit 5, but you can head to ReviewEcon.com and play the unit 5 games to help you prepare. Good luck!
@ethand.5937
Жыл бұрын
you’re the best
@ReviewEcon
Жыл бұрын
Thank you! Good luck on your exams!
@ilikechips2596
5 ай бұрын
When a firm increases its P, and they're producing at elastic part of demand curve, the total revenue (TR) will fall right? and will it be the same case for all types of markets (imperfectly competitive, perfect competition, etc.)?
@ReviewEcon
5 ай бұрын
Yes, that is because the MR (change in TR) is positive (when profit maximizing). So producing more will increase TR while producing less (which raises the price) will lower TR. Good luck on your exams!
@flamedomegamer537
2 жыл бұрын
I hope I can pass the my exam With the help of your efforts ,if I pass the credit will be all yours
@ReviewEcon
2 жыл бұрын
That is very kind. You got this!!
@lexiyaa3499
3 жыл бұрын
Your videos are very helpful, keep doing what you're doing! :)
@ReviewEcon
3 жыл бұрын
I'm so glad they help! Good luck on your exams!
@torixkaynes3652
3 жыл бұрын
8:49 If the demand for the market increases, doesn't that mean the demand(MRP) for each firm increases as well since D(market) = sum of D(firms). And then the final quantity would be higher right?
@ReviewEcon
3 жыл бұрын
Good question. Not necessarily. There could have been an increase in the number of firms, or other firms could have increased their demand for labor. So the market demand will not necessarily move the firm demand. They should be thought of as distinct and separate. While the market demand is the sum of all firm demands, each individual firm is too small to impact the overall market demand.
@torixkaynes3652
3 жыл бұрын
Oh ok - Thank you!
@akhilperuri7249
3 жыл бұрын
What do you mean when you say "the MRP of the last worker hired didn't change," wouldn't it decrease?
@ReviewEcon
3 жыл бұрын
I'm not exactly sure where in the video you're referencing, but at 9:24, you can see the MRP for the firm shifted right, and the firm now hires more workers as a result. But since the firm hires until the MRP=MRC, and the MRC is the wage set by the market (and the market wage didn't change), the new last worker hired (QF1) has the same MRP (in the new curve) as the previous last worker hired (QF on the old MRP curve). For both, the MRP is equal to the market wage.
@winston2831
3 жыл бұрын
Good video but I recommend not breaking eye contact with the camera as much, it gets distracting to the viewer
@ReviewEcon
3 жыл бұрын
Noted. I'll work on that! I'll see if I can reposition my monitor so I can see my notes more easily.
@cindyy_linn2443
4 ай бұрын
i was wondering if we need to use rulars for the ap micro exam?
@ReviewEcon
4 ай бұрын
No. And they may not be allowed (not sure). I know some teachers advise kids to use their ID as a straight edge to draw their graphs. But make sure your graphs are drawn large and legible.
@tomcavanaugh1204
3 жыл бұрын
Underrated! Thank you!
@ReviewEcon
3 жыл бұрын
Thank you for the kind words! You are very welcome!
@dougmartin2410
3 жыл бұрын
I got a 5 on Micro! I just wanted to thank you man couldn't have done without u
@ReviewEcon
3 жыл бұрын
So glad to hear that! Congratulations!
@hello36109
5 ай бұрын
Thank you so much for this video. I've been struggling on this unit and this video helps me understand. You explain it in a way that's easy to understand. Thank you
@ReviewEcon
5 ай бұрын
You're very welcome! Good luck with your exams!
@HuiyiR-nv4yg
10 ай бұрын
Hello! You actually explain it so much better than the AP videos really! I always feel bored watching them but you explain it so well! In Unit 5.1 there was smt I remember watching stating the Imperfectly Competitive Markets and how firms sell more by lowering price as well as the product price decreasing. Is this information really important because I remember you stating that it’s mostly important to just know about the Perfectly Competitive Markets.
@ReviewEcon
10 ай бұрын
Yes that is important. The fact that imperfectly competitive firms must lower the price on all units produced is why the MR is below demand. For perfectly competitive firms, they get the market price for any quantity of units produced (since they are price takers and demand is perfectly elastic). That's why the demand is equally to marginal revenue for a perfectly competitive firm. I hope that helps!
@xuananle2466
3 жыл бұрын
thank you very much! much better than Clifford and zoom lectures.
@ReviewEcon
3 жыл бұрын
You're very welcome! Good luck with your exams!
@waffy8798
Жыл бұрын
I don't understand your last concept. To maximize profit you need MPL/Pc = MPC/Pc so you need to hire more labor so that they produce equal output as the capital? Anyways, thanks for your clear explanation!!
@ReviewEcon
Жыл бұрын
The MP/P formula tells us how much output per dollar the last unit of the resource produced. As you higher more of a resource the MP per dollar will fall. As you hire less of a resource the MP per dollar will rise. The cost minimizing combination is where the MP per dollar is equal for all resources. I hope that helps!
@waffy8798
Жыл бұрын
@@ReviewEcon ah i get it now. thanks
@Joe-if8dn
2 жыл бұрын
Have the test today morning (in an hour). Praying that I do well... I feel prepared!
@ReviewEcon
2 жыл бұрын
I wish you the very best of luck! You got this!
@Joe-if8dn
2 жыл бұрын
@@ReviewEcon update: I don’t think I did as well as I hoped unfortunately… I have a 98 in the class thus far, but this test is probably going to bring me down to a B. Your video was amazing though, and it definitely helped with the test. The stuff I got wrong was additional stuff my teacher had taught on days that I was absent due to having to quarantine, and I wasn’t fully aware of the concepts taught. Nonetheless, thanks so much for helping with the class thus far, and I really appreciate you doing this for free!
@ReviewEcon
2 жыл бұрын
@@Joe-if8dn bummer! Hopefully you're underestimating yourself or there is a favorable curve! 98% seems like a pretty solid A.🤞🤞🤞 Either way, you're very welcome for the videos.
@duskthesimp222
5 ай бұрын
bro coming in clutch for me 🙏
@ReviewEcon
5 ай бұрын
Good luck on your exams!
@bobreacts2067
2 жыл бұрын
Watching before my test. These r life savers!
@ReviewEcon
2 жыл бұрын
Good luck on that test!
@aggrontube2345
3 жыл бұрын
thx bro i have test this is so goood covered everything
@ReviewEcon
3 жыл бұрын
Awesome! Good luck!
@shrihan3450
Жыл бұрын
you’re the goat 🐐 so happy my teacher told us about your site at the beginning of the year
@ReviewEcon
Жыл бұрын
Thank you for watching and good luck on your exams!
@mushutes
5 ай бұрын
Saved my life for real
@ReviewEcon
5 ай бұрын
Happy to help! Good luck on your exams!
@bradenroark1956
Жыл бұрын
This video is a substitute to Mr clifford’s review😀
@ReviewEcon
Жыл бұрын
Definitely! Monopolistic competition for the win! 😎🤘
@hawley_7756
3 жыл бұрын
@ me tryna survive microeconomics. Thanks for the help my friend!
@ReviewEcon
3 жыл бұрын
You're very welcome!
@AnisurRahman-jn6mt
2 жыл бұрын
Thank you Sir for excellent lecture.
@ReviewEcon
2 жыл бұрын
You're very welcome!
@flamedomegamer537
2 жыл бұрын
Please make some videos on theory part too,like growth ,rent ,wages ,and different laws too please please please
@ReviewEcon
2 жыл бұрын
I probably won't have time to do many more topic specific videos before the exam, but the unit reviews cover the vast majority of what we can expect to see on the AP exam (based on the College Board's CED and previous released exams). Good luck studying!
@flamedomegamer537
2 жыл бұрын
Thank you for replying ,yes your videos cover most of the topics ,but I still hope that you make more and more of these videos because the way you explained the points is amazing 🤩
@pebble7455
4 ай бұрын
If the population age decreases, will that shift the supply curve left or right?
@ReviewEcon
4 ай бұрын
I'd say it depends on what caused it. If it's because more kids are born, LRAS shifts right (when the babies enter the work force). If life expectancy decreases, it could shift left (if people retire earlier as a result).
@zi7ad234
5 ай бұрын
thank you very much
@ReviewEcon
5 ай бұрын
You're very welcome! Good luck on your exams!
@juliakirpalani2218
3 жыл бұрын
your videos are so awesome, thank you!!
@ReviewEcon
3 жыл бұрын
You're welcome!
@ShifanaFathima-gd8hh
9 ай бұрын
Good
@ReviewEcon
9 ай бұрын
Thank you! Good luck with your studies!
@ShifanaFathima-gd8hh
9 ай бұрын
@@ReviewEcon 👍
@sp3ctre196
Жыл бұрын
Your videos r absolutely amazing
@ReviewEcon
Жыл бұрын
Thank you!!
@adityagupta6554
2 жыл бұрын
Your videos are great and help me self-study! Thank you :)
@ReviewEcon
2 жыл бұрын
You're very welcome!! For extra practice, play the games at www.reviewecon.com/games-activities Good luck with the exams!
@josephbradley3176
3 жыл бұрын
Very helpful video thank you very much
@ReviewEcon
3 жыл бұрын
Glad it was helpful! Good luck with your exams!
@yihan765
Жыл бұрын
thanks god u save me
@ReviewEcon
Жыл бұрын
You're welcome! Good luck with your exams!
@natekim1908
3 жыл бұрын
very helpful. thank you.
@ReviewEcon
3 жыл бұрын
You're welcome!
@jayshukpandrangi8668
3 жыл бұрын
fire video, helped a lot
@ReviewEcon
3 жыл бұрын
Thank you! 🔥🔥🔥🔥 Good luck with your exams!
@Spxrkyfv
2 жыл бұрын
Great videos
@ReviewEcon
2 жыл бұрын
Thank you!
@thevictorspodcast3294
3 жыл бұрын
Amazing video and work!
@ReviewEcon
3 жыл бұрын
Thank you very much!
@jasonchen6840
3 жыл бұрын
thanks brother
@ReviewEcon
3 жыл бұрын
You're welcome! Good luck with your exams!
@심국용-i4h
3 жыл бұрын
Love this video!
@ReviewEcon
3 жыл бұрын
Thank you! Good luck with your exams!
@dillonroberts4904
3 жыл бұрын
great video
@ReviewEcon
3 жыл бұрын
Thank you!
@jayxo4012
2 жыл бұрын
13:00
@ReviewEcon
2 жыл бұрын
Least cost combinations? Not too many questions about these but it usually shows up in the MC. Good luck!
@flamedomegamer537
2 жыл бұрын
Awesome 👍
@ReviewEcon
2 жыл бұрын
Good luck with your exams!
@flamedomegamer537
2 жыл бұрын
Thank you 😊
@pokemonbot9736
Жыл бұрын
the goat
@ReviewEcon
Жыл бұрын
Aw! Thank you! Good luck on your exams!
@pokemonbot9736
Жыл бұрын
@@ReviewEcon got a 68 rip nice review though shoulda studied more
@ReviewEcon
Жыл бұрын
68% is a high 3 on the AP exam. Good luck on the next test or exam!
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