Marginal Utility

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Marginal utility and marginal benefit. How you would spend $5 on chocolate and fruit
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Thanks. My god if my economics teacher would just show this video instead of going "uhm" for 60+ minutes, the time of my lectures could be cut in half.
YOU ARE DOING GOD'S WORK MY FRIEND

Immaturity
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So helpful! I learned more from this video than from my textbook (which makes everything overly complicated). Thank you!

thuyduongtran
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I notcied that you haven't monetiised any of your videos. This is no joke, given the amount of efforts which go into making such videos. You are making an impact in the field of education on a global level. God bless you

siddhantdeshmukh
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god bless you, you should make your own school or university you’d really make a huge difference in this world if you would

samueljackson
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Thank you for your explanation. My problem with economics is that it's not an exact science, yet it's considered as so because it's used to shape national policies. The fact that the most accepted theory of value is extremely subjective -can't be mathematically determined- is enough to tell me how economics as a pseudo science are actually not the proper way to conduct an real economic system. I've been studying some planned economy systems and they seem interesting. Let's see how it goes.

giancarlo
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Watching this video is definitely better than reading the textbook over and over again. I‘ve read that for 3 times, it’s till now when i get the meaning of spending
the money rationally.

Rosanna-upod
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The only reason I'm going to pass this exam is because of you. Thanks!

mrstevelentini
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You better save your last dollar for the dentist.

OjoRojo
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"chocolated out" aha very informative. excellent video

beckwilde
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Man I love you. I'd give up school and just simply watch all your vid.

jorgianamaria
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Utility is measured often with the help of the 'unit' 'Utils'.

noobmaster-dmtu
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you explained this concept extremely well, thank you so much!!! :)

julek
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Case in point: Quantitative data is useless unless the qualitative data the numbers represent has real, concrete meaning.

Acerola
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beautifully understood your teaching process the best learning platform KHANS ACADEMY

avichalnath
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كلمتان خفيفتان على اللسان ثقيلتان في الميزان حبيبتان إلى الرحمن سبحان الله وبحمده سبحان الله العظيم

shahdehab
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What about when you don’t consume the good immediately but instead safe/stock it up? Then the utility increment won’t decrease no?

kawaii_hawaii
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So tell me why my school specifically told me that they do not recommend Khan Academy as an external resource for LOL well here I am. Thanks!

katalyst
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Kool a nice reminder to my stage one economics classes in uni.

kntwl
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this was very helpful thank you!! but pls differentiate total utility from marginal utility because it's kind of confusing :/

monCHERished
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Is there anything he doesn't know too much about! Very Inspiring

pianocover