Cost of Production
This lesson covers the concept of cost in economics, focusing on the cost of production. It explains different types of costs, such as fixed and variable costs, and discusses the factors of production that contribute to overall costs.
- 32:14 “6. Is MC greater than AC? No. 2. 5. Is MC greater than AC? No. 10. 6. MC here is greater than AC here. So where does it start? As what output? As what output? 5. So you tell them MC starts to be greater than AC as well a...”
- 31:22 “From 5, it's increasing to 6. So as what's output? You trace it. Trace it. What do you have there? Five. So you will tell them AC starts increasing at output five. AC starts increasing at output five. I will put together...”
- 30:30 “So you will give them the answer according to the demand of the question. The first one says as what output is AC at the minimum? This is your AC. What's the minimum AC up? Yes, five. Trace it to your quantity. Four. AC...”
Revenue Types
This lesson defines revenue and explains its three main types: total revenue, average revenue, and marginal revenue. It covers how to calculate each type and their relationships to production and sales.
- 19:50 “Then finally, the question next question says if you want you should determine the output where MC begins to rise. As what output does MC begins to rise? So you go back to the words to the table. MC. This is your MC. Yea...”
- 17:11 “So if you look at this table now, what output is the profit maximized? So as what output is profit maximized, profit is maximized as what? This output is from here. Here, the difference between this and this is what is t...”
- 13:22 “so you get this rubbish, and you get this mc, mc is what, change in c, that's 25, 25, and you get what, the next one, just use the formula, and you are able to add your answer, so the next question says, at what output,...”
Multiplication in Binary Numbers
This lesson covers the multiplication of 2-digit and 3-digit binary numbers. It explains the basic rules of binary multiplication and how to apply them in calculations. Students will learn to perform binary multiplication without borrowing.
- 15:40 “transferred to this place so that gives us plus one yeah plus one one plus one that's two we turn back here that gives us zero that what do I have then I have the last one transferred yeah that's plus one so plus one plu...”
- 16:32 “four one one multiply by one zero one evaluate one zero zero one one multiply by one one one thanks for watching my name is Oyase Sonde till next time”
- 13:56 “so if you had that last value to eat let's make it a four value from the question making a four value so I have this really top taking this last one yet really top from the question so adding a one value to eat I have on...”
Converting Base 10 to Binary
This lesson teaches how to convert base 10 numerals into binary numbers using two methods: subtraction and successive division. Students will learn to identify the powers of 2 and apply them in the conversion process.
- 04:07 “So, what do we do? We write 1 here, 4, 5, then we have 1 left. So, I remember right now, the next power is 2, but we know that 2s is 1. So, we can have anything here, because it's not possible, we get 2 from 1. And 1 is...”
- 07:14 “That's nothing more, because 8 plus 2 gives us 10. So, for 1, that's nothing there, so we have 0 here. So, it means, also, that the number 10 in base 10 equals 1, 0, 1, 0 in base 2. You can see, if we subtract 8 from 10,...”
- 02:30 “And now we are given the number 5. Okay, now these are the powers of 2. So, if it is good, you get familiar with them as you convert numbers in base 10 to base 2. Okay, now we are given number 5 to convert to base 2. So,...”