COST BENEFIT ANALYSIS ECONOMICS: economics explained, consumer surplus & willingness to pay examples

Описание: COST BENEFIT ANALYSIS ECONOMICS EXPLAINED!!!

This highlight navigates you through Cost Benefit Analysis. You will gain new understanding of your own willingness to pay, net benefit and consumer surplus in real world examples as well as in the microeconomic model.

Intuitive. Key. Concepts explained simply.

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Chapters:
0:00 Introduction
1:05 Cost Benefit Analysis
1:58 Example
2:57 Willingness to Pay
4:44 The Model
6:39 Consumer Surplus
8:18 Coming up

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The next video in the Cost Benefit Analysis Block is:
How to apply cost benefit analysis    • HOW TO APPLY COST BENEFIT ANALYSIS: moneta...  

To deepen your understanding of cost benefit analysis watch the other videos in this Block:
3. Marginal Benefit Equals Marginal Cost    • MARGINAL BENEFIT EQUALS MARGINAL COST: Mar...  
4. Opportunity Cost Benefit Analysis    • OPPORTUNITY COST BENEFIT ANALYSIS: Optimal...  
5. What is a Sunk Cost    • WHAT IS A SUNK COST? and Getting Your Mone...  

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Rob and Rebekah