Mr. Clifford's 60 second explanation of how to use the profit maximizing rule (MR = MC). Assume the firm is perfectly competitive and that the price is $20. Try pausing the video and identifying how much the firm should make and the...

This week on Blockchain Central: we will talk about new EU law regarding data protection. Can it be applied to blockchain systems and would it abolish anonymity that blockchain provide. Let's find out!

This week on Blockchain Central: we will look back at the success story of Bitcoin and see what concept stands behind it. Also, we will discuss the potential of Bitcoin in the future.

Ethical decisions involve deeply personal moral beliefs and attitudes that impact the kinds of choices we make at work. This course helps participants understand how conscience, feelings, guilt, moral perspectives, and ethical balance...

This week on Blockchain Central: we'll talk about quantum computers and the potential threat it has on blockchain technology. Thank to revolutionary computational power, these computers can easily encrypt the keys that are protecting...

In this video we will learn about how to convert single entry system data into double entry system

In this video, the presenter discusses the difference between aims and objectives in the context of business. The presenter also introduces the SMART acronym, which covers the five areas that objectives must have in order to help...

This week on Blockchain Central: we’ll take a closer look at EOS, a fundamentally new cryptocurrency, that is more centralised than the other ones, but still has a lot of potential to become a strong rival on the market.

In this video I take you through Commercialisation, sponsorship and the media. We look at a 9 mark question and use video examples to help your knowledge in this paper 2 topic

CREDITS

Animation & Design: Jean-Pierre
Louw
Narration: Luc
y Billings
Script

: Lucy Billings

An equal’s sign means two
expressions are equal to
one another. But sometimes the...

Today on 'Blockchain Central': What is an Initial Coin Offering (in short: ICO), how exactly does the ICO work and how can you profit from it, if at all?

In this video, the teacher explains how expenses can also help in generating revenue. They discuss different types of expenses, including capital expenditure, revenue expenditure, and deferred revenue expenditure. The teacher also...

The video explains the concept of monopolistic competition. It highlights the key difference between perfect competition and monopolistic competition. The video then discusses the short-run and long-run scenario for firms in monopolistic...

This video explains how to calculate depreciation using the written down value method and provide a step-by-step solution to a question that covers important points such as installation charges, depreciation calculation, and disposal of...

This week on Blockchain Central: we’ll talk about private and public keys, see how they are used, and why they matter in the world of crypto. We will also have a look at the level of safety that asymmetric encryption provides and how it...

This week on Blockchain Central: we will explore how the IOTA team has developed a miner-less open source protocol which allows to make zero-fee transactions and how it can shape the future of cryptocurrencies?

The video provides an introduction on the concept of profit and distinguishes between accounting profit and economic profit. It explains how businesses generate revenue from producing goods and services and how they calculate their...

This week on Blockchain Central: we will have a closer look at the different options companies face when they want to get started with blockchain technology and break down the most common types of blockchains.

Could Uber be about to take its last ride? Is Twitter about to stop Tweeting? Alltime 10s looks at 10 companies that are seriously struggling in the modern economic climate, and may just be on the verge of extinction.

In this video we look at Commercialisation in sport and how the media and sponsors need sport to be able to make a profit.

SchoolOnline's Secondary Maths videos are brilliant, bite-size tutorial videos delivered by examiners. Ideal for ages 13-17, they cover every key topic and sub topic covered in GCSE Maths in clear and easy to follow...

In this video, the teacher explains how to prepare a departmental trading account for a company with three departments. They go through the process step by step, including calculating sales, purchases, opening and closing stock, and...

Teens reveal their opinions on business. Intended to provoke classroom debate, this clip shows teens talking about business. You might not agree with everything they say! What makes a great business, and what can go wrong? These films do...

Join the hundreds of thousands of students that have used Mr. Clifford's videos and resources to ace your microeconomics course.