I participated in government mobilizations like this before. War games and preparations for certain scenarios.

Scenarios A through F.

We gave them scenarios.

So let's plot the scenarios.

Agent Farnsworth is running scenarios.

They have a lot of scenarios.

Now, there's only three scenarios here.

So this column is for scenarios.

I don't believe in nowin scenarios.

And so we have 4 equally probable scenarios, so the total of equally probable scenarios is 4.

I'm going to do two more scenarios.

Let's look at some real world scenarios

So we're gonna have multiple scenarios here.

Building disaster preparedness scenarios is not enough.

So, let's think about all of the scenarios.

Now, let's plot these points, these different scenarios.

They dreamed up a variety of horrifying scenarios.

There are several scenarios for the future newspaper.

So you can think about all these scenarios.

And all of these are equally probable scenarios.

So let's do some more scenarios, assuming ceteris paribus.

So let's say scenario F. Let's call these scenarios.

So let me draw a couple of scenarios here

But is it certain? Absolutely certain?

So these 5 scenarios, actually these 6 scenarios that we've talked about so far, these are just, scenarios on this curve, and that curve, we call, once again fancy term, simple idea, our production possibilities frontier.

Why their models keep having to make more pessimistic scenarios.

Everybody in this room has heard the worst case scenarios.

Once we close your palm, there are two possible scenarios.

I'm certain.

I'm certain.

Just certain.

Certain realities.

Certain people.

And in all these scenarios it tells me my operating income.

In the next video, I'll talk about more scenarios with competition.

like certain things that Hispanics like certain things, that young people like certain things.

let's think about what happens and let's pick one of these scenarios

And to see why, consider two scenarios from early in our evolution.

And we can verify. Let's try all of the different scenarios again.

Let's think about how much money we can make in different scenarios.

Something I admired about your dad, he didn't believe in nowin scenarios.

Certain. Like death.

In certain ways.

Nothing is certain.

A certain Paolo.