Maybe I'm not seeing this, but what's the point of doing all this math when you can just find the extreme values and draw the line between the two points?

@lukasgraumans3046

4 жыл бұрын

my tought exactly, i just assume sometimes the teacher wants to know how you got it but there are easier methods ngl

Wait!! Stop!! ................... MY BRAIN DIED

@linetgacheri8943

4 жыл бұрын

😂😂😂

@drunkwhenimadethis

5 ай бұрын

for real mine too

@arjanbaraku6281

4 ай бұрын

For real men

Sal, Your videos on indifference curve, marginal utility and Budget Line has really helped me. Thank you so much!!! :')

I feel like you could have explained this one in a more simple way. Nonetheless, I'm really thankful for all these videos.

@Didi-xe9bg

2 жыл бұрын

agreed...

It was simply 2x + y=20. Why did you make it so complicated?

You made plotting more fun than any of my math professors. Good show 'ol chap! THANKS!

@user-jp5he7ro8c

Жыл бұрын

Wow 10yrs ago and Im here on 2022 I love math but I hate wasting time on understanding

thank you for saving my life ....you are amazingggg

I allways understand what you mean and i'ts fun to listen/whatch you vids! Gratz you just got a new subscriber :D

The simplest way to plot budget line is to plot two points: 1) on X-axis: Y/Py, 2) on Y-axis: Y/Py, where Y=PxQx+PyQy, and join them

this video felt kind of all over the place but I still understood what you taught

Isn't this just a Production Possibilites Curve adapted to the buyer's side?

thank u i dident understand how my teacher explained it but did when u did so thank you alot

Could you talk about goverment budget next? especificaly would you highlight the diferences between a personal or family budget vs a goverment budget

Some body please answer this question, why does the opportunity cost remain constant for the budget line but increases for the production possibilities model?

@mensah7919

4 жыл бұрын

ruben saenz the ppf has a curved shape because of the law of diminishing returns

@user-zk5dz8nk6m

3 жыл бұрын

@@mensah7919 I'm more confused now

@umminurannisa9224

3 жыл бұрын

The different is their curve

@girllx1528

2 жыл бұрын

Because in budget line there is always a fixed income.

so essentially, the absolute value slope of the budget line is the price of good x divided by the price of good y

this is exactly how teachers explain it which sucks

@RoundSquareFilms it's a free drawing software called SmoothDraw 3 (they did a video about it)

This was way ahead of it's time.

I feel like you could have explained this in a more simpler way. You made it hard understanding it.

You complicated this man

@armstrongshumba-lu3iz

Ай бұрын

u a right bro

How do you do household Bill's?

confusing

It's funny how "efficient" can be defined so differently in different areas of the same subject.

Thank you so much

Welp, I pause a little when i get confuse. But overall I get it. I just wish i still remember how to do the math of slopes (Learned it well from Khan though). I use yt for Khan for free yt of my subscription. Khan Academy is the best tbh.

Can you talk what is budget

Given utility function U=X^0.5Y^0.5 where Px=12birr , birr, Py =4birr and the income of the consumer is , M=240bir A) find the utility maximizing combinations of X and Y hurry one video

wow great now I forgot the slightest concept i had about budget line after i watched this video. thanks. -_-

10:16 I think u mean to say that for every extra pound of fruit u buy, u have to give up 2 *bars* of chocolate. You said 2 *pounds* of chocolate

wait but regarding the real income, if i get 0 chocolates, isn't it income/amount of good = 20/0 ????

how old are y'all?

@lukasgraumans3046

4 жыл бұрын

16 for me but i feel like i am quickly dieing studieing econ

i love this contain ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

You guys, he did all the math to find Qc in terms of Qf, he drew the budget line, he explained that the slope is the relative opportunity cost if you don't understand then you're the problem.

Given utility function U=X^0.5Y^0.5 where Px=12 dollar Py =4 dollar and the income of the consumer is , M=240dollar. A) calculate marginal rate substitution of X for Y (MRSxy) at Equilibrium? One video hurry hurry!!!

this was the worst

Its 2022 and Im watching this bc I have final 🥹

Confused person explaning constrain

i dont know what you find confusing,this is simple math

😘😘😘😘😘😘

Thankyou so much! Needed this!!

@Akumar-kh7yf

2 жыл бұрын

Hi

@Akumar-kh7yf

2 жыл бұрын

From

confused

who came here because of Bernardo Acosta?

gut the fuck $$$

first to like SAL :)

I don't like chocolates, ewe..

very very difficult to understand. 3/10

Why didn't you just use numbers Jesus Christ this is overly involved

Khan academy makes everything difficult to understand

Poor

confused

@delali_ahiabor

5 жыл бұрын

Ikr me too

@delali_ahiabor

5 жыл бұрын

Ikr me too