Utility Maximization using Lagrange Method. utility optimization
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Пікірлер: 62
Hello, I just want to say thank you for this video! My college professor in Microeconomics made it so hard to follow but applying your techniques made everything faster and better. Thanks again, sir
@chudail7393
13 күн бұрын
what anime character is that
@cartilo2619
13 күн бұрын
@@chudail7393 great teacher onizuka
Incredibly clear demonstration - thank you!
Great use of limited resources thanks for this sir
@akueimading5097
Жыл бұрын
Very excellent
Hello, I am trying to find the reason when to use the Lagrange method. Some questions do not mention finding utility maximization. They provide utility functions, prices, and income. and ask to find income and substitution effects. Can you help me with that? Thanks
Amazing video, very clear and structured!!
Very clear explanation. Much appreciated! from the UK👌
Thank you, it is becoming clearer to me
Thank you for the clear demonstration!
Great video easy to understand
@ECONMATHS
10 ай бұрын
Thanks for the appreciation
thank you for your video! really helped.
thank you
ty
Beautiful work
@ECONMATHS
10 ай бұрын
Thanks
Thank you so much Sir, God bless you
Amazing video, thank you so much! Greetings from Brazil
@ECONMATHS
10 ай бұрын
Thanks for the appreciation
thank you bro
Thankyou for sharing 😊
@ECONMATHS
10 ай бұрын
My pleasure
Guru👌🏾🔋
Thanku for your good session...Sir
@ECONMATHS
10 ай бұрын
My pleasure
Thank you my good sir!
Very good sir
@ECONMATHS
10 ай бұрын
My pleasure
Thank you so much
Excellent sir and thanks for this
its good
Thank you very much dear
@ECONMATHS
10 ай бұрын
My pleasure
Thank
@ECONMATHS
8 ай бұрын
My pleasure
Thank you for the lesson. When would this equation be applied in real world scenarios?
@kushfw
Жыл бұрын
while creating consumer bundles
Thanks you so much
😍😍
Thanku sir
@ECONMATHS
10 ай бұрын
My pleasure
Thank u
thnx man. helped a lot
I love you
❤
How do you get the total utility
Awesome video, ou just made a small error in the begininng when you moved the 120 to the other side it should have been negative
@kodsxtreme.1359
8 ай бұрын
I think I’m this case he decided to keep 120 where it was and moved everything else over to the other side. So 120 stayed + but 6x and 3y became the -. If that’s the part you’re on about
Where did you get 2 from
Hello sir, please suggest a book on mathematical economics
@ECONMATHS
Жыл бұрын
mathematical economics by T Dowling
Isn't x^(-¼) ÷ x^¾ = x^-¹... when dividing with the same base don't we simply subtract the exponents? In this case -¼-¾=-1?
@prakhardhyani3053
8 ай бұрын
X^-¹ is simply 1/X so X is in the denominator
thank you!!!!!!!
@ECONMATHS
10 ай бұрын
My pleasure
Sir why did you divide eqn 1 and 2 please tell
How did you solve 3/4 - 1 to get -1/4 ?
@ECONMATHS
9 ай бұрын
You subtract 1 from 3/4
Dios mio ayudenme con esta vaina que no entiendooo😭😭😭😭😭