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Utility Maximization using Lagrange Method. utility optimization

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Пікірлер: 62

  • @cartilo2619
    @cartilo261910 ай бұрын

    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

    @chudail7393

    13 күн бұрын

    what anime character is that

  • @cartilo2619

    @cartilo2619

    13 күн бұрын

    ​@@chudail7393 great teacher onizuka

  • @AnimalDigitalAD
    @AnimalDigitalAD10 ай бұрын

    Incredibly clear demonstration - thank you!

  • @soniverma7107
    @soniverma7107 Жыл бұрын

    Great use of limited resources thanks for this sir

  • @akueimading5097

    @akueimading5097

    Жыл бұрын

    Very excellent

  • @adlmuz
    @adlmuz7 ай бұрын

    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

  • @lukashein6238
    @lukashein62385 ай бұрын

    Amazing video, very clear and structured!!

  • @geraldikaz1981
    @geraldikaz19817 ай бұрын

    Very clear explanation. Much appreciated! from the UK👌

  • @rugaregoremusandu7748
    @rugaregoremusandu77485 ай бұрын

    Thank you, it is becoming clearer to me

  • @samuelmwasambu8992
    @samuelmwasambu89925 ай бұрын

    Thank you for the clear demonstration!

  • @xkcez
    @xkcez11 ай бұрын

    Great video easy to understand

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    Thanks for the appreciation

  • @user-lh8vt6qp6d
    @user-lh8vt6qp6d3 ай бұрын

    thank you for your video! really helped.

  • @rafsanmahboob9634
    @rafsanmahboob9634Ай бұрын

    thank you

  • @asdcsd2682
    @asdcsd268217 күн бұрын

    ty

  • @jle5714
    @jle571410 ай бұрын

    Beautiful work

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    Thanks

  • @shireenkhan6847
    @shireenkhan68474 ай бұрын

    Thank you so much Sir, God bless you

  • @pedrocolangelo5844
    @pedrocolangelo5844 Жыл бұрын

    Amazing video, thank you so much! Greetings from Brazil

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    Thanks for the appreciation

  • @asdcsd2682
    @asdcsd26822 ай бұрын

    thank you bro

  • @LetsExploreWorld
    @LetsExploreWorld Жыл бұрын

    Thankyou for sharing 😊

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    My pleasure

  • @francismali5840
    @francismali5840 Жыл бұрын

    Guru👌🏾🔋

  • @ImranAli-uo8tv
    @ImranAli-uo8tv Жыл бұрын

    Thanku for your good session...Sir

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    My pleasure

  • @e.pm.c7158
    @e.pm.c71585 ай бұрын

    Thank you my good sir!

  • @alibaloch7860
    @alibaloch7860 Жыл бұрын

    Very good sir

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    My pleasure

  • @rahiraghuvanshi726
    @rahiraghuvanshi7262 ай бұрын

    Thank you so much

  • @arifahmad4646
    @arifahmad4646 Жыл бұрын

    Excellent sir and thanks for this

  • @SafanaNaveed-pn1dl
    @SafanaNaveed-pn1dl8 ай бұрын

    its good

  • @hiteshkamboj
    @hiteshkamboj Жыл бұрын

    Thank you very much dear

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    My pleasure

  • @FIRENESHWORKU
    @FIRENESHWORKU8 ай бұрын

    Thank

  • @ECONMATHS

    @ECONMATHS

    8 ай бұрын

    My pleasure

  • @lamarnash2439
    @lamarnash2439 Жыл бұрын

    Thank you for the lesson. When would this equation be applied in real world scenarios?

  • @kushfw

    @kushfw

    Жыл бұрын

    while creating consumer bundles

  • @riekbolriek1201
    @riekbolriek12017 ай бұрын

    Thanks you so much

  • @fartagliatate
    @fartagliatate Жыл бұрын

    😍😍

  • @shahubaid424
    @shahubaid424 Жыл бұрын

    Thanku sir

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    My pleasure

  • @neetusaadnimbarkeconomicst4257
    @neetusaadnimbarkeconomicst42577 ай бұрын

    Thank u

  • @SaifulIslam-sq6ee
    @SaifulIslam-sq6ee9 ай бұрын

    thnx man. helped a lot

  • @dubstaken3239
    @dubstaken32396 ай бұрын

    I love you

  • @user-pu5wd7ff5v
    @user-pu5wd7ff5v9 ай бұрын

  • @shouvikbanik
    @shouvikbanik4 ай бұрын

    How do you get the total utility

  • @Eduardo-xl8hu
    @Eduardo-xl8hu9 ай бұрын

    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

    @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

  • @lucynjoki3694
    @lucynjoki36944 ай бұрын

    Where did you get 2 from

  • @user-vh1gc1ct6z
    @user-vh1gc1ct6z Жыл бұрын

    Hello sir, please suggest a book on mathematical economics

  • @ECONMATHS

    @ECONMATHS

    Жыл бұрын

    mathematical economics by T Dowling

  • @chimwemwenjobvu4423
    @chimwemwenjobvu44238 ай бұрын

    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

    @prakhardhyani3053

    8 ай бұрын

    X^-¹ is simply 1/X so X is in the denominator

  • @matthewhaddad9748
    @matthewhaddad974810 ай бұрын

    thank you!!!!!!!

  • @ECONMATHS

    @ECONMATHS

    10 ай бұрын

    My pleasure

  • @supornachakraborty2738
    @supornachakraborty2738 Жыл бұрын

    Sir why did you divide eqn 1 and 2 please tell

  • @eltonloverboy
    @eltonloverboy9 ай бұрын

    How did you solve 3/4 - 1 to get -1/4 ?

  • @ECONMATHS

    @ECONMATHS

    9 ай бұрын

    You subtract 1 from 3/4

  • @marulindamarcialcastillo7539
    @marulindamarcialcastillo75395 ай бұрын

    Dios mio ayudenme con esta vaina que no entiendooo😭😭😭😭😭