Utility 3: Maximizing Utility with Budget Constraint
How to solve a constrained optimization problem with a utility function and budget constraint; maximizing utility. Just set the slope of the budget line = slope of indifference curve!
MRS The Easy Way: https://youtu.be/iUD3avEYENY
My Website: http://www.burkeyacademy.com/
Support me on Patreon! https://www.patreon.com/burkeyacademy
Talk to me on my SubReddit: https://www.reddit.com/r/BurkeyAcademy/
Buy me a cup of coffee on PayPal? http://paypal.me/BurkeyAcademy
Видео Utility 3: Maximizing Utility with Budget Constraint канала BurkeyAcademy
MRS The Easy Way: https://youtu.be/iUD3avEYENY
My Website: http://www.burkeyacademy.com/
Support me on Patreon! https://www.patreon.com/burkeyacademy
Talk to me on my SubReddit: https://www.reddit.com/r/BurkeyAcademy/
Buy me a cup of coffee on PayPal? http://paypal.me/BurkeyAcademy
Видео Utility 3: Maximizing Utility with Budget Constraint канала BurkeyAcademy
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
![Utility Maximizing Bundle](https://i.ytimg.com/vi/Tx1Yatm3RRs/default.jpg)
![Lagrange Multiplier Method and Utility Maximization](https://i.ytimg.com/vi/O3MFXT7AdPg/default.jpg)
![Do Cobb Douglas Utility Exponents HAVE TO Sum to One?](https://i.ytimg.com/vi/8qYWvtXaJO0/default.jpg)
![How to Calculate Marginal Utility and Marginal Rate of Substitution (MRS) Using Calculus](https://i.ytimg.com/vi/0KFWqw4sNlM/default.jpg)
![Deriving Marshallian and Hicksian Demand Functions (Compensated and Uncompensated Demand)](https://i.ytimg.com/vi/Zrs9uSMg6Sg/default.jpg)
![TOTAL AND MARGINAL UTILITY AND THE LAW OF DIMINISHING MARGINAL UTILITY](https://i.ytimg.com/vi/7rN_VEF-6Oo/default.jpg)
![Corner Solutions with Indifference Curves](https://i.ytimg.com/vi/3_4w5ENWnQ0/default.jpg)
![indifference curves](https://i.ytimg.com/vi/P_N2hr9aMow/default.jpg)
![CES Utility Maximization: Analytical Results *See Video Description*](https://i.ytimg.com/vi/T--jXPk68dU/default.jpg)
![Marginal Analysis and Consumer Choice- Micro Topic 1.6](https://i.ytimg.com/vi/1exopHOl1jo/default.jpg)
![Introduction to the Budget Constraint](https://i.ytimg.com/vi/k2y1H-zXm1Q/default.jpg)
![242 Lagrange Multipliers - Cobb Douglas Function](https://i.ytimg.com/vi/HLTyVlVQD8U/default.jpg)
![A.6 Utility maximisation | Consumption - Microeconomics](https://i.ytimg.com/vi/9Hx2Sa3WzqU/default.jpg)
![MRS for Cobb Douglas Utility: The EASY WAY!!!](https://i.ytimg.com/vi/iUD3avEYENY/default.jpg)
![Intertemporal Choice: Utility Maximization Over Two Time Periods](https://i.ytimg.com/vi/CrWqGe7h34E/default.jpg)
![Utility Maximization with a Cobb-Douglas Utility Function](https://i.ytimg.com/vi/fbP3lWR0Z7c/default.jpg)
![Budget Constraint - Sample Problem 2](https://i.ytimg.com/vi/fCtaiYZGkxA/default.jpg)
![maximizing utility with quasilinear demand](https://i.ytimg.com/vi/cCMtFy3EZTA/default.jpg)
![The Utility Maximization Rule](https://i.ytimg.com/vi/5Ei5OiIk_X0/default.jpg)
![7. Budget Constraints and Utility Maximization](https://i.ytimg.com/vi/UyorBbMSu1k/default.jpg)