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Using Goalseek with Excel to find the equilibrium point, starting with linear data fro the supply price and the demand price.

In this video I give you the shortcut for Marshallian Demand with Cobb-Douglas Utility Functions.

So we've drawn the demand curve but the big question though is whether this demand curve of ours satisfies the law of demand ...

What is the slope of demand function : `Q_(d)=100-7P`?

In this video I talk about how to derive Elasticities from Marshallian Demand. Specifically I derive Price Elasticity of Demand, ...

... associated quantity demanded equals 14. so if we link these points we have the demand curve. Does it look the same as yours.

Demand remember states that there's an inverse relationship between price and quantity demanded does this schedule satisfy ...

In this video, we discuss how derivatives relate to cost, demand, revenue, and profit in economics. This is lecture 27 (part 5/5) of ...

An example tying together income, own-price, and cross-price elasticities.

This Video talks about a trick for Perfect Substitute Utillity Maximization that will make it much easier. Full video on perfect ...

... benefit so again that was 10 up to our demand so let's invoke our demand formula our demand function so our demand function ...

Demand function of a good is given as `Q_(d) = 100-10P`. (i) Derive the demand schedule, Prices 2,4,6,8,10. (ii) Calculate the ...

An explanation of section 2.2 covering the models for cost, revenue, and profit. We assume the demand price function and the cost ...

A quick video in response to a student's question about a homework problem. Suggestions are made for finding the solution ...

This video is complementary to your lectures, rather than a substitute.

The income elasticity of demand.

The demand function of a good is `Q_(d) = 600-25P`. Find out the level of demand when price will be (i) Rs. 5, (ii) Rs. 10.

The demand function of a product X is given as : Dx = 12 - 2Px, where Px stands for price. The demand at price of Rs. 2 will be :

We given a demand function we want to find the elasticity of demand at a price of $45 and then we need to determine if it's elastic ...

The demand curve of a commodity is expressed as ` D_(x)=40-5P` . If slope of the demand curve is given to be (-2) , calculate ...