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MIT 14.01 Principles of Microeconomics, Fall 2023 Instructor: Prof. Jonathan Gruber View the complete course: ...

In this video I explain how to maximize utility given a Cobb-Douglas utility function and a budget constraint.

How Do You Create A Utility Function? In this informative video, we'll cover the essential steps involved in creating a utility ...

In this video I explain how to maximize utility using the Lagrange Method, including a step-by-step example.

In this video, I introduce the utility function, a fundamental concept in microeconomics that allows economists to represent ...

Welcome to Episode 5 of our Advanced Microeconomics series! In this video, we explore utility functions and provide a ...

KanwalSidhu13 #williamson #williamsonmodel #managersutility #shareholdersutility #actualprofit #minimumprofit #reportingprofit ...

In this video I explain how to find a demand function given a utility function, including a step-by-step example.

Find the marginal rate of substitution (MRSx.y) for each of the following utility functions: U(x,y)=3x+y U(x,y)=x2y2.

In this video I explain how to calculate the marginal rate of substitution given a utility function, including three step-by-step ...

In this video I explain how to find the optimal consumer bundle given a utility function and a budget constraint.

Join me as we walk through 6 of my favorite utility functions to use across my numerous Python projects, including rationale for ...

So leant utility function model situ you know it is a situation where goods are consumed in a specific ratio and the consumer ...

This video explores utility theory in decision analysis.

Discover whether it's a good practice to pass React Hooks into utility functions. Explore alternative approaches for managing state ...

In this lecture we have discussed "Concave and Quasi-Concave" Functions in the Theory of Uncertainty, PhD Advanced ...

In this video we will solve a question on leontive utility function and how to find out the optimal consumption bundle the question is ...

In this video I explain how to maximize utility given two goods that are perfect substitutes.

In this video I explain the concept of corner solutions as they relate to indifference curves in microeconomics.

Struggling to make decisions when multiple priorities are involved? In this video, we dive into Multi-Attribute Utility Theory (MAUT) ...