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In this video, I explain inferior goods, a non-standard case in consumer choice, where demand decreases as income increases.

They use the Utility Maximization Rule. To get the most "bang for your buck," you should allocate your spending so that the last ...

Welcome to a deep dive into one of the most powerful tools in an economist's toolkit: Lagrange Multipliers. In economics, we are ...

Welcome to a comprehensive masterclass on Economics and Mathematics. Today, we dive into one of the fundamental pillars of ...

... at um maximizing profit that's why they always like desire higher prices and consumers are also aiming at maximizing utility and ...

This video explains the concept of elasticity of demand and supply in a simple and practical way. It shows how consumers and ...

Hello guys, As per the ISC GUIDELINES , there are some important points that students need to keep in mind while appearing for ...

... determine which asset they choose right so the efficient frontier gives me my choices maximizing utility based on those choices ...

In this lecture, Amjad Bin Talib explains NCERT Economics (Micro Economics) – Chapter 2: Theory of Consumer Behaviour in a ...

ver wondered why the first sip of coffee feels like magic, but the third cup makes you regret your life choices? Meet Sean and ...

About: "In this episode, Peter Joseph addresses the release of the Integral White Paper, as the core focus, and critiques the ...