A.7 Cost minimisation | Consumption - Microeconomics

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This video explains how cost minimisation works, both from the analytical and graphical points of view. We start analysing cost minimisation as the optimisation problem it is, followed by a graphical analysis of the optimum point of consumption.
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[@fawadbahij8871]

hi dear, first and foremost, i cannot find proper words to thank for the most fruitful videos you have made. you even summurized the whole session of lessons we are taking nowadays in a short video. im wondering if the scripts of this videos "importantly this play list" is available? that would be a great assistant to me. im looking for your respose. regards....

[@Policonomics]

This video explains how cost minimisation works, both from the analytical and graphical points of view. We start analysing cost minimisation as the optimisation problem it is, followed by a graphical analysis of the optimum point of consumption. A.7 Cost minimisation | Consumption - Microeconomics Learn, and enjoy!

[@adawiyahsafruddin5435]

Hicksian Demand function is minimizing expenditure s.t utility constraint. Am I right?

[@Policonomics]

Dear +Adawiyah Safruddin , Yes, you are correct! You can watch our video on Consumption duality, which covers the subject: kzbin.info/www/bejne/j56yg3mog9dmna8 Also, we have just uploaded a new video on subadditivity: kzbin.info/www/bejne/p4icenmqhd5pia8 Best, The Policonomics Team

[@adawiyahsafruddin5435]

Thanks!