Comparative Statics - Profit Maximization

This video goes through a comparative statics analysis of an increase in the wage (w1) on the number of workers a firm hires (x1*). It follows the notation in Hal Varian's Profit Maximization chapter from his Microeconomics Theory textbook.

[@marifkhan7054]

very informative and unique explanation. great thank you, please continue series of lectures on chapters in this book(varian) if possible.

[@PJWOODS]

Great video!!