Budget Line

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What I can buy with my income
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[@TroyCodby69]

Sal, Your videos on indifference curve, marginal utility and Budget Line has really helped me. Thank you so much!!! :')

[@BumblebeeApples172]

Wait!! Stop!! ................... MY BRAIN DIED

[@linetgacheri8943]

😂😂😂

[@drunkwhenimadethis]

for real mine too

[@arjanbaraku6281]

For real men

[@Prince_Sharming]

Maybe I'm not seeing this, but what's the point of doing all this math when you can just find the extreme values and draw the line between the two points?

[@lukasgraumans3046]

my tought exactly, i just assume sometimes the teacher wants to know how you got it but there are easier methods ngl

[@mwmwmwmwmwmmwwmmwmwmwmwmw]

I feel like you could have explained this one in a more simple way. Nonetheless, I'm really thankful for all these videos.

[@Didi-xe9bg]

agreed...

[@azrahumayra7684]

this video felt kind of all over the place but I still understood what you taught

[@WSCOMPUTER]

The simplest way to plot budget line is to plot two points: 1) on X-axis: Y/Py, 2) on Y-axis: Y/Py, where Y=PxQx+PyQy, and join them

[@basharhuda]

It was simply 2x + y=20. Why did you make it so complicated?

[@StevieMack]

You made plotting more fun than any of my math professors. Good show 'ol chap! THANKS!

[@스타라가드]

Wow 10yrs ago and Im here on 2022 I love math but I hate wasting time on understanding

[@naya2276]

thank you for saving my life ....you are amazingggg

[@mickwielders6242]

thank u i dident understand how my teacher explained it but did when u did so thank you alot

[@Burqaatubei]

Given utility function U=X^0.5Y^0.5 where Px=12birr , birr, Py =4birr and the income of the consumer is , M=240bir A) find the utility maximizing combinations of X and Y hurry one video

[@rubensaenz1027]

Some body please answer this question, why does the opportunity cost remain constant for the budget line but increases for the production possibilities model?

[@mensah7919]

ruben saenz the ppf has a curved shape because of the law of diminishing returns

[@user-zk5dz8nk6m]

@@mensah7919 I'm more confused now

[@umminurannisa9224]

The different is their curve

[@girllx1528]

Because in budget line there is always a fixed income.

[@LateDollars]

Isn't this just a Production Possibilites Curve adapted to the buyer's side?

[@PHAPPSWE]

I allways understand what you mean and i'ts fun to listen/whatch you vids! Gratz you just got a new subscriber :D

[@noneofurbusns3139]

You guys, he did all the math to find Qc in terms of Qf, he drew the budget line, he explained that the slope is the relative opportunity cost if you don't understand then you're the problem.

[@imranmoumin]

I feel like you could have explained this in a more simpler way. You made it hard understanding it.

[@iwillbeback8686]

You complicated this man

[@armstrongshumba-lu3iz]

u a right bro

[@FXFXFXFX]

so essentially, the absolute value slope of the budget line is the price of good x divided by the price of good y

[@TheLegendsofHipHopTV]

This was way ahead of it's time.

[@tqsqra]

@RoundSquareFilms it's a free drawing software called SmoothDraw 3 (they did a video about it)

[@QuickSilverD]

Could you talk about goverment budget next? especificaly would you highlight the diferences between a personal or family budget vs a goverment budget

[@Acerola211]

It's funny how "efficient" can be defined so differently in different areas of the same subject.

[@SushminaBaidya]

wow great now I forgot the slightest concept i had about budget line after i watched this video. thanks. -_-

[@3pleLL]

Welp, I pause a little when i get confuse. But overall I get it. I just wish i still remember how to do the math of slopes (Learned it well from Khan though). I use yt for Khan for free yt of my subscription. Khan Academy is the best tbh.

[@delmancefrancis2542]

confusing

[@Burqaatubei]

Given utility function U=X^0.5Y^0.5 where Px=12 dollar Py =4 dollar and the income of the consumer is , M=240dollar. A) calculate marginal rate substitution of X for Y (MRSxy) at Equilibrium? One video hurry hurry!!!

[@danzkx9]

10:16 I think u mean to say that for every extra pound of fruit u buy, u have to give up 2 *bars* of chocolate. You said 2 *pounds* of chocolate

[@samchan8980]

wait but regarding the real income, if i get 0 chocolates, isn't it income/amount of good = 20/0 ????

[@laurisskraucis2247]

i dont know what you find confusing,this is simple math

[@nelsonnyimbiri3613]

Thank you so much

[@hugorayo5935]

Can you talk what is budget

[@ayulleya.a6710]

How do you do household Bill's?

[@bibekpokharel6395]

i love this contain ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤

[@badumtss20]

love u sal

[@스타라가드]

Its 2022 and Im watching this bc I have final 🥹

[@pazj1233]

how old are y'all?

[@lukasgraumans3046]

16 for me but i feel like i am quickly dieing studieing econ

[@goodmorningji1080]

Confused person explaning constrain

[@syedjawadalishah8051]

confused

[@delali_ahiabor]

Ikr me too

[@delali_ahiabor]

Ikr me too

[@PurplePugLove]

sigh. can't ask a fish to climb a tree

[@SpatTaps]

this was the worst

[@davkayo6757]

who came here because of Bernardo Acosta?

[@mpamyabigwigeeyoung118]

😘😘😘😘😘😘

[@siddharthagautam9332]

I don't like chocolates, ewe..

[@veenyako]

Thankyou so much! Needed this!!

[@Akumar-kh7yf]

Hi

[@Akumar-kh7yf]

From

[@Jughand]

gut the fuck $$$

[@vlz.matthew]

very very difficult to understand. 3/10

[@myspica424]

first to like SAL :)

[@waqas9348]

Khan academy makes everything difficult to understand

[@iwillbeback8686]

Poor

[@SpecifiedPacifist]

Why didn't you just use numbers Jesus Christ this is overly involved

[@BootieChugger]

this is exactly how teachers explain it which sucks

[@swarajdeb5112]

confused