Deriving Hicksian Demand by Hand

[@farhanabdi5757]

You can't image how this video help me.Thank you very much.

[@arlenemarmolejo6505]

Best video hands down! thank you!

[@poetryaddict1]

this was truly amazing. thank you so much!

[@sameeradhanushke1272]

Thanks to you..I got perfect with your videos...

[@BurkeyAcademy]

Nice! Great job!

[@revysingh]

can you put the link for the cobb douglas MRS video mentioned

[@BurkeyAcademy]

Yes, here it is: kzbin.info/www/bejne/n4anZJSser54hLs

[@shimoo1985]

Many Thanks

[@iamgiliberto]

Do offer tutoring?

[@BurkeyAcademy]

No. Well, everyone has their price... but you can't afford me. ☺ $1,000 US per hour would be my minimum at the moment. I'm not that rich, but I AM that busy and exhausted. I wish you the best of luck.

[@iamgiliberto]

@@BurkeyAcademy best not to assume I can’t afford you. Thank you though. Great website.

[@subhasreebasak5067]

how to derive indirect utility fuction from hicksian demand funtions?

[@BurkeyAcademy]

Substitute the compensated demands into the Budget Equation, then solve for U. See my handout covering all of this, linked to and explained here. kzbin.info/www/bejne/il7UkI2Oosucgqs

[@subhasreebasak5067]

thanks a lot.... :)

[@jcdentonmj12]

Awesome!

[@thehornyvegan1425]

I love you

[@Sharpshooter649]

It doesn't give the same results. (0.3(x^-.7) y^0.3 ) / (0.7(y^-.3) x^0.3) doesn't equal 3y/7x

[@BurkeyAcademy]

Looks like you forgot a couple of negative signs there, Chief.

[@Sharpshooter649]

No. Even when I type 0.3x^neg.7 y^0.3 / 0.7y^neg.3 x^0.3 into Wolfram Alpha the answer is .42 y^0.6/x Your answer was close but still wrong

[@BurkeyAcademy]

My answer isn't wrong.- you must be typing something incorrectly into Wolfram Alpha- though you ought to be able to just do this by hand. See image: imgur.com/a/YBPFR

[@Sharpshooter649]

Yeah, I think your answer is right

[@naziamahmud1602]

t h a n k YoU