Utility Maximization using Lagrange Method. utility optimization

[@cartilo2619]

Hello, I just want to say thank you for this video! My college professor in Microeconomics made it so hard to follow but applying your techniques made everything faster and better. Thanks again, sir

[@chudail7393]

what anime character is that

[@cartilo2619]

​@@chudail7393 great teacher onizuka

[@AnimalDigitalAD]

Incredibly clear demonstration - thank you!

[@miraamir9961]

This vedio is very helpful for me nice explanation sir thank u ❤

[@harunresulovic4450]

By far the clearest explanation of the topic!

[@lukashein6238]

Amazing video, very clear and structured!!

[@kakashihatake1029]

Wow this was super helpful. I like how you went through the math as well which is super helpful for people like me. I often get confused when professors just assume that we know the math

[@xkcez]

Great video easy to understand

[@ECONMATHS]

Thanks for the appreciation

[@jle5714]

Beautiful work

[@ECONMATHS]

Thanks

[@ruchitimes739]

Perfect video on this topic thank you so much sir ❤❤

[@samuelmwasambu8992]

Thank you for the clear demonstration!

[@soniverma7107]

Great use of limited resources thanks for this sir

[@akueimading5097]

Very excellent

[@LetsExploreWorld]

Thankyou for sharing 😊

[@ECONMATHS]

My pleasure

[@rugaregoremusandu7748]

Thank you, it is becoming clearer to me

[@fewsty4960]

you are the best

[@ShadowRonan]

Thank you, sir. Very clear and helpful.

[@geraldikaz1981]

Very clear explanation. Much appreciated! from the UK👌

[@fahad7148]

Preciate u ma boi

[@e.pm.c7158]

Thank you my good sir!

[@ImranAli-uo8tv]

Thanku for your good session...Sir

[@ECONMATHS]

My pleasure

[@pedrocolangelo5844]

Amazing video, thank you so much! Greetings from Brazil

[@ECONMATHS]

Thanks for the appreciation

[@shireenkhan6847]

Thank you so much Sir, God bless you

[@SafanaNaveed-pn1dl]

its good

[@arifahmad4646]

Excellent sir and thanks for this

[@TishyaDarshaneeDassaye]

thank you for your video! really helped.

[@alibaloch7860]

Very good sir

[@ECONMATHS]

My pleasure

[@francismali5840]

Guru👌🏾🔋

[@AnushkaRathor-m9p]

Sir please numerical bhi krwa do... Please

[@Hitesh_0421]

Thank you very much dear

[@ECONMATHS]

My pleasure

[@lamarnash2439]

Thank you for the lesson. When would this equation be applied in real world scenarios?

[@kushfw]

while creating consumer bundles

[@FIRENESHWORKU]

Thank

[@ECONMATHS]

My pleasure

[@adlmuz]

Hello, I am trying to find the reason when to use the Lagrange method. Some questions do not mention finding utility maximization. They provide utility functions, prices, and income. and ask to find income and substitution effects. Can you help me with that? Thanks

[@Asimabatool-ds4ym]

When we have to find out either it is maximizing or minimizing function exactly. And it is a complete theory that defines P.E I.E S.I Which causes slutsky , Hickson and marshalian demand curve

[@Xxxs361]

Generally when there is constraint like in this problem (budget should not cross 120 or budget constraint) we use Lagrange multiple.

[@riekbolriek1201]

Thanks you so much

[@shahubaid424]

Thanku sir

[@ECONMATHS]

My pleasure

[@SaifulIslam-sq6ee]

thnx man. helped a lot

[@asdcsd2682]

thank you bro

[@neetusaadnimbarkeconomicst4257]

Thank u

[@fartagliatate]

😍😍

[@Eduardo-xl8hu]

Awesome video, ou just made a small error in the begininng when you moved the 120 to the other side it should have been negative

[@kodsxtreme.1359]

I think I’m this case he decided to keep 120 where it was and moved everything else over to the other side. So 120 stayed + but 6x and 3y became the -. If that’s the part you’re on about

[@asdcsd2682]

ty

[@user-vh1gc1ct6z]

Hello sir, please suggest a book on mathematical economics

[@ECONMATHS]

mathematical economics by T Dowling

[@charu-f1g]

❤

[@supornachakraborty2738]

Sir why did you divide eqn 1 and 2 please tell

[@matthewhaddad9748]

thank you!!!!!!!

[@ECONMATHS]

My pleasure

[@lucynjoki3694]

Where did you get 2 from

[@shouvikbanik]

How do you get the total utility

[@chimwemwenjobvu4423]

Isn't x^(-¼) ÷ x^¾ = x^-¹... when dividing with the same base don't we simply subtract the exponents? In this case -¼-¾=-1?

[@prakhardhyani3053]

X^-¹ is simply 1/X so X is in the denominator

[@eltonloverboy]

How did you solve 3/4 - 1 to get -1/4 ?

[@ECONMATHS]

You subtract 1 from 3/4

[@dubstaken3239]

I love you

[@Alien______X0000]

L3z bik Akhay lhindi

[@marulindamarcialcastillo7539]

Dios mio ayudenme con esta vaina que no entiendooo😭😭😭😭😭

[@rahiraghuvanshi726]

Thank you so much

[@rafsanmahboob9634]

thank you

[@carloh.montemayor9662]

thank you

[@PSYCHOHIGHER]

thank you