Elasticity of Substitution in Production: Cobb-Douglas

  Рет қаралды 51,206

Economics in Many Lessons

Economics in Many Lessons

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@bavarian-automotive
@bavarian-automotive 5 жыл бұрын
<a href="#" class="seekto" data-time="301">5:01</a> why does the 2 disappear
@EconomicsinManyLessons
@EconomicsinManyLessons 5 жыл бұрын
When you take the partial derivative with respect to L, the exponent on L, the 1/2, is brought down in front and multiplied by the 2 to get 1.
@stanzindothon2436
@stanzindothon2436 4 жыл бұрын
Thank you for simplification of the complicated mathematics
@Easynimics
@Easynimics 6 жыл бұрын
Yes sir,I found this video very helpful.Thank you so much sir.
@kevinlevin9651
@kevinlevin9651 4 жыл бұрын
How did dz/dv = 2 in the final step?
@alankarpednekar4039
@alankarpednekar4039 3 жыл бұрын
hi Kevin, on the second last page at 7:36 he has came up with a result of ' z = 2*v '. and then on, last page he has just differentiated this equation i.e. z = 2*v ; with respect to v, which is nothing but d(2v)/dv=2 d(v)/v = 2. hope this solves your query..!
@haarrnoor
@haarrnoor 6 жыл бұрын
very helpful video. Thank you so much
@EmanEman-xn1de
@EmanEman-xn1de 5 жыл бұрын
بهذه الطريقة فإن المرونة دائما تساوي ١ في النهاية! هل هذا منطقي؟
@jephiasmakiwa
@jephiasmakiwa 8 жыл бұрын
Really nice
@amanswarnkar3626
@amanswarnkar3626 7 жыл бұрын
Really good
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