Proof: Cobb-Douglass is Special Case of CES

[@ohad157]

"For my next trick, I'll take the same CES function and turn it into a Leontief utility function."

[@ethanekat]

very helpful! couldn't find another explanation this clear anywhere else, and instructors tend to hand-wave this.

[@michellekatarine2700]

This really helped me a lot. I couldn't find any good answer online until I came upon your video. Very well explained - thank you! :)

[@ujjwalsharma7283]

Excellent Explanation. Please make a video on the Leontief Production Function as well. Thank you.

[@khyatichouksey8927]

Presented with great clarity, I was looking for this. Thank you!

[@mariiapanga3844]

Thank you so much for this detailed video! The most useful explanation that I found.

[@nikolasschiozer4740]

Great video! Helped A LOT!!! Thanks!

[@EconomicsinManyLessons]

I am glad to hear!

[@edrice2009]

That video helps me a lot. Thank you.

[@medsalemdah]

show that the leontief production function is a special case of the CES production function thank you

[@julietorgersen4895]

Thank you!

[@EconomicsinManyLessons]

You are welcome!

[@shubhamchandrakant3144]

Very helpful 👍🏻

[@vish_youtube]

How can we derive elasticity of substitution in case of fixed coefficient type production function?

[@sundaemekss7486]

why we needs to add natural logs before we check ?

[@reaniegane]

Your explanation is wonderful. Can you please be a professor?

[@EconomicsinManyLessons]

Thank you!

[@muneerkalliyil7603]

Wonderful

[@EconomicsinManyLessons]

Thank you!

[@user-om7jp2zi4v]

Awesome!

[@emmasarhdaoui7307]

Could you do it for the Cobb-Douglas Utility Function when ρ -> 0 please? Initial utility function is: U = [ ∫ from 0 to n of q(ω)^ρ dω ] ^(1/ρ)

[@ohad157]

Wouldn't an easier way to do this would be to show that the MRS of both CES and CD functions coincide when p=0? 🤔

[@glennwatson3313]

Well, you are definitely not talking down to your audience. Is constant elasticity the same as perfect elasticity?