👍🙏that was so informative, thank you so much for such detailed clarification.
@tubeone49183 жыл бұрын
Great sir
@rajeshsahoo5823 жыл бұрын
Thank you sir for giving us use full knowledge about indirect utilities
@ChristianTv2167 ай бұрын
Well explained
@user-cc2be1cn1j9 ай бұрын
what can you say about the lumpsum principle in perfect complement utility function
@dreamerlearner66102 жыл бұрын
Source nicholson n snyder!
@franklinchukwuemeka3785 Жыл бұрын
Thank uuuuuu 😭
@sasni34653 жыл бұрын
could you please explain about your conclusion (18:24) about why the 2 scenarios collect the same tax =$2 because if we try to solve tax revenue in scenario 2 it will be $3 However, i'm not really sure about my result
@NapolyonKiKo3 жыл бұрын
In the second scenario we chose income taxation. Remember our initial income, I, was $8. So, I=8. Then, even if we stop taxing the goods, we still want two dollars worth of taxation revenue. So our income tax is $2. Thus, our income minus taxes, I*, is 8-2=6 dollars. Therefore, our tax revenue I - I* = 8 - 6 = 2. You see, it is not even a conclusion. Our tax revenue is a goal that is intially given.
@shahshah1373 жыл бұрын
@@NapolyonKiKo I think u forget to take root of income that is root 6