## Utility Maximizing Bundle

How to find the utility maximizing combination of two goods given the price of each good and the utility function U(x,y) of a consumer.

From Tutorials

How to find the utility maximizing combination of two goods given the price of each good and the utility function U(x,y) of a consumer.

From Tutorials

Finding the consumer's optimal bundle.

From EconProfessorKate

Using indifference curves to think about the point on the budget line that maximizes total utility Watch the next lesson: ...

From Khan Academy

This video shows how to maximize utility subject to a budget constraint.

From 1sportingclays

This video shows how to optimize utility subject to a budget constraint with a perfect substitute utility function.

From ajecon

Learn more: http://www.policonomics.com/utility-maximisation/ This video explains how utility maximisation works, both from the analytical and graphical points ...

From Policonomics

Utility Maximization with Budget Constraint & Indifference Curves - word problem and solution - with two-good market, budget line and indifference curves. Find ...

From economicurtis

This video gives an example of maximizing utility with three goods--that is the consumer's utility is a function of three goods: U = f(x, y, z)

From 1sportingclays

This video examines 5 different utility functions, deriving their corresponding marginal utility functions and solving for the marginal rate of substitution.

From 1sportingclays

This video shows how to maximize consumer utility subject to a budget constraint.

From 1sportingclays

Video tutorial on marginal utility (MU) and marginal rate of substitution (MRS) using calculus used in Consumer Theory. Video shows how utility is constant ...

From Economicsfun

This video presents the mathematics behind the Edgeworth Box. I demonstrate the equilibrium solution (Walrasian) to an exchange economy with two ...

From 1sportingclays

In this video, I demonstrate how to draw budget constraints (given prices and income). I also demonstrate what the utility maximizing bundle looks like with ...

From intromediateecon

From ronalddaviesuo

This video shows how to maximize utility subject to a budget constraint for a perfect complements utility function.

From ajecon

Practice problem on finding Cobb-Douglas demand functions Need to know before watching: -Partial derivatives -Basics of utility and budget constraints ...

From Star Micro Econ

I show a trick for finding the Marginal Rate of Substitution function if you have a cobb Douglas utility function. Works for MRTS (marginal rate of technical ...

From BurkeyAcademy

Step-by-step process to solve for Cobb-Douglas demand functions Need to know before watching this video: -Partial derivatives -Basics of utility and budget ...

From Star Micro Econ

From 1sportingclays

This video demonstrates how to maximize a consumer utility function of the form U = min.(ax, by).

From 1sportingclays

Finding the optimal consumption bundle with CES (Constant Elasticity of Substitution) utility function using Lagrange Multiplier.

From Young Wu

In this video, I demonstrate how to draw indifference curves when a consumer has perfect substitutes preferences. I also demonstrate how to find the optimal ...

From intromediateecon

Marginal Utility Calculation Example - Given price/demand schedule, calculate marginal utility. Discuss. Find more solutions at: ...

From economicurtis

Optimal Consumption Bundle Example Explored - Given demand schedule, work through the calculation of a consumer's optimal consumption bundle.

From economicurtis

ECON 100 Concept. Watch after Graphing Indifference Curves.

From Stephanie Powers

This lesson introduces the theory of consumer behavior that says in order to optimize or maximize total happiness or utility, a consumer should purchase goods ...

From Jason Welker

This video shows how to use marginal utility and prices to maximize utility. The problem is taken from Economics: Principles and Applications, 6th Edition, ...

From jodiecongirl

Learn how to derive a demand function form a consumer's utility function. In this problem, U = X^0.5 + Y^0.5.

From 1sportingclays

This video ishows how to optimize utility with a perfect complements utility function.

From ajecon

Utility Maximization with Perfect Substitutes.

From Yamil Guevara

We go through the basic idea of intertemporal utility maximization with two periods. We solve a basic problem with a Cobb-Douglas Utility function and an ...

From BurkeyAcademy

From 1sportingclays

U(X,Y)=2Y+4Y Px=2 Py=1 Income = 100 Go watch the one on how to do general utility maximization first!

From ronalddaviesuo

Find the optimal consumption bundle in a two-good economy. Then, given prices changes & income changes - re-do this. Discuss income and substitution ...

From economicurtis

How to use the Lagrangian to find the optimal consumption bundle of two goods using a simple Cobb Douglas Utility function.

From Joshua

Indifference curves for normal goods, substitutes and perfect complements Watch the next lesson: ...

From Khan Academy

This video introduces the Cobb-Douglas utility function for two goods and demonstrates some of its properties. I demonstrate how to compute marginal rate of ...

From intromediateecon

Learn more: http://www.policonomics.com/marginal-rate-of-substitution/ This video explains how to calculate and use the marginal rate of substitution (MRS).

From Policonomics

not the optimal bundle for the consumer.

From EconProfessorKate

In this video, I introduce quasilinear utility. I show how to compute marginal rate of substitution for quasilinear utility, as well as the result that the indifference ...

From intromediateecon

For the Advanced Microeconomics Review please go to: http://bit.ly/2aj1txm "AP" is owned by the College Board which does not endorse this site or the above ...

From AdvancedEcon

From Hla Sein

Mr. Clifford's 60 second explanation of utility maximization including how to calculate utility per dollar. Please keep in mind that these clips are not designed to ...

From ACDCLeadership

Instead of the usual cobb-douglas, here I illustrate maximizing utility with a quasi-linear utility function.

From BurkeyAcademy

From OCCSFECON Moeller

Here is a video I made for my students showing them how to find the consumption bundles for an agent facing two different interest rates. I offer online tutoring ...

From James Tierney

This video introduces a unit on general equilibrium by describing the mechanics of "endowment economy" budget constraints. For a list of videos and links to ...

From intromediateecon

tutorial on marginal rate of substitution, optimal bundle and price ratio lesson.

From Charlie Wright