Thank you so much, I’m struggling with why ev=cv when there is no income effect and why at this time walrasian demand equal Hicks Ian demand. And your video( this and another) gave me clear explanation!
Hi! Thank you for this video, it was very useful and well-made. I still have one question on my mind: in the graph you drew there are three different indifference curves and every point belongs to a different one. I've seen other videos/books and sometimes the two points (that we can call A and B, the close ones) lie on the same indifference curve. When does that happen? Why sometimes we draw 2 indifference curves and other times we draw 3 of them? I'm struggling a lot. Thank you in advance, have a nice day 😀
![(M4E5) [Microeconomics] Finding Income and Substitution Effects: Example for Slutsky Decomposition](http://i.ytimg.com/vi/Z752zFsd7N0/mqdefault.jpg)
![(M4E5) [Microeconomics] Finding Income and Substitution Effects: Example for Slutsky Decomposition](/img/tr.png)
![(M4E2) [Microeconomics] Demand Curves: Marshallian vs Hicksian (Compensated) Demand Curves](http://i.ytimg.com/vi/JmS5DCtw524/mqdefault.jpg)
You are awesome..... Amazing teaching style..... And your understanding of the subject is phenomenal...
SURELY YOUR LECTURES ARE ADDICTIVE.
Thank you so much, I’m struggling with why ev=cv when there is no income effect and why at this time walrasian demand equal Hicks Ian demand. And your video( this and another) gave me clear explanation!
so helpful! Super clear!!!
Your videos are great!!
perfect teacher
thank you
🙏
Great explanation
Hi! Thank you for this video, it was very useful and well-made. I still have one question on my mind: in the graph you drew there are three different indifference curves and every point belongs to a different one. I've seen other videos/books and sometimes the two points (that we can call A and B, the close ones) lie on the same indifference curve. When does that happen? Why sometimes we draw 2 indifference curves and other times we draw 3 of them? I'm struggling a lot. Thank you in advance, have a nice day 😀
Why are you using x_m as the intermediate variable? Wouldn't x_h make more sense as you are moving along the Hicksian demand curve?
Great!
hocam adamsın
Batman😂