Deriving Short-run Cost Functions from a Cobb-Douglas Production Function

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  • Опубліковано 10 гру 2024

КОМЕНТАРІ • 60

  • @R1C4RD0R3D15
    @R1C4RD0R3D15 7 років тому +6

    Yeah, I must agree. I have an assignment due tomorrow, and you make it all too easy to understand. Hats off to the real MVP's of this world.

  • @danbagaporo
    @danbagaporo 9 років тому +34

    Dear sir, you have saved another hapless econ student from his exams. Have my thanks and like.

  • @papasmurfmikey3
    @papasmurfmikey3 9 років тому +1

    Saved me hours of looking through boring slides. A thousand gratitudes for you sir!

  • @fb4680
    @fb4680 3 роки тому +2

    You re best teacher of economics I am thankful to God to find you 💖

  • @samuelrodrigues2939
    @samuelrodrigues2939 10 років тому +6

    thank you very much! gonna have an economics test tomorrow, had a hard time sorting this thing out.
    You're a diploma saver :)

  • @Sean-rm1in
    @Sean-rm1in 9 років тому +8

    almost two years later best video on youtube

  • @sallya2650
    @sallya2650 7 років тому +13

    Thanks for saving me before my midterm tomorrow:)

  • @David_Gyamfi
    @David_Gyamfi 5 років тому +2

    THANK YOU😭😭. U are the best man Econs teacher so far and have made me excelled with an A+ in Man econs just learning from all your managerial Economics videos.,❤❤ U de best bro......

    • @EconomicsinManyLessons
      @EconomicsinManyLessons  5 років тому +1

      Thank you for the kind words. It makes me feel really good when the videos help students. Keep up the good work.

  • @becca2324100
    @becca2324100 6 років тому

    Thank you for saving me, a poor, helpless econ student from my exam.

  • @mimi230classic
    @mimi230classic 10 років тому +4

    You're a life saver, man!! Thank you!!

  • @evancampbell7138
    @evancampbell7138 6 років тому

    Great video! Many thanks all the way from Tasmania, Australia!

  • @nicoleee3821
    @nicoleee3821 7 років тому +10

    the question im trying to solve doesn't give me the value for L or K at the start of the problem?

  • @lilkriket6145
    @lilkriket6145 4 роки тому

    This saved me on micro, this video made me believe in god again, thank you so much!!!

  • @ezhik_tumanovsky
    @ezhik_tumanovsky 8 років тому +4

    Thanks)
    From Russia with love ;)

  • @DefaultDerrick
    @DefaultDerrick 5 років тому

    Oh my gosh. You are so good at this! This was so helpful!

  • @yolandamkize9076
    @yolandamkize9076 8 місяців тому

    Thank you sooo much for this understandable explanation Sir

  • @NatashaS7
    @NatashaS7 4 роки тому

    Thank you, you've just saved my life

  • @the.michellelo
    @the.michellelo 6 років тому +1

    Thanks for this video! Help me through my assignment!!

  • @jjaredrides241
    @jjaredrides241 10 років тому +2

    great video! If you could post more on intermediate microeconomics, that would be great!

  • @thabisohaizo4299
    @thabisohaizo4299 5 років тому +1

    i wish I saw this before writing my first semester test...

  • @maryolimova7649
    @maryolimova7649 8 років тому +1

    Thaaaaank you soooo much from Russia!!!

  • @zailous1702
    @zailous1702 2 роки тому

    Super helpful thank you very much

  • @garretwinterbottom6101
    @garretwinterbottom6101 7 років тому

    Absolutely brilliant! Thank you!!!!

  • @loucaluz3340
    @loucaluz3340 4 роки тому

    Omg you saved me for my homework

  • @spotlight_love
    @spotlight_love 4 роки тому +1

    Sir I have one question..
    The production funtion is
    400=80.k 0.5 K 0.5..
    Cost function = 40.l+10.k
    Now the question are..1.what is the optimal combination of capital and labour for the given level of production.
    2.what is the minimum cost at which this amount of output can be produced.
    3.confirm if this optimal combination is actually cost minimizing..
    Plz sir m stuck for a maths paper.. Help me

  • @laurasnieders4123
    @laurasnieders4123 3 роки тому

    This is the best!

  • @yeksnake2949
    @yeksnake2949 5 років тому

    thank you for saving me sir!

  • @banstaman
    @banstaman 8 років тому +1

    I'm having difficulty finding out how you find your initial K and L values if you have different alpha and beta values.

  • @Megan-vi5uu
    @Megan-vi5uu 7 років тому

    from hong kong with love ❤️

  • @aidenmessett2566
    @aidenmessett2566 4 роки тому

    Absolutely clutch

  • @FaizahPossible
    @FaizahPossible 3 роки тому

    Thank you so much

  • @indiaholt
    @indiaholt 10 років тому

    Super legit! Thanks man.

  • @soulzboijunior
    @soulzboijunior 4 роки тому

    great video

  • @muhadiism
    @muhadiism 3 роки тому

    i feel like i asked this before in this video but i can't find my comment so i'm gonna ask again, how did you get the ^0,5?? I've always been curious to that since it's always been given in the question

  • @MegaCokamo
    @MegaCokamo 6 років тому

    What if you have a problem that says the “isoquant” for Q = 40?

  • @tomchristensen7001
    @tomchristensen7001 5 років тому

    what do you do if you have different indices? say L^0.28 and K^0.68

  • @jiaxinghuang9462
    @jiaxinghuang9462 5 років тому

    This is really helpful! How can I connect with you? Cuz I hav some confusion of these questions? Thank you so much!

  • @robich4483
    @robich4483 6 років тому +1

    Thanks man!

  • @akotbarbra5940
    @akotbarbra5940 3 роки тому

    How do u get the value of q

  • @trainsolo4590
    @trainsolo4590 3 роки тому

    Thank you

  • @igniii3348
    @igniii3348 7 років тому

    From Antarctica with love :)

  • @parthpeterpatel
    @parthpeterpatel 6 років тому

    what do you do when you don't have "K"?

  • @esraelkarisa3887
    @esraelkarisa3887 2 роки тому

    so let us know what if the constant R and W you are not given how do you go about it

  • @ericschneider3766
    @ericschneider3766 7 років тому

    THANKS

  • @andreasandre5551
    @andreasandre5551 4 роки тому

    Please I have a problem in calculating

  • @AKHILDS-j3v
    @AKHILDS-j3v 6 років тому

    thanks sir

  • @AK.
    @AK. 11 років тому

    thanks!

  • @fb4680
    @fb4680 3 роки тому

    Abi sana çok teşekkür ederim vallaha ya

  • @getmogroupofcompanies5206
    @getmogroupofcompanies5206 6 років тому

    Sir can i have your email

  • @karishmakumawat4175
    @karishmakumawat4175 4 роки тому

    Hindi translation was terrible 😂😂

  • @biggee1
    @biggee1 2 роки тому

    Thank you