please continue series of lectures of this book, no any full lectures are available of this book on net. you have explained very well from most of the teachers
That's a good question--we're allowing output to vary given the selection of inputs which are chosen optimally. The key observation is that the level of inputs affects revenue (via output produced given the production technology) and costs. That said, we could fix the level of output and then find the least expensive combination of inputs to accomplish this, which is the cost minimization problem.
please continue series of lectures of this book, no any full lectures are available of this book on net. you have explained very well from most of the teachers
Thanks a lot for these videos! They are really helpful :) and I think your puppy was telling you to give a puppy break 😂😂
Awesome, yes, agreed about the puppy!
Thanks, Ben you're the best!
Great Video! Thank you :") Can you make a few videos solving problems from Varian Workbook?
You know how to explain sir keep it up..varian is hard to understand do some videos are helping us alot
Explanation is very good but your work is not clear in most of your videos
Exam #2 Solution Walk-through: ua-cam.com/video/78zvXJpz9o0/v-deo.html
I wanted to ask a query
Is output taken as constant while studying this ch?
That's a good question--we're allowing output to vary given the selection of inputs which are chosen optimally. The key observation is that the level of inputs affects revenue (via output produced given the production technology) and costs. That said, we could fix the level of output and then find the least expensive combination of inputs to accomplish this, which is the cost minimization problem.