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Thank you! I was really lost with these concepts until I found your very clear explanation.
you explained the SE and IE really well. Thank you so much
You are welcome. I appreciate the comment!
You literally saved my life, and my assignment xD thank you for the amazing explanation!
I am glad the video helped!
facts bro, video is so lit
Your videos are great! Thank you!
Would have loved to see some explanatory graphs
You just saved my life
Great video and great explanation! Hats off to you sir!
Thank you! Clear explanation.
In the case of a decrease in wage, the substitution effect causes a decrease in the hours of work. In this case the labour supply curve slopes downward. The income effect causes the slope to go upwardsIs that correct?
Thanks
Don't the substitution effect and income effect have same direction in case of normal goods?
No that is only the case if leisure is an inferior good. Then they move in the same direction.
sir plz add Hindi language caption on your videos I am sure that many Indian student will found great teacher
💚❤💚❤💚💚
❤️
themxx
Thank you! I was really lost with these concepts until I found your very clear explanation.
you explained the SE and IE really well. Thank you so much
You are welcome. I appreciate the comment!
You literally saved my life, and my assignment xD thank you for the amazing explanation!
I am glad the video helped!
facts bro, video is so lit
Your videos are great! Thank you!
Would have loved to see some explanatory graphs
You just saved my life
Great video and great explanation! Hats off to you sir!
Thank you! Clear explanation.
In the case of a decrease in wage, the substitution effect causes a decrease in the hours of work. In this case the labour supply curve slopes downward. The income effect causes the slope to go upwards
Is that correct?
Thanks
Don't the substitution effect and income effect have same direction in case of normal goods?
No that is only the case if leisure is an inferior good. Then they move in the same direction.
sir plz add Hindi language caption on your videos I am sure that many Indian student will found great teacher
💚❤💚❤💚💚
❤️
themxx