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Why does the indifference curve shift when the price of concert tickets decreases?

I'm here for our report this helps us so much

ty sssssoooo much. so much better than my prof fs

very well taught thankyou

you just saved me fr,i have like 4 different sets of notes and your lecture is simple and to the point thank you

Thank you ❤

Probably the best 🌟

if everything was so easily understood😭

Thank you for this video! You're saving my GPA. ETERNALLY grateful for you!!

Finally get it😩Thank youuuuu

Thank you sir

Thank you. Great explenation !

You have no idea how well you explained this. Omg

Kyle Charles Wilson marry me you are the best

W video

This is well explained .Thank you

Thank you so much!! Surely the best video of this concept ever made! God bless you always!!

thank you!!

What most people that is from Advanced Level going up miss the point is first you must define Substitution and income effect on the context of the diagram..SE is defined by a shift in the combinations of goods consumed but this movement yields the same utility ie movement along the same Indifference curve..Income effect is defined by a parallel shift of the BL and I to give new income and new utility level...

amazing

What if there is a change in price with movies ? Let say a decrease, how will the graph look like?

What a hot Professor 🤤

я жаба раздавленная на дороге((

great explanation, thank you!

Sir, is that slusky's method? Can we explain which ways to infulence normal, inferior and Giffen goods from slusky's method? Sir, can you explain it further clearly?

I honestly think these concepts don't make sense irrespective of who is trying to explain them because they just don't make sense.

Thank youuuuuuu Kyle!!!!

Thank for the marvellous explaining. You've not only showed the graph but also the reasoning behind how all this works. Definitely in compliance with the philosophy of education.

You're a gem! Thank you!

Brody Wellmaker??

Phenomenal explanation. Thank you so much!

Thank you so much for this video!!

7 years later ans still saving lives

Beautifully explained. I'm Watching 1 day before my presentation at college.

Loved it

This was very well explained. Would be nice if you explained for inferior graph too.

Nice explanation

You've just gained one more subscriber

Thanks for this!

Amazing lecture

thank you sooo much

i don't understand how does the buyer see new prices without the income boost? I thought the income boost (BC2) was due to the decrease of prices

Wow 👌, great explanation, I really appreciate it

Thanks!

THANK YOU

L E G E N D

legend

7:12 "What would happen if our consumer faced this new prices, but was not allowed to feel richer? Shift the new budget constrain down until it touches the old indifference curve." This calified what I have ben struggeling with all afternoon. Thanks! Best explanation!

Thnks