Thank you so much sir for this elaborate explanation .. most videos show you how to draw the curves without the mathematical explanation. This concept now makes sense to me because of your explanation. Thank you so much
May be because There is no change in the good y in terms of price and quantity There is only change in price of x If there was change in y too then there was a change in utility function As y is same till over the final demand It gets change only during decomposition bundle and that too on same indifference curce leading to utility function same ( constant) This is what I have understood May be I m wrong You can correct me further
Further in hicksian approach, real income is measured in forms of utility and a constant real income means a constant utility. That's why also utility function remain same
Thank you so much sir for this elaborate explanation .. most videos show you how to draw the curves without the mathematical explanation. This concept now makes sense to me because of your explanation. Thank you so much
Thanks for the appreciation brother
Nice approach to clear concept through ques in your videos .
This is the best explanation by far, thank you!
Thanks you..
I'm watching from Tanzania
Very well explained! Thanks for your help, just in time for me to understand it
Thanks for the appreciation brother . If you think so then please share this channel with your Economics friends
Thanks a lot!
You elaborate this tough question very easily!
Warafanahu makana aliyya❤
It's brilliant lecture!!
Thanks for the appreciation brother
It's very easy to understand thank you sir ❤
Great video
Phenomenal explanation sir.
mad respect to you sir!
Outstanding sir
wonderful well explaine
Thanks for the appreciation
Very very thanks sir for this topic mathematically 🙏🙏
Thanks for the appreciation brother. Stay blessed
thank you so much now I can take my final exam.
Thank you 🙏
Thank you !
Why does the utility function remains the same when the price of x falls
May be because
There is no change in the good y in terms of price and quantity
There is only change in price of x
If there was change in y too then there was a change in utility function
As y is same till over the final demand
It gets change only during decomposition bundle and that too on same indifference curce leading to utility function same ( constant)
This is what I have understood
May be I m wrong
You can correct me further
Further in hicksian approach, real income is measured in forms of utility and a constant real income means a constant utility.
That's why also utility function remain same
Brilliant explanation! 🤝to my exam I go😃
thanks for the appreciation brother. please share this channel with your friends also
Is this Hicksian method or Slutzky method?
Hicksian method
Which country you belong to.