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

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  • Опубликовано: 4 янв 2025

Комментарии • 60

  • @danbagaporo
    @danbagaporo 9 лет назад +34

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

  • @R1C4RD0R3D15
    @R1C4RD0R3D15 7 лет назад +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.

  • @fb4680
    @fb4680 3 года назад +2

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

  • @papasmurfmikey3
    @papasmurfmikey3 9 лет назад +1

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

  • @samuelrodrigues2939
    @samuelrodrigues2939 10 лет назад +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 лет назад +8

    almost two years later best video on youtube

  • @David_Gyamfi
    @David_Gyamfi 5 лет назад +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 лет назад +1

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

  • @sallya2650
    @sallya2650 7 лет назад +13

    Thanks for saving me before my midterm tomorrow:)

  • @nicoleee3821
    @nicoleee3821 7 лет назад +10

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

  • @mimi230classic
    @mimi230classic 10 лет назад +4

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

  • @becca2324100
    @becca2324100 6 лет назад

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

  • @yolandamkize9076
    @yolandamkize9076 9 месяцев назад

    Thank you sooo much for this understandable explanation Sir

  • @evancampbell7138
    @evancampbell7138 6 лет назад

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

  • @lilkriket6145
    @lilkriket6145 4 года назад

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

  • @DefaultDerrick
    @DefaultDerrick 5 лет назад

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

  • @NatashaS7
    @NatashaS7 4 года назад

    Thank you, you've just saved my life

  • @ezhik_tumanovsky
    @ezhik_tumanovsky 8 лет назад +4

    Thanks)
    From Russia with love ;)

  • @jjaredrides241
    @jjaredrides241 10 лет назад +2

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

  • @the.michellelo
    @the.michellelo 6 лет назад +1

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

  • @banstaman
    @banstaman 8 лет назад +1

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

  • @zailous1702
    @zailous1702 2 года назад

    Super helpful thank you very much

  • @laurasnieders4123
    @laurasnieders4123 3 года назад

    This is the best!

  • @tomchristensen7001
    @tomchristensen7001 5 лет назад

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

  • @garretwinterbottom6101
    @garretwinterbottom6101 7 лет назад

    Absolutely brilliant! Thank you!!!!

  • @thabisohaizo4299
    @thabisohaizo4299 5 лет назад +1

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

  • @MegaCokamo
    @MegaCokamo 6 лет назад

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

  • @FaizahPossible
    @FaizahPossible 3 года назад

    Thank you so much

  • @muhadiism
    @muhadiism 3 года назад

    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

  • @akotbarbra5940
    @akotbarbra5940 3 года назад

    How do u get the value of q

  • @maryolimova7649
    @maryolimova7649 8 лет назад +1

    Thaaaaank you soooo much from Russia!!!

  • @aidenmessett2566
    @aidenmessett2566 4 года назад

    Absolutely clutch

  • @soulzboijunior
    @soulzboijunior 4 года назад

    great video

  • @indiaholt
    @indiaholt 10 лет назад

    Super legit! Thanks man.

  • @loucaluz3340
    @loucaluz3340 4 года назад

    Omg you saved me for my homework

  • @yeksnake2949
    @yeksnake2949 5 лет назад

    thank you for saving me sir!

  • @robich4483
    @robich4483 7 лет назад +1

    Thanks man!

  • @Megan-vi5uu
    @Megan-vi5uu 7 лет назад

    from hong kong with love ❤️

  • @parthpeterpatel
    @parthpeterpatel 6 лет назад

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

  • @spotlight_love
    @spotlight_love 4 года назад +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

  • @esraelkarisa3887
    @esraelkarisa3887 2 года назад

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

  • @trainsolo4590
    @trainsolo4590 3 года назад

    Thank you

  • @jiaxinghuang9462
    @jiaxinghuang9462 5 лет назад

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

  • @igniii3348
    @igniii3348 7 лет назад

    From Antarctica with love :)

  • @andreasandre5551
    @andreasandre5551 4 года назад

    Please I have a problem in calculating

  • @AK.
    @AK. 11 лет назад

    thanks!

  • @ericschneider3766
    @ericschneider3766 7 лет назад

    THANKS

  • @AKHILDS-j3v
    @AKHILDS-j3v 6 лет назад

    thanks sir

  • @fb4680
    @fb4680 3 года назад

    Abi sana çok teşekkür ederim vallaha ya

  • @getmogroupofcompanies5206
    @getmogroupofcompanies5206 6 лет назад

    Sir can i have your email

  • @karishmakumawat4175
    @karishmakumawat4175 4 года назад

    Hindi translation was terrible 😂😂

  • @biggee1
    @biggee1 2 года назад

    Thank you