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Hey, Can someone please explain why the commodity Apples(A) are placed on the x axis even though it is sacrificing? As ma'am said in the previous video that the sacrificing goods will be placed on the y axis Please explain it... It will be a great help
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at 11:01 should we keep the sacrificing units in y-axis??? as given in table unit of apple are being sacrificed to increase the units of Banana . Please do correct me if iam wrong. Thank you.
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Thank you for the video. Just a little correction. By convention usually any point on the Cartesian space is written as (x,y) instead of the other way that you have written at 5:10
Formula of price ratio is in terms of price of both the commodities i.e. (Price of X)/ (Price of Y). But while giving example, you are dividing the price of X with Quantity of Y. Could not get that. And when I divide the price of X with Price of Y, the ratio is not same.
Mam u told us tht on Y axis we will take the sacrificed things and on X axis we will take the gain in quantities but here in the graphical representation u have taken sacrificed on X axis??? What is the reason mam here??
@@kashafulemman5780 bro this question is wrong and mam also taught this question wrong but the concept is right follow the concept......i saw in another books there all things is right as per the concept
Mam , if the budget line will be constant straight line because of price ratio then how will it indicate marginal rate of substitution . Marginal utility ? According to indifference curve
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Excellent explaination mam . Please Solve numerical questions of Statistics for Economics Chapter 4 Organisation of data, Tabular presentation and Graphical presentation. Chapter 5 Measures of Central Tendency - Arithemetic Mean,Mode and Median.
In a last lecture, u said that sacrificing commodity will be on Y-axis ,but in diagrammatic explaination of Budget line you have put apples(A) on X axis contradicting the fact that apples were being sacrificed to get additional units of Banana. Why?
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Slope of budget line/price line is -0.20.If the consumer with an income of rs 600. buyer equal quantities of two product natis and futis. what would the amount spent on product natis???? Ye wala sum mam please kar dijiye🙏🙏
Hi there! Great question! To answer your question, you’ll need to use the formula for the equation of a line, which is y=mx+b. You’re given the slope of the budget line, which is m=-0.2. You’re also given the income, which is 600. Plugging both of these values into the equation, you’ll get -0.2x+600=0. Solving for x, you get x=3000. Since you want to know the amount spent on product Natis, you’ll need to divide 3000 by 2, which will give you 1500. Hope this helps!
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Hey,
Can someone please explain why the commodity Apples(A) are placed on the x axis even though it is sacrificing?
As ma'am said in the previous video that the sacrificing goods will be placed on the y axis
Please explain it... It will be a great help
Previous Video : Ordinal Utility Approach - Class 11th Economics ruclips.net/video/2aFSVKyvMYE/видео.html
Next Video : Shift in Budget Line - Class 11th Economics ruclips.net/video/qS3bcPNLgx0/видео.html
Iss lecture ka notce ki link kaha ha mam
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60.7 lakh now😳
68 lakh now
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you r amazing teacher of economics really i had watched your all videos and clear my exam with good grades
This is too effective teaching.l heartly greeting.
Thanks a lot mam , our exam will be held on tomorrow , today I am feeling good after reading from you
Maam slope of budget line and MRS have the same equation. So what is the difference here?
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at 11:01 should we keep the sacrificing units in y-axis??? as given in table unit of apple are being sacrificed to increase the units of Banana . Please do correct me if iam wrong. Thank you.
Amazing explanation mam😄👌👌
Mam your explanation is outstanding ❤️❤️
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Thank you for the video.
Just a little correction. By convention usually any point on the Cartesian space is written as (x,y) instead of the other way that you have written at 5:10
your explanation is classic, outstanding, excellent, and best. A small suggestion your get notes here link never opens
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Mam jo link aap detai ho notes ki wo tou payment basis par hai...u suggest free notes in every starting vedio.
Very helpful mam... Luv from Kashmir
Best explanation! Tomorrow i have my exam and my doubt of budget line has been cleared thnq so much
Happy New year mam🎉
Outstanding explanation mam ❤️
Formula of price ratio is in terms of price of both the commodities i.e. (Price of X)/ (Price of Y). But while giving example, you are dividing the price of X with Quantity of Y. Could not get that. And when I divide the price of X with Price of Y, the ratio is not same.
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Extremely good explain
Outstanding teaching
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It is in very easy formate thank you sakshi mam💯
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Mam u told us tht on Y axis we will take the sacrificed things and on X axis we will take the gain in quantities but here in the graphical representation u have taken sacrificed on X axis??? What is the reason mam here??
Same question
same question
@@kashafulemman5780 bro this question is wrong and mam also taught this question wrong but the concept is right follow the concept......i saw in another books there all things is right as per the concept
Thank you so much ma'am. Your explanation is outstanding
Mam , if the budget line will be constant straight line because of price ratio then how will it indicate marginal rate of substitution . Marginal utility ? According to indifference curve
Fu..k line 😂
Thankyou mam
Thank you mam👌👌👌✍️🙏
Thankyou so much ma'am ❤️
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Thank you so much ma'am ❤️❤️ for clearing all my doubts ❤️😘😘
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😍😍😍😌😌😌great teaching
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Ma'am you is a great teacher ❤️❤️❤️
Excellent explaination mam . Please Solve numerical questions of Statistics for Economics Chapter 4 Organisation of data, Tabular presentation and Graphical presentation. Chapter 5 Measures of Central Tendency - Arithemetic Mean,Mode and Median.
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In a last lecture, u said that sacrificing commodity will be on Y-axis ,but in diagrammatic explaination of Budget line you have put apples(A) on X axis contradicting the fact that apples were being sacrificed to get additional units of Banana.
Why?
Yes u r right
Same Question
Mam ap bahut aachi dekhti ho
And ap bahut aacha samjhate ho
Thanx you
Inference curve and it's properties
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Thank you mam!
Wonderful explanation mam
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Wow☺️aab lgg raha h kal ka exam crack ho skta h😌❣️
Nice 🙂
Thank you mam God bless you
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Thank you ma'am
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Thanks
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Yeee..... Understood 😉
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Thanku mam
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Please mam price line kaa video naa ho to banai mam
Another name of budget line is price line
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Slope of budget line/price line is -0.20.If the consumer with an income of rs 600. buyer equal quantities of two product natis and futis. what would the amount spent on product natis????
Ye wala sum mam please kar dijiye🙏🙏
Hi there! Great question! To answer your question, you’ll need to use the formula for the equation of a line, which is y=mx+b. You’re given the slope of the budget line, which is m=-0.2. You’re also given the income, which is 600. Plugging both of these values into the equation, you’ll get -0.2x+600=0. Solving for x, you get x=3000. Since you want to know the amount spent on product Natis, you’ll need to divide 3000 by 2, which will give you 1500. Hope this helps!
@@MagnetBrainsEducation thank you very much mam...answer matched😊😊😊
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Price line ok a video nhi hai mam
Good
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Little bit confused in Budget line & Indifference curves 😥
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