This macroeconomics video tutorial provides a basic introduction into budget constraint, opportunity cost, and the law of diminishing marginal utility. The opportunity cost represents the slope of the budget constraint line which can also be calculated by dividing the relative prices of the two goods. My Website: https://www.video-tutor.net/ Patreon Donations: https://www.patreon.com/MathScienceTutor Amazon Store: https://www.amazon.com/shop/theorganicchemistrytutor Subscribe: https://www.youtube.com/channel/UCEWpbFLzoYGPfuWUMFPSaoA Disclaimer: Some of the links associated with this video may generate affiliate commissions on my behalf. As an amazon associate, I earn from qualifying purchases that you may make through such affiliate links.