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Utility Maximization with a Cobb-Douglas Utility Function

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Economics in Many Lessons

65.8K subscribers

Mon, 08 Dec 2014 00:00:00 GMT
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Utility Maximization Problem

cobb douglas utility

marginal utility

This video shows how to maximize utility subject to a budget constraint. Channel donations are much appreciated:https://www.paypal.com/cgi-bin/webscr?cmd=_donations&business=T2MPM6MSQ3UT8¤cy_code=USD&source=url

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