Main Profile

At A Glance

7d. Perfect Substitutes: Preferences and Optimal Choice

In this video, I demonstrate how to draw indifference curves when a consumer has perfect substitutes preferences. I also demonstrate how to find the optimal bundle when indifference curves do not take their usual convex-to-the-origin shape. --- Check out a description of my teaching activities here: www.tonycookson.com/teaching Check out a list of the videos in this series (organized by topic) here: http://blog.thisyoungeconomist.com/p/learn-microeconomics.html The book my videos follow and supplement is available for purchase at Lulu.com (I self-published it). www.lulu.com/cookson If you like my videos, book or approach to economics, the best compliment is a referral of my resources to a friend. If they're like you, it's a pareto improvement. For more on pareto improvements, see this video: http://www.youtube.com/watch?v=uFooIEoBPq0
Length: 09:39

Contact

Questions about 7d. Perfect Substitutes: Preferences and Optimal Choice

Want more info about 7d. Perfect Substitutes: Preferences and Optimal Choice? Get free advice from education experts and Noodle community members.

  • Answer

Ask a New Question