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  • 8 лет назадОпубликованоBurkeyAcademy

CES Utility Maximization: Analytical Results *See Video Description*

Link to the previous video: ****Error at the very end! The Marshallian demand for Y (that I left as an exercise for the viewer) has (a/b) in the denominator, but it should be (b/a).**** In this video I take a generalized CES Utility function and derive the analytical solutions for the Marshallian Demand Functions. (Analytical meaning that no numbers are used, only variables). Link to previous video on the basics of CES Functions: Check out my Website: Please! Support me on Patreon: