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Cobb-Douglas Utility Maximization: Shortcut Solutions

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Economics in Many Lessons

This video shows a quick method, without using calculus, to double check your answers to CobbDouglas utility maximization problems.

For standard methods of solving utility maximization problems see here:
   • Consumer Utility Maximization: CES (C...
   • Utility Maximization with a CobbDoug...
   • Constrained Optimization: The Lagrang...

posted by avoinnaraigox5w

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