Price increase - normal good

[suggestmeagoodname]

Great explanation sir,
Respect from Nepal

[keithhudson]

Sir, you just got me ready for my final next week in a big way on this exact topic. On point at the highest level.

[sobiajavaid]

Sir how do we know that which point is best affordable on a budget line?

[asifhussain]

Sir plz made video in case of inferior good when their prices rises

[vitoscaletta]

that was so helpful but tt sound effect after e video brain washed everything .

[Sofia-hsvu]

Hi sir, may you please tell me the mpact of an increase in indirect taxation
on the quantity demanded of a good depends on whether it is a normal or inferior good

[ayeshaquratulain]

From where can we get this book free online ?

[omareldeeb]

good day, I am always finding difficulty knowing where to place the optimal bundle (point B). For example, why would point B not be slightly higher or slightly lower on IC1? In my textbook, point B is between points A and C as opposed to being lower than both of them. So my question is how do we know where to plot point B? Any help would be much much appreciated. Thanks for the wonderful video

[spacees]

Hi, what if the income decreases as well?

[michaelaustin]

your illustration makes it seem like the income effect outweighs the substitution however in the case of a normal good the sub effect should overpower the negative income effect

[amirahmarday]

Hi sir, can you upload a video for a price increase for a giffen good?

[parthk]

Sir but when the price of the apples rises, why BL2 will be drawn inside of Initial BL1??