Cobb Douglas Utility function : Demand curve /Normal Good/Substitutes or Complements/Elasticity |2|

Описание: This video answers :

How to draw an Indifference curve for a cobb Douglas utility function
How to find a Marshallian demand function for a Cobb Douglas utility function
Are the goods :
a) ordinary good or a giffen good
b) normal good or an inferior good
c) Gross Substitutes or Gross Complements
d) Engel Curve / Income Offer curve
e) Own price elasticity of demand/ Cross price elasticity of demand/ Income elasticity of demand

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