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Last Updated: October 30, 2026
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Summary
We live in a world of scarcity. In other words, what we want outweighs what we can attain. Why? Well, we have limited resources ... A video for intermediate microeconomics, taught by Matt Clancy. For the complete series, see: ... How to solve a utility maximization This calculus video explains how to solve In this video, we solve an important Microeconomics This video explains the mechanics of indifference curves and This lesson explains what happens when the optimal choice lies at a corner of the budget set. Learn why Now it's time to figure out the same optimality condition but using calculus so the In this lesson, we bring it all together—exploring how