The video describes cost minimisation in neoclassical model of trade.
Description of Lagrange multiplier:
• 23. IEA: Optimization under constrai...
Watch video 11. IEF: Neoclassical model of trade - cost minimisation online without registration, duration hours minute second in high quality. This video was added by user Lazarski Open Courses 19 October 2020, don't forget to share it with your friends and acquaintances, it has been viewed on our site 520 once and liked it 28 people.