Theory of Consumer Surplus

This video discusses about the Theory of Consumer Surplus along with the idea of utility theory.
𝗙𝗼𝗿 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 / 𝗣𝗿𝗼𝗺𝗼𝘁𝗶𝗼𝗻𝘀 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗤𝘂𝗲𝗿𝗶𝗲𝘀 Contact 𝗮𝘁: [e-mail]
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[@sujeetchaurasia7892]

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Apke teaching me ek simplicity hai jisse koi bhi student easily way me khud ko apse attach kr leta hai.
Apko bhagwan hamesha khush rkhe

[@economicsstudy251]

Right

[@ManagementClasses]

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[@ManagementClasses]

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[@lifeandworld3412]

Sir i hv a doubt that one side you are saying that marginal utility is the satisfaction level and on the other hand u are saying that for 20 rupee glass i am willing to pay 30 that means do it is comparable with money or sir it will not be termed as money for it , if mu is the satisfaction level and a additional of a unit of a good then it will be the the thing we are taking again or buying again then why sir u r saying that i hv a capacity for paying 30 but the glass is of 20 please clear my dobut as soon as possible do marginal unit is money or not????

[@ManagementClasses]

Good question dear. First of all utility is jot money. For d sake of understanding we assume this.
2. Of course utility is the satisfaction however marginal utility decreases as u consume more and more of that product

[@lifeandworld3412]

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[@anmolajeetsinghjaral1718]

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[@ManagementClasses]

Many thanks Anmol Ji. Surely I will try.

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[@fasilpadder6784]

Sir please explain measurement of consumers surplus through indifference curve analysis.

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[@mohammedjishan287]

Sir this consumer surplus is also equivalent for we get from Malls, super market etc?

[@ManagementClasses]

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Sir please make a video...hicksian four concepts of consumer surplus

[@ManagementClasses]

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[@jyotishacharya8769]

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[@shujamukhtar4563]

sir, why did you label willingness as MU? as you earlier said that CS = TU - Actual Paid

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[@JitenderSingh-ho2fe]

Sir, I am not clear on a certain point. You described
CS= TU (Willingness to pay)- Actual paid
In figure you described willingness to pay is marginal utility.So kindly clear my doubt.

[@pragatisingh8009]

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[@ManagementClasses]

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[@harisasif895]

Consumer choise theory and consumer surplus is same or not ??

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[@theachievers2033]

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Sir mana nhi hata ye jati ha negative me

[@niharikadubey7893]

Sir one doubt i have.... What are the two effects of tax on consumer surplus??

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Tq.....sir

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[@ashavardhan1897]

Sir consumer surplus ka graph toh ek dam marginal utility ki tarah hai ha bs price constant hai toh difference kya hai dono m....plz clear mai confuse ho gyi.... kya price ka hi difference hai kya jo constant rahta h

[@ManagementClasses]

Nhi graphs alag hen

[@yogeshpatel9749]

Thank u sir

[@RaviPrakash-oz7ym]

In your example what's the diminishing marginal utility or just diminishing utility because the difference between the utility of unit is constant it is not diminishing so I think it is not diminishing marginal utility it should only be the diminishing utility because the utility drive from every unity is actually diminishing but its marginal utility is not diminish new example if ticket is 30 28 26 where the marginal utility is 2 after every unit which is constant

[@PrashantKumar-zr7zq]

Watch at 1.5x

[@economicsstudy251]

So thanks sir

[@ManagementClasses]

Thank u Sunil

[@aaliyamuneer9489]

Other things equal, what happens to consumer surplus if the price of goods falls ?why ?

[@vatssmrity5799]

Sir....walrasian general quilibruum model bataiye plzz

[@ManagementClasses]

OK, jaldi hi banata ho is par bhi.

[@bhavanagangurde1410]

Sir I have a question
Sir apke diagram me DD1 jo h uske dono uper ka aur niche ka points axis ko joint h .....Y-axis ko jo point h uski value x value zero ho jati hai iska mtlb vha quantity zero hai pr utility hai vha
Aisa kaise
Mujhe samajh nhi aya sir

[@crazyboysunil7729]

Super sir

[@star-is-live]

Sir Firstly You have said that
Willing To pay Is= Total utility
And in Table You said
Willing To pay is = Marginal utilt
Please clear

[@jigyasa0528]

Sir recommend me some books to study microeconomics better.🙏🙏

[@bhatansa6908]

Dn dvedi

[@jigyasa0528]

@@bhatansa6908 thank you Sir

[@devanshitiwari8648]

Nicely explained 😊

[@chinkisharma6687]

Sir Willing to pay, total utility h n ?????

[@ManagementClasses]

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[@ManagementClasses]

Ok will make soon

[@iteachyou4977]

tq sir

[@theachievers2033]

Excuse me.sir the lecture is good butt
One you say that willing to pay is equal to -total utility and
You also said that willingness to pay is equal to - Marginal utility
Which one is true

[@niharikadubey7893]

Sir if you can help me out... For clearing my doubt...What are the effects on welfare consumer when surplus changed???🙏

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[@niharikadubey7893]

@@tanushree3250 hey thanks💫

[@niharikadubey7893]

@@tanushree3250 if you can help me out... Where i will get Nature&scope of welfare eco

[@imranshah9138]

How mu and willingness to pay equal

[@ManagementClasses]

Your are willing to pay only the amount which required to your desire (utility)

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