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Aug 6th, 2022
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How to Supply Equation Log For Free

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in this video were going to start to apply the log linearization techniques we learned in the last video to an actual behavioral equation to derive bits log linearized form so in this video well deal with the labor supply equation so we have WT which is wage is equal to CT consumption minus 1 over LT or log laborers so here we have the labor supply equation and just simplifying it with respect to CT we can get this form here and what eventually we want to get is this form here this is our log linearize this is our log linear linearized labor supply equation so we want to eventually get to that solution so well apply our log linearization techniques so first technique to apply is just the basic conclusion so we apply okay so if you remember the rule ZT tilde is equal to z bar e ZT tilde so we can apply that to our variables here so were gonna use this so starting from this say this is 1 okay starting from 1 we get C bar EC T tilde is equal to W bar aw t tilde times 1 minus L bar e

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You use the supply formula, Qs = x + yP, to find the supply line algebraically or on a graph. In this equation, Qs represents the number of supplied hats, x represents the quantity and P represents the price of hats in dollars.
6:30 7:15 How to Graph Supply Demand Equations - YouTube YouTube Start of suggested clip End of suggested clip Minus 2 times 30 which is 60 which equals 40. So you can see how they are equal its 40 or its 40.MoreMinus 2 times 30 which is 60 which equals 40. So you can see how they are equal its 40 or its 40. So that must mean that P equals 40. So this is 40 and there you have it weve graphed supply.
4:33 7:38 Linear Supply Equations - part 1 - YouTube YouTube Start of suggested clip End of suggested clip So all we need to do is identify two price and two quantities from our supply. Table and we can thenMoreSo all we need to do is identify two price and two quantities from our supply. Table and we can then calculate the D variable Ill highlight two points along our supply schedule.
Quantity supplied is equal to quantity demanded ( Qs = Qd). Market is clear. If the market price (P) is higher than $6 (where Qd = Qs), for example, P=8, Qs=30, and Qd=10. Since QsQd, there are excess quantity supplied in the market, the market is not clear.EQUILIBRIUM ANALYSIS. QUANTITYPRICEDEMANDSUPPLY0102108420663 more rows
1:30 7:15 How to Graph Supply Demand Equations - YouTube YouTube Start of suggested clip End of suggested clip And our X is Q that must mean whatever is attached to the X must be the slope. So since this is aMoreAnd our X is Q that must mean whatever is attached to the X must be the slope. So since this is a negative 2 right here. This must be demand because as a negative slope.
1:12 5:18 How to Graph a Supply Curve: Three Examples - YouTube YouTube Start of suggested clip End of suggested clip The price access at five dollars lets put it put in other values of Q Ill put in a value of 50. SoMoreThe price access at five dollars lets put it put in other values of Q Ill put in a value of 50. So evaluating this equation at 50 50 divided by 10 is 5 plus 5 is 10 dollars. So when Q is 50.
Use the supply function for quantity You use the supply formula, Qs = x + yP, to find the supply line algebraically or on a graph. In this equation, Qs represents the number of supplied hats, x represents the quantity and P represents the price of hats in dollars.
0:03 5:19 How to Graph a Change in Supply - YouTube YouTube Start of suggested clip End of suggested clip If the supply were to decrease what that means is that the curve is going to shift to the left andMoreIf the supply were to decrease what that means is that the curve is going to shift to the left and then we would have a new supply curve to the left.

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