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  Consumers are gonna maximize their utility subject to a budget constraint. How do consumers put them together? Graphically, the representation of preferences was our indifference curves. That represented people's indifference with further out indifference curves made people happy  So, essentially, what we're gonna ask graphically is what is the highest indifference curve you can achieve given your budget ?  We know you want to be that highest indifference curve possible by more is better. So we're simply gonna ask what is the highest indifference curve you can reach given your budget. Utility is square root of P times C, OK? And let's consider the same budget we wrote down up here-- $72 income, $12 price of pizza, $6 price of cookies. And now let's ask where can you go with that.  So, in figure 3-4, you have our budget constraint, which runs from 6 pizzas to 12 cookies. That's the original budget constraint. And you have a series ...

  Nabi Muhammad, itu meminta kaum muslimin mewajibkanya untuk mempermudah agama, jangan mempersulit. Kaum musliminya malah mempersulit. Nabi itu mewajibkan kaum muslimin itu untuk bersatu, jangan bikin jama'ah2.. mereka malah bikin jama'ah2, tidak bersatu saling menghujat, menyesatkan satu sama lain. Jadi semua ajaran Nabi, itu dibalik sama mereka, tetapi ngakunya islam. Jadi dibajak islam itu. Jadi semua ajaranya dibalikin, dibalikin semuanya. Udah gitu diakuin ini adalah islam. Makanya sekarang tidak berkembang, teknologi tidak jadi apa2 tapi ketergantungan sama orang2 yang disebut kafir tadi. Ekonomi juga tidak berkembang kecuali membuat kerusakan di muka bumi. Gitu ya.. dengan minyak bumi dan gas alam dan sebagainya. Dan mereka bangga dengan itu, mereka jadi kaya raya, tajir melintir, justru dengan jualan bahan2 yang merusak lingkungan. Padahal, demi allah mereka tahu, ada dalil yang melarang kerusakan di muka bumi, di daratan dan di lautan, mereka hafal.  Setelah hafal ap...

  "The Drunkards" That was the original crime.  Why does that make sense? or not?  Why might he have thought of calling it "The Drunkards" when he first wrote.... Seems like he kind of viewed the people of St Petersburg as a drunk population dirty population.  And what does it mean to say they're "drunk population"?  There's just like a lot of taverns and that it was kind of dirty And scenes in this novel take place in taverns  The Drunkards is sort of drunk off of his own foolishness. That's good a metaphoric use of drunkers Raskolnikov is drunk off his own what did you say his own Notions, his own ideas, his own theories. Alright, That's good so let's separate that from Raskolnikov Theories.  Anybody else? The parallels between Marmeladov  and Raskolnikov.... Excellent between their what?  their Journeys  In fact marmalad was the original hero of the novel. So he's drunker Numero Uno in the book. "Para Pemabuk" — itulah...

If you want to learn what it means to think like a lawyer, you don't have to go to law school. There's plenty of books and websites and videos out there on this topic. And if you dive into it, probably the most common things you're gonna see are sort of on this list. So like the first thing, especially if you're gearing specifically for things for law students,you'll be taught  I.R.A.C.   Issue Rule Analysis  Conclusion So in law school, most exams are what we call "issue spotters,"  like a big, long fact pattern where you're supposed to read it.  And the idea is that you do this -  you spot the issue,  you discuss what the rule is that applies to the issue,  you show your work, your analysis, your application,  and you explain the conclusion, the result that should come from it. You're taught to avoid emotional reactions  and distractions. Don't let a red herring take you off-topic but focus on the logic, the core of the issue. You...

  There's five Key activities in marketing, the first activity is to identify an unmet need. So this is also a broad look at marketing because you can take lots of courses in marketing  you could read many books in marketing  you could read thousands and thousands of pages of marketing  but just so that we start our discussion at a place where we could sort of get the big picture when we think about marketing. So I want you to understand where we're starting from and where we're going to end up.  So the first step in marketing is to identify an unmet need and in order to do that we're going to do marketing research. we're going to do qualitative research and quantitative research  we're going to do primary research and we might also purchase secondary research  it could be a mail survey  it could be a phone survey  it could be an internet survey  A good example of qualitative research would be focus groups. And focus groups we have 10 or...

  Now let's ask about a second thing.  What if prices are back to 12 and 6, but your parents decide to send you more money?   Suppose your parents-- or send you less money. It turns out you haven't been paying enough attention  in 14.01. You're parents are mad. They're monitoring you. That's why we have the camera here. This goes directly to all your parents, OK?  I'm sort of joking. And so let's say parents cut your allowance to $60, OK? Well, what does that do? That's in figure 3-3. OK, in figure 3-3, the old budget constraint  was that you get pizzas and cookies at a price of $6 and $12, and you could get them until you spend $72.  Now you can only get them until you spend $60. Now what we see is not a pivot in the budget constraint,  but an inward shift in the budget constraint, because the relative price of pizza and cookies has not changed.  Therefore, the slope hasn't changed. OK, the slope is dictated solely-- you don't do anything to...

  Construction of Budget Constraint . OK, now  what happens if we shock the budget constraint?  So we talked about constructing them.  What about shocking the budget constraint?   We're going to do a lot in this class of what we call comparative statics, which is, essentially, making changes in one thing or another  and seeing what it does to the system. So let's talk about shocking the budget constraint. Let's start first with a change in prices. Suppose the price of pizza goes from $12 up to $18.  This is a really good slice of pizza, OK? Well, what happens to the budget constraint? Baik, sekarang apa yang terjadi, jika kita mengubah batasan anggaran? Jadi, kita sudah membahas cara menyusunnya.  Bagaimana dengan mengubah batasan anggaran?  Dalam kelas ini, kita akan sering melakukan apa yang disebut  comparative statics , yaitu pada dasarnya membuat perubahan pada satu hal atau hal lain dan melihat dampaknya terhadap sistem.  Ayo ...