Skill Videos Discussion Thread

[Taylor Stoltzfus]

Hi All,

The CLAS 10A Team is proud to present our first 4 Skill Videos!! It was a lot of work, but we are proud of the final result, and we believe it will be a useful tool to help you succeed in 10A. 

A big shout out to our editor Justin Appell! these videos would not be possible without you!!

If you have any comments, questions, suggestions, etc, please post them here.

[J]

Thanks for the coupon video! I didn't even think to review such a problem since I haven't seen one in any of the review material, but it's good to stay prepared. 

Nice work for including an example that shows that a kink point isn't necessarily automatically the optimal choice. Sometimes, the coupon just makes the more valuable good (in terms of marginal utility) even more valuable in the sense that you now have the necessary income to purchase all of that good instead of a combination of the two.

This also taught me the 'bang for buck' method of comparing the value of different goods. Separate concept, but a more applicable and very useful one nonetheless.

[Taylor Stoltzfus]

Glad you like it J!

Bang for buck is my favorite method of solving substitutes/coupon problems. It is so Intuitive!