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Le Finance Bro on Instagram: "POV: You are just trying to buy snacks but your brain is stuck in Microeconomics 101. Normal people look at the price tag. Economics students calculate the Marginal Rate of Substitution. The video shows the struggle of trying to maximize utility subject to a budget constraint in the chips aisle. Instead of checking if he is hungry, he is deriving the Lagrange multiplier to find the optimal bundle of goods. The Shopping List Strategy: 1- The Goal: Reach the highest p
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Le Finance Bro on Instagram: "POV: You are just trying to buy snacks …
519 views3 weeks ago
Instagramlefinancebro
Step 1: Gather all your bills Start by compiling every monthly expense — utilities, subscriptions, phone, insurance, internet — so AI has all the info to analyze. Prompt: Here’s a list of my monthly bills with amounts: [paste bills]. Act as a financial optimizer. Identify which bills are overpaying or redundant, and calculate potential savings for each. Step 2: Identify subscription leaks Most people pay for services they don’t fully use. Prompt: From my list, highlight subscriptions that could
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Step 1: Gather all your bills Start by compiling every monthly expense …
782 views4 months ago
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Maximize Utility function subject to budget constraint #utilityFunction #GATE #NET #Lagrange
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