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If U(w)=w^1/3 and wh=216, wl=64. Let reservation utility be 4.5. Calculate the minimum q such that a tenant is willing to accept the contract
If U(w)=w^1/3 and wh=216, wl=64. Let reservation utility be 4.5. Calculate the minimum q such that a tenant is willing to accept the contract
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
