## Assume that the price is p = \$50. Show that the marginal consumer has basic valuation vM = 50/(0.4 + 6f 2).

Imagine that consumer valuations vi are distributed uniformly between 0 and 100. Each consumer will buy at most one unit of the good depending on his or her willingness to pay. However, that willingness to pay depends on the fraction f of population that buys the good. In particular, consumer i will buy one unit of the good only if (0.4 + 6f 2)vi ≥ p. Otherwise, consumer i buys zero.

a. Assume that the price is p = \$50. Show that the marginal consumer has basic valuation vM = 50/(0.4 + 6f 2).

b. Show that at this price, two non-zero market equilibria are possible: one with f = 0.1905 and one with f = 0.906. Which, if either of these, is stable?

### Former President Suharto of Indonesian once famously dismissed the concern over his country’s corruption by saying:

Former President Suharto of Indonesian once famously dismissed the concern over his country’s corruption by saying: Well you come out here from Washington with these high ideas to tell us….

### Construct a clear vision and organising statement for this change to motivate and inspire the stakeholders.

For this task you will create a digital poster (900 words, excluding references) on which you outline for the need for change in response to the case study provided. The….

### Suppose you are presented with the following regression equation involving health care expenditures and its determinants, where all of the variables have been defined previously.

Suppose you are presented with the following regression equation involving health care expenditures and its determinants, where all of the variables have been defined previously. E 5 500 2 25P….