请教一个问题,veteran

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

10.14 In an isolated mountain village, the only crop is corn. Villagers plan for two time periods.

In the rst time period each villager will harvest 100 bushels. In the second time period, no corn

will be harvested. There is no trade with the rest of the world and no stocks of corn remain from

before the rst period. Corn can be stored from one time period to the next, but rats eat 25%

of what is stored. The villagers all have Cobb-Douglas utility functions U(C1; C2) = C1C2 and can

allocate their own corn between consumption and storage as they wish. If the introduction of cats

to the village reduces the rats' predations to 10% of what is stored:

In an isolated mountain village, the only crop is corn. Villagers plan for two time periods.

In the rst time period each villager will harvest 100 bushels. In the second time period, no corn

will be harvested. There is no trade with the rest of the world and no stocks of corn remain from

before the rst period. Corn can be stored from one time period to the next, but rats eat 25%

of what is stored. The villagers all have Cobb-Douglas utility functions U(C1; C2) = C1C2 and can

allocate their own corn between consumption and storage as they wish. If the introduction of cats

to the village reduces the rats' predations to 10% of what is stored:

U(C1; C2) = C1C2 and can

allocate their own corn between consumption and storage as they wish. If the introduction of cats

to the village reduces the rats' predations to 10% of what is stored:

(a) consumption in the rst time period will not change.

consumption in the rst time period will not change.

(b) villagers will consume 5% more corn in each time period.

villagers will consume 5% more corn in each time period.

(c) consumption in the rst time period will increase, but by less than 5%.

consumption in the rst time period will increase, but by less than 5%.

(d) consumption in the second time period would not change.

consumption in the second time period would not change.

(e) consumption in the rst time period will decrease.

consumption in the rst time period will decrease.

why is anwer a?

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏0 回帖

关键词：veteran Era RAN introduction Cobb-Douglas 请教 veteran