examkey98 - Fin lEx m f rT r d o ul , 19 9 8 a a o a eM d e...

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Unformatted text preview: Fin lEx m f rT r d o ul , 19 9 8 a a o a eM d e A ssu mpt n c mu a e t e a mpt n ma e in pa t a a d b o a io s u l t : h ssu io s d rs n f q e io c n in e t h l f rpa tc o h tq e io , u l ss y u a e t l u st n o t u o od o r ft a u st n n e o r od e pl ityo h r ise A t e x ic l t e w . t mptt n e l u st ns. W h r d a e , y u oa sw ralq e io e ein ic t d o sh u dpr v ee pl n t n (G u ssin h o r c o l o id x a a io s. e gt ec re tsig nisw rhn t in , in ot oh g t e a n e o n e pl n t n Ify u useat e r m, t l h bse c fa x a a io .) o h oe elme t e n me o h a f t et e r m. B ebr f In l d giree a tin o ma io e r c s fo y u h h oe ie . cu in r l v n f r t nd t a t r m o r a sw r n e. 1) H o mepr d c st og o s(co ha du o u e w o d l t n mbr la w ht of c o s(c pel s) it w a t r a it la dl bo ) u gac n a tr t n osc l a n a r sin o st n e ur st ae(CR T S) t c n l g . F c o s e h oo y a t r a efe l r r eymo ea r ssse t r bu on to r m o o n r oa o h r bil c o c o s, td o wfo nec u t yt n t e . [10 po t ) W h tist eme n go of c o t n yr v r l in s]a a h a in f"n a t rin e sit e e sas"?T h e a n e o a t rin e sit r v r l impl s a mo o o ic r l t n be w e bse c ff c o t n y e e sas ie n t n ea io t en w ic w n o e o s v r bl s? h ht oe d g n u a ia e A n e : Ifco h u s o e f c o ea iv l in e siv l f ro e r l t e sw r l t se n a t rr l t ey t n ey o n ea iv f c o pr e it u s t a f c o ea iv l in e siv l f ral f c o ic s. a t r ic , se h t a t rr l t ey t n ey o l a t rpr e (In o h rw r s, t er n in fc mmo it s w hr spe tt a t rin e sit t e o d h a k go o d ie it e c of c o t n y is in e n e to ea iv f c o ic . In t is c se t e r l t n be w e d pe d n fr l t e a t rpr e h a h ea io t en r l t ec mmo it ic s a d r l t ef c o ic s is mo o o ic ea iv o d ypr e n ea iv a t rpr e n tn . [10 po t b) Su se t a h r a e n a t rin e y r v r l a d in s] ppo h tt e e r of c o t nsit e e sas n H o is in o e ey spe iaize in afe r dee u ibr m. T h R e f me c mpl t l c l d r et a q il iu e sto W o l asopr d c s t e t og o s a d is in o e ey spe iaize . W h t rd l oue h w od n c mpl t l c l d a a d io a ssu d it n la mpt n a e su ie tt su e t a h f c o e u n a e io (s) r c n oin r h tt e a t rr t r s r t esa h meint et oc u t ie inafe r d q il iu h w o nr s r eta ee u ibr m? A n e : R O W h s t esa sw r a h met c oo ya h me e hn l g s o . [10 po t c Su se t a o h s apo iv e t r ait a c t d in s] ) ppo h tH me a sit e x e n l y sso ia e w h t e pr d c io o l t . Cl t is t eimpo t d g o , a d is r l t ey it h o u t n fco h oh h re o d n e a iv l 1 c pit lin e siv . H o c nsid r u ge h ra impo tt r to a a tn e me o e s sin it e n r a i rapr o d c io bsid f rco h w ht= s. D ot e w u t nsu ys o l t , it h set opoic s h v h me l ie a et esa e e to h e u nt a a? Ex a . c nt er t r oc pit l pl in A n e : W h nt ec u t yissmal t et opoic sh v h mee e t sw r e h o nr l, h w l ie a et esa c o t e n min l r t r t c pit l. Ifc pit lo n r c n me a o st n h o a eu n o a a a a w e s o su td me ic pr e t e t o poic s h v d e e te e t o t e r a e u n t c pit l ic s, h w l ie a e i r n c s n h e lr t r o a a. Ifc pit lo n r a e f r ig e s, w o r pa r t t e a a w e s r o e n r h e t ia e h irin o a d c n c me n o sume o t e H o , t e t opoic s h v t e sa e e to t e r a r t n (in u sid me h w l ie a e h me c n h e l e ur a d io ot en min lr t r ). d it nt h o a e u n (I d n te pe ty u t c n e h c se o h l r e c u t y bu h id ' x c o o o sid rt e a ft e a g o n r , tt e q e io sa n t in bo te cu in ha ssibil y Se e a o e sa u st n id o h ga u x l d gt tpo it . v r lpe pl id in el e t t in s a u t e l r e c u t y c se a d g t a c u e o x r t lig n h g bo t h a g o n r a n o o pl fe ta po t f rd in .) Ift ec u t yis l r e t et r a in s o o gso h o nr a g , h a i ndt esubsid a e h yh v d e e t e e t o t e n min l r t r t c pit l T h t r c u s t e i r n c s n h o a e u n o a a. e a i a se h impo td ma d c r e t if r e n u v osh tin by mo e t u c u ga l r e alin t e r , h s a sin a g rf l h w rdpr eo l t , a dasmal rin r a o l ic fco h n le c e seint ed me icpr d c rpr eo h o st o u e ic f co h (r l t e t h su l t ea iv ot e bsid ). T h t e t r l a s t y us, h a i e d oasmal rin r a le c e se in t en min lr t r t a a h o a e u n oc pit l d N o isc r t e a mpt n t a a a in e n t n lyimmo e ) wd a d h ssu io h tc pit lis t r a io al bil . Su se in e d t a a a in e n t n ly mo e t tH o impo t ppo st a h tc pit lis t r a io al bil , ha me rs w c pit l a dt a h o l pr eo a a r . H o a a, n h tt ew rd ic fc pit lis meis smal l. [15 po t in s]i) H o med c e ou e id st seat r t o r c h o u a i oc re tt epr d c t ne t r ait . Itc n e su gac pit lt x bsid io x e n l y o sid r sin a a a /su yinc n u c io it o j n t nw h t et r . I w n o oc mpa et oc se (a H o h a i a ty ut o r w a s: ) meu s o l se n yat r , o a i r (b) H o meu sat r a dasot x s/su se a i n l a e bsid sc pit limpo t A l l ie ize a a rs. lpoic s a ec n r in do ima;t a r o st a e pt l h tis, g e h h ic ft iv nt ec o eo hepoic st u n (s), l yin r me t t elevels a eo ima.1 h r pt l D o s o io ) o e pt n(a r(b) l a s t ig e ef r ? e d oh h rw la e In pa t(c I t l y u t a h l v l f rt od e e tpoic s w r e u l W e h v r ) od o h tt e e e s o w i r n l ie e e q a. ae n wd a d d t a ssu o isc r e h ta mpt n io . 1 2 Co mpa et eo ima a i int et oc se w ic r h pt lt r h w a s: h his h h r ig e ? D o s t eo ima l yin(b) in ov e h pt lpoic v l eat xo a rasu bsid n c pit l yo a a? Ex a o ra sw r pl iny u n e s. A n e : (Se e a o eg to o t ew o gf o sw r v r lpe pl o n h r n o tbyt in in h tt e h k gt a h pr d c io ist rio o u t nd o t nise u ae tt q iv l n oa...x dt r e e e fpr d c io . T h t e a g tl v lo o u t n a is w o g T h q e io w s amo rn . is u st n a l stid n ic lt n ft epr bl m se s, in e t a oo eo h o e t w ic y u sh w d t a iv n ac ra t peo o su h h o o e h tg e e t in y fc n mpt n d o t n t e io ist rio s, h l v lo n o ima l y - a d t u t el v lo o su e e fa pt lpoic n h s h e e fc n mpt n - d pe s o io e nd n t et peo l y h y fpoic .) T h t r c e t s ac n mpt ndist rio . A tag e l v lo o u e a i r a e o su io ot n iv n e e fpr d c t n ar d c io in t e t r c u s a...r r e c e se in w la e d et io , e ut n h a i a se sto d rin r a ef r u o t er d c io h e u t nint ec n mpt nd o t n F o t eR y zin i T h o e h o su io ist rio . r m h by sk e r m, w n wt a nin r a ek o h ta c e seinc pit lc u sa a a a se ninc e seinpr d c io fco h ra o u t no l t , a iv n pr e T h r f r , by ind c gmo e c pit lt tg e ic s. e eo e u in r a a obe impo t d itis re , po ssibl t d c e se t e t r a ma t in t e sa l v lo o u t n2 , e o e r a h a i nd in a h me e e fpr d c io t u in r a gw la e h s c e sin ef r . Ino d rt d c r e oin u emo ec pit lt r a a obeimpo t d itisn c ssa yt bsid re , e e r osu ize c pit limpo t T h a a bsid r a e ad o t n itd iv s aw d e a a rs. ec pit lsu yc e t s ist rio : r e eg w be w e t e v l e o t e n h au fma g a o u to a a r in lpr d c fc pit l(= r + su bsid ) a d t e y n h w pr e t e c u t y pa s f rc pit l(= r ), bu ic h o n r y o a a tasmalsu l bsid c e t s o y y r a e nl ase o do d rw la ec st(sin et ec pit lma k td o t nis min c n r e ef r o c h a a r e ist rio imize d w e h a a bsid h nt ec pit lsu yisz r ). T h s, ift ec u t yu sasmal(po iv ) eo u h o n r se l sit e c pit lsu a a bsid yitsu e sa e l ibl e r a r nn gig ed c e seinw la ed et h ist rio ef r u ot ed o t n in t e c pit lma k t bu c ie e a...r r e o -n gig e in r a h a a r e , ta h v s sto d r(n n e l ibl ) c e sein w la ed et h e r a ef r u ot ed c e seint et r . h a i Sin e aze oc pit lt x is f a e bu c r a a a e sibl , tin g n r ln to ima, o io b e e a o pt l pt n g e a e sta h hal v lo e f r , a ding n r last ic l ig e e e. iv s tl a s ig e e fw la e n e ea r tyh h rl v l T h a a bsid ec pit lsu yma e k sitpo ssibl ol w rt et r - at ral t a et o e h a i fe l, h tisw y h O fc u se itis n to ima o ma t in t e sa l v lo o u t n T h po to or o pt lt in a h me e e fpr d c io . e in f t e a g me tis t o h tifw a to ta h ru n osh wt a est r u tasit t n w e et e c pit lt x bsid ua io h r h a a a /su y is c n r in d t be ze o a d t e t r is c o n o imal , t e w e w r mo e t e o st a e o r , n h a i h se pt ly h n h n e e v h c n r in n t e c pit lpoic , a d al wac pit lsu o st a to h a a l y n lo a a bsid t y obe u d itis po se , ssibl t e o in r a c e sew la e ef r . 2 3 t e su h bsid impr v s w la e T h r f r t e o ima a i is l w ru d r y o e ef r . e e o e h pt lt r oe ne o io b pt n [15 po t ii) Su set a st a o h a i , H o in s] ppo h tin e d ft et r med c e e id s t seaco hpr d c io ou l t o u t nsu bsid oc re tt yt o r c hepr du t n e t r ait . A s o c io x e n l y inpa t(i), itasoc n e su gat x bsid nc pit limpo t (t g t e r l o sid r sin a /su yo a a rs o e h r w h t epr d c io su it h o u t n bsid ). y Is t e o ima au o h a a h pt lv l e ft ec pit limpo tt xpo iv , ne a iv , o r r a sit e g t e rze o (i.e is t epoic ., h l yat x asu a, bsid , o te u lt r )? Ex a y rse q a oze o pl inw yy u h or a sw r t n e s opa t i) a d ii) a ee he i e e to h me rs n r it rd r n rt esa . A n e : T h pr d c io su sw r e o u t n bsidy c e t s n c n mpt n d o t n r a e o o su io ist rio o n o h rk d o ist rio . T h pr d c io su ra y t e in fd o t n e o u t n bsid is t ...r y he stbe st in r me t U sin st u n . gac pit lt x bsid r a e ad o t n in t ec pit l a a a /su yc e t s ist rio h a a ma k t w h u a h v g a y o se t g be e s ese he e - u l e in t e r e it o t c ie in n tin n ...t l w r n ik h c sew ht et r , a v . T h pt lc pit lt x is ze o a it h a i bo e eo ima a a a r. [10 po t iii) Co in s] mpa e t level o h o ima a i in pa t r he ft e pt lt r r (ia a d t epr d c io su ) n h o u t n bsid yinpa t(ii). W h his hig r- a d w y r ic he n h? A n e : T h t r in pa t(ia c e t s ac n mpt n d o t n T h t sw r e a i r ) ra e o su io ist rio . a is, c re t gt epr d c io x e n l yu gat r h s aw la ec st(t e o r c in h o u t ne t r ait sin a i a ef r o h c n mpt n d o t n o su io ist rio ). T h pr d c io su e o u t n bsid h s n su h c st A y a o c o . t r a d apr d c io su a i n o u t n bsid o q a y fe u lma n ud a e t esa g it eh v h mee e to c n pr d c io , a d t e e o e h v t e sa a it t c re tt e pr d c io o u t n n h rf r a e h me bil y o o r c h out n e t r ait . B u n xen l y to epoic o s" so t in h o su l y"c st me h g(t ec n mpt nd o t n io ist rio ) a d t e o h rpoic d e n t W h n t in s (c mmo it s, poic s...) a e n h te l y o s o. e h g o d ie l ie r "e pe siv " w "bu " l ss o h m. x n e e y e ft e So ie y "bu s" l ss "c re t n o c t y e o r c io f 4 pr d c io e t r ait " w e ith s t o u t n xen l y h n a o"pa " f rit T h o ima a i is y o . e pt lt r smal rt a h pt lpr du t n su le h nt eo ima o c io bsid . y 2) (T h R ic r ia mo e) Cou e ad n dl l mbia pr d e a t mo e a d c e o uc s u o bil s n o e u g o e u it o l bo t o a o e u it o u pu o a h g o . (L a sin n n f a r o bt in n n fo t t fe c o d bo in e n t n lyimmo e T hew rd r l t e pr eo u o bil s is ris t r a io al bil .) o l ea iv ic fa t mo e P t =Poffee = 2 : (T h sea et eo l w o d int ew rd e r h n yt og o s h o l .) auo c [10 po t a F rw ic g o d e Cou in s] ) o h h o d o s l mbia h v a c mpa a iv ae o rt e a v na e d a tg? A n e : Cou sw r l mbiasa t r icpr eo u o bil sis1, w ic ' u ak ic fA t mo e h hisl sst a e hn 2, soCou l mbiah s ac mpa a iv d a t g a o r t ea v n a ein a t mo e u o bil s. [20 po t b) Cou in s] l mbiah s 10 u it o a r T h r pr se t t e a n s fl bo . e e e n a iv : : 5 5 w r e a t e Co o k rh s h bb-D o ga u il y f n t n U = A C w e e A e u l u l s t it u c io hr q as c n mpt n o u o bil s a d C e u l c n mpt n o o e . W h tis o su io fa t mo e n q as o su io fc e a t e e u ibr m c n mpt n o ut mo e a d c e u d ra t r y a d h q il iu o su io fa o bil s n o e n e u a k n u d rfe r d ? n e r eta e A n e : W it h sw r ht eCo bb-D o ga u il yf n t n t ec n u l s t it u c io , h o sume ' e pe rs x nd u esh r q as t ee po e t h r it r a ee u l h x n n , e e.5. N o maizebyse t g P c r l t in offee = 1. U nd ra t r yt ew g 1, in o e u a k h a eis c meis 10, a d Cou n l mbiac n me 5 u it o su s n s o a hc mmo it . U n e r eta eCou fe c o d y d rfe r d l mbiais spe iaize c l dinpr d c io out n o u o bil s. T h w g is 2, in o is 20. Cou fa t mo e e ae c me l mbia spe d 10 u it ns n s o c meo c e , a d t u bu s 10 u it o o e . Itspe d 10 u it o fin o n o e n hs y n s fc e ns n s f in o c meo u o bil s a dt ebu s 5 u it o u o bil s na t mo e n h y n s fa t mo e 5 ...
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This note was uploaded on 08/01/2008 for the course ARE 201 taught by Professor Karp during the Fall '07 term at University of California, Berkeley.

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