Chapter Six: Linear City Model
Assumptions: N identical customers, city with a one-mile-long street, and customers are
How much will a customer at x=1 pay for a good from store located at x=0?
2 * gas cost + Px = (or less than) Max. wi
News Report II
Oct. 18, 2016
Netflix subscriptions boom around the world, shares jump 20 percent
This article, published in The New York Times on Oct. 17, 2016, talks about the
increase in Netflixs market share in resp
Econ 378 HW 1
Due by 2:10 PM on Friday Sept. 2.
1. In each case state what you think is the market failure or other reason for
government intervention. Although there can be more than one reason, just cite
one and explain in a sentence or two.