Suppose That in Enigma, Ohio, Klutzes Have a Productivity of $1,000

question 2

Multiple Choice

Suppose that in Enigma, Ohio, klutzes have a productivity of $1,000 and kandos have a productivity of $5,000 per month.You can't tell klutzes from kandos by looking at them or asking them, and it is too expensive to monitor individual productivity.Kandos, however, have more patience than klutzes.Listening to an hour of dull lectures is as bad as losing $150 for a klutz and $50 for a kando.There will be a separating equilibrium in which anybody who attends a course of H hours of lectures is paid $5,000 per month and anybody who does not is paid $1,000 per month

• A)if 26.67 < H < 80.
• B)if 26.67 < H < 160.
• C)only in the limit as H approaches infinity.
• D)for all positive values of H.
• E)if 23.33 < H < 70.

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Definitions:

Solute Mass

The quantity of solute, often measured in grams or moles, present in a given volume of solution.

Solvent Volume

The volume of a liquid substance (solvent) used to dissolve a solute, forming a solution.

Alcohols

Organic compounds containing one or more hydroxyl (-OH) groups attached to a carbon atom.

Alcohol Congeners

Chemical compounds that occur naturally in alcoholic beverages alongside ethanol, contributing to their taste, aroma, and physiological effects.