Move the curve slightly down (while keeping the diagonal in the same place). How many equilibria are
Question:
Another peculiarity of an updating function that is tangent to the diagonal at an equilibrium is that slight changes in the graph can produce big changes in the number of equilibria. The following are based on Figure 3.1.10.
Transcribed Image Text:
Updating function is tungent to diagonal 1.5 Half-stable equilibriun cobweb starting above equilibrium moves closer cobweb starting below equilibrium moves away 0.5 0 0 0.5 1.5 Initial value
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
There is no equilibrium and th...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
Question Posted:
Students also viewed these Calculus questions
-
Move the curve slightly up (again keeping the diagonal in the same place). How many equilibria are there? Describe their stability. Another peculiarity of an updating function that is tangent to the...
-
In each part, explain the effect on the margin of error and hence the effect on the precision of estimating a population mean by a sample mean. a. Increasing the confidence level while keeping the...
-
The file S03_30.xlsx contains monthly data on exchange rates of various currencies versus the U.S. dollar. It is of interest to financial analysts and economists to see whether exchange rates move...
-
Francis and Peter are in a partnership sharing profits and losses in the ratio 3:2. The following is their trial balance as at 30 September 2020. particulars D ebit C redit Buildings (cost: RM...
-
Use the data for Snyder Services from exercise 11-24B. In 11-24B. The income statement and additional data of Snyder Services, Inc., follow: Requirements 1. Calculate the cash conversion cycle for...
-
True or False: If the cost of producing one unit of product is uniformly distributed with a mean of \(25 \phi\) and a standard deviation of \(10 \phi\), then the cost of producing 1000 units of...
-
A PI (Polarization Index) Test of a motor winding is performed and the 10-minute ratio is 3.0. The curve is a perfect parabolic shape. What is the verdict?
-
Vern Westby inherited a ticket from Anna Sjoblom, a survivor of the sinking of the Titanic, which had been pinned to the inside of her coat. He also inherited an album of postcards, some of which...
-
(a) What is the kinetic energy in joules of a 1140-kg automobile traveling at 93 km/h? (b) How much work would have to be done to bring a 1140-kg automobile traveling at 93 km/h to a stop? 4. How...
-
A small toy robot is assembled from six parts: a body, a head, two arms, and two legs. The firm uses a one-level bill of materials to assemble this product. The number of parts on hand and the lead...
-
Sketch the graph of an updating function that has a corner at an equilibrium and is neither stable nor unstable. The unusual equilibrium in the text has an updating function that lies below the...
-
Find the equilibria of the following discrete-time dynamical systems from their graphs and apply the Graphical Criterion for stability to find which are stable. Check by cobwebbing. 10 0 26 80...
-
You plan to change the frequency of the generator in this circuit to produce a phase angle of smaller magnitude. The resistor is still 175 , the inductor is 90.0 mH, the capacitor is 15.0 mF, and the...
-
True Or False Both the employee and employer have obligations to report the accident for workers compensation.
-
What was the cause for the creation of workers compensation laws?
-
True Or False An IME is an independent medical examination.
-
True Or False Compensation paid while on leave for a workers compensation claim is almost always the same as the regular salary.
-
The general standard of care in third-party cases is that a. the claim must be fairly debatable. b. the insurer must give equal consideration to its insured. c. the insurer must give greater...
-
Explain the concept of Big Data.
-
Determine the annual percentage yield for a loan that charges a monthly interest rate of 1.5% and compounds the interest monthly.
-
The table gives the U.S. population to the nearest million for selected years from 1950 and projected to 2050. (a) Find a cubic function P(t) that models these data, where P is the U.S. population in...
-
The table shows U.S. gross domestic product (GDP) in billions of dollars for selected years from 2000 to 2070 (actual and projected). (a) Model these data with a cubic function g = g(t), where g is...
-
Find the derivative and simplify. 1. y = (5x + 3)(x2 - 2x) 2. s = (t4 + 1) (t3 - 1)
-
Explain possible advantages and disadvantages of PSL's current international trading strategy (subsidiary in China, export & import and online presence).
-
In November 2020 you entered into four May 2021 long futures contracts for crude oil (1,000 barrels per contract) for $65.00 per barrel. If the futures price was $70.00 per barrel on December 31,...
-
4) Champagne, Inc., had revenues of $13 million, cash operating expenses of $9 million, and depreciation and amortization of $2 million during 2008. The firm purchased $650,000 of equipment during...
Study smarter with the SolutionInn App