Question: 10.13 In the setup described in Problem 10.12, suppose that w is distributed uni- formly on [ a,+ a], and that C < u (a)

10.13 In the setup described in Problem 10.12, suppose that w is distributed uni- formly on [ a,+ a], and that C < u

(a) Find V in terms of p,

a, and C.

(b) How does an increase in a affect V? Explain intuitively.

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