Please answer all letters in association with question 5

5. [20 points] Consider a region with a population of 16 million, where everyone lives in a single city, Atlantic (PA=16). The urban utility curve for Atlantic reaches its maximum with 7 million population and includes the following combinations: Emu Suppose the regional government decides to establish a new city, Pacic based on the structure of Atlantic, i.e. Atlantic and Pacic has the same urban utility curve. Assume the regional government initiated an involuntary (forced) migration of 2 million from Atlantic to Pacic (PA=14, Pp=2). a. b. c. What would the utilities and population in each city be right after the forced migration? Sketch and depict on a utility curve. Who are the winners and losers of such a move from Atlantic to Pacic? Is this allocation (PA=14, Pp=2) an equilibrium? Explain why or why not. If an equilibrium, determine whether stable or unstable. preople are free to move between the cities (after the initial migration) and moving is not costly, what would one expect to happen? What if the moving costs were equal to 10 units of utility loss? Would this be an equilibrium? If so, what type? What is the minimum number of people the regional government should forcefully move such that we can observe / reach nonzero population levels in both cities in equilibrium? [Give a range, you can 't calculate without knowing exact sIope] What are the stable equilibria (nd all) of population distributions (only in integers, since I have not given you the slopes) between two cities in this region