Question: Red is wrong! It's either 350 or 800 If alpha=3/4 and H=1000 and L=200 what is the minimum rent the landlord charges such that the

Red is wrong! It's either 350 or 800

If alpha=3/4 and H=1000 and L=200 what is the minimum rent the landlord charges such that the absolute difference between the rent and the share cropping contract for the tenant (in the good state) is twice as large as the difference between the sharecropping and the rent contract (in the bad state). 350 O 233.33 O 800

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