... D., (19 83) “An Analysis ofthe Principal-Agent Problem,” Econometrica 51: 7 - 45.Hutt, William H., (19 64) The Economics ofthe Colour Bar: A Study ofthe Economic Origins and Consequences of ... Instability," ]ournal of Political Economy 85: 11 41 -87.Becker, Gary S. and Murphy, Kevin M., (19 88) The Family and the State,” Journal of Law and Economics 3 1: 1 - 18 .Becker, Gary S., Murphy, ... illegally on the street. I calculated the likelihood of getting a ticket, the size ofthe penalty, and the cost of putting the car in alot. I decided it paid to take the risk and park on the street....
... constantPV)( 1 1)()(2 211 2 211 21 VPVPVPVPRCTTnCWVV 1 20lnVVnRTWQ 4/29/2008 2 Chapter XV The First Law of Thermodynamics 1. Heat, work and paths of a thermodynamic processĐ2. The first law of thermodynamicsĐ3. Kinds of thermodynamic ... dashedã Isoterms: solid black)()( 211 2TTnCTTnCUWVV Calculate the work done by the gas. From the 1 stlaw:Using PV = n RT we have)( 1 1)(2 211 2 211 VPVPVPVPRCWV P-V ... 1 and 2 :VppV 1 23 1 24 1 → 3 : keep the pressure constantat p 1 while the gas expandsto the volume V23 → 2 : reduce the pressure to p2atconstant volume V2p 1 V2p 1 p2p21...
... 0:DCCDVVnRTWQ ln 11 ã For two adiabatic steps s-2 & s-4: 1 1 1 2CBVTVT 1 1 1 2DAVTVT& 1 1 1 1DCABVVVVDCABVVVV2 1 2 1 2 1 )/ln()/ln(TTVVVVTTQQABDC 1 122||||TQTQ The ... and refrigerators 5/6/2008 26 1/ 2 11 2 1/ 2 11 2= = ( / )= = ( / )c b c bd a d aT V T V T T V VT V T V T T V V 1/ 1/ 1 1/ 1 2 1 2 22 1 1( ) ( )( / )( ) ( )c d b ab ... improves the efficiency. 5/6/2008 16 For the isothermal reversible expansion from the volume V 1 to V2: 1 22 1 12ln2 1 VVnRVdVnRTdQSSSVV2 1 2 1 12TdQdSSSSThe...
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... 0 .13 0.2 5 $60,652 $93,573 $ 91, 215 $14 0,923 $10 6,556 $16 4,7 41 $16 0,566 $248,858 10 $12 1,303 $18 7 ,14 5 $18 2,430 $2 81, 847 $ 213 ,11 3 $329,482 $3 21, 132 $497, 715 15 $18 1,955 ... s.d. of performance by the end of their schooling, depending on the bounds ofthe teacher quality estimates. These estimates ofthe importance of teacher quality permit some calculations of what ... What is theEconomic Value of Quality Teachers? 12 The Demand Side Based on Expected Student Earnings 13 The Demand Side Based on Aggregate Economic Growth 21 Costs and the Timing of Benefits...