問題詳情

【題組】

(d) (5 points) Now we go back to the benchmark economy with homogenous households; that is,now the parameter 7 is the same among households, and there is no government, tax, or transfer.However, we consider that firms are heterogeneous. That is, there are two types of firms. Type1 firms' production function is


 and A1 ＞ A2. Solve for the equilibrium wage rate and type 1 firms' and type 2 firrns' laborhiring in units of working hours.

參考答案