tag:blogger.com,1999:blog-4599438145166215998.post2773154890927839540..comments2017-08-09T01:56:06.178-05:00Comments on The Economics of Organizations - Fall 2014: Excel Homework Due Dec 3 at 11 PMProfessor Arvanhttp://www.blogger.com/profile/15256000730474030475noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4599438145166215998.post-23398840890432442552014-11-25T19:41:07.760-06:002014-11-25T19:41:07.760-06:00Once you've solved for q, that is it because q...Once you've solved for q, that is it because q is the monitoring intensity. I don't see any arrow next to the q in the marginal benefit function. It should read <br /><br />MB(q) = (r+b)e/q^2.<br /><br />In other words, the numerator is (r+b)e and the denominator is q squared. Professor Arvanhttps://www.blogger.com/profile/15256000730474030475noreply@blogger.comtag:blogger.com,1999:blog-4599438145166215998.post-22522082046803790732014-11-25T17:51:06.425-06:002014-11-25T17:51:06.425-06:00Hello. I already watched the video but I'm sti...Hello. I already watched the video but I'm still having trouble figuring out the first problem. I assume that you must equate the MB(q) and MC(q) functions, solve for q and then plug the result to either equation to get the value of the optimal monitoring intensity. Im also assuming that the little arrow next to the q in the MB(q) function represents an exponent? If I'm not approaching this problem correctly can I get a hint on how to start? Thank you. Ben Bernanke Econ 490 fall 2014https://www.blogger.com/profile/01414255990885900176noreply@blogger.com