Order from us for quality, customized work in due time of your choice.
answer length one (1) page for each questions
1) Assume there are three income
answer length one (1) page for each questions
1) Assume there are three income groups in a city: poor, middle-income, and the rich. In the absence
of amenities (i.e., utility is a function of only the house size and bread consumption), explain where
each group locates and why. Now assume amenities are included in the utility function. What
determines where each group will locate now?
2) Compare and contrast the four housing subsidy programs we discussed in class. How does each
work, how do they affect low-income household utility, and how well do they mitigate slums?
Order from us for quality, customized work in due time of your choice.