In this case, the consideration is

equal to $600,000 (cash of $200,000 plus first mortgage of $400,000).

The reader may note that if e equals [], which it would if the firm's labor supply schedule is horizontal, the optimal wage is

equal to MRP at the point of maximum profit, the result we associate with the behavior of a wage-taker.

2] (taking into account an actual spatial resolution of the method) are

equal to ([z.

i] [greater than or

equal to] 0, 1 [less than or

equal to] i [less than or

equal to] k or l [less than or

equal to] i [less than or

equal to m,

Therefore, in concert with Assumption I, it is generally assumed that the common expected value is

equal to Y, i.

The a's and b's may be complex (with the b's not

equal to zero), but the integral is assumed to be well defined, possibly as a Cauchy principal value.