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Teaching Since: Apr 2017
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  • MBA,PHD in Psychology
    Northwest Florida State College
    Jun-1992 - May-1997

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  • Professor
    Northwest Florida State College,
    Aug-2006 - Nov-2015

Category > Economics Posted 05 May 2017 My Price 9.00

In a study at a large state university,

1.11 In a study at a large state university, students were randomly assigned roommates. Researchers found that, on average, males assigned to roommates who reported drinking alcohol in the year before entering college had GPAs one-quarter point lower than those assigned to nondrinking roommates. For males who drank frequently before college, being assigned to a roommate who also drank frequently before college reduced their GPAs by two-thirds of a point. Draw a graph showing the price of alcohol and the quantity of alcohol consumption on college campuses. Include in the graph the demand for drinking and the private and social costs of drinking. Label any deadweight loss that arises in this market. Source: Michael Kremer and Dan M. Levy, “Peer Effects and Alcohol Use among College Students,” Journal of Economic Perspectives, Vol. 22, No. 3, Summer 2008, pp. 189–206.

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Status NEW Posted 05 May 2017 01:05 PM My Price 9.00

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