(Answered) Please read the article in the website

Management Studies

Please read the article in the website below.

http://www.robert-h-frank.com/EV.08.07.11.pdf

The supply - demand model of marriage can help us analyze what has been happening in the Chinese marriage market.

a. Draw a S-D model of the Chinese marriage market before the one-child policy. Label the equilibrium level of S_F as S^*_F.What does this equilibrium represent?

b. Show the effects of the one-child policy, coupled with a preference for sons and technologies that permit selective abortion, as a shift in the S curve. How is S_F affected?

c. The article describes how Chinese women have become more selective in the marriage market. Explain this using your diagram.

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