Pls help me with the following essay question (a) Describe the qtheory model of

Question

pls help me with the following essay question:

(a) Describe the q-theory model of

investment with adjustment costs. Illustrate with the use of a phase diagram the dynamic properties of the model.

(b) Show with a phase diagram the effects of a permanent increase in output.

Please help me with the question. Imagine under The q­theory model of investment
The model’s key presumption is that organizations confront expenses of modifying their capital
stocks. Accordingly, the model stays away from the absurd…

Economics