It might have been a bit confusing to see $N$ on both sides of the second equation in this post. That's because I used an equilibrium relationship to solve for the $T S$ term. If you use an equilibrium relationship for all three terms you actually come out with all the terms being proportional to $N$. Let's see how that works ...
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Equilibrium in the economic potential picture
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It might have been a bit confusing to see $N$ on both sides of the second equation in this post. That's because I used an equilibrium relationship to solve for the $T S$ term. If you use an equilibrium relationship for all three terms you actually come out with all the terms being proportional to $N$. Let's see how that works ...