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You are developing a sampling protocol whereby you're going to insert a probe into a turbulent flow in a circular conduit of radius R.
a. Using a description of a velocity profile typical of turbulent flow in a circular conduit, solve for that position r/R where the actual flow profile velocity has the same magnitude as that of an average velocity that would produce the same discharge.
b. Sketch the scenario - the average velocity profile, the actual velocity profile, and the point where v(r)=Vaverage.
Consider two consumers, A and B. A and B both want perfect consumption smoothing (c = cf) and both have no current wealth. However, the two consumers have different income streams.
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