Remember Bonnie and Clyde from Your Workbook? Suppose That Their

question 17

Multiple Choice

Remember Bonnie and Clyde from your workbook? Suppose that their total profits are 112H, where H is the number of hours they work per year. Their utility functions are, respectively, U_B(C_B, H) = C_B - 0.02H² and U_C(C_C, H) = C_C - 0.02H², where C_B and C_C are their private goods consumptions and H is the number of hours they work per year. If they find a Pareto optimal choice of hours of work and income distribution, the number of hours they work per year must be

• A) 1,400.
• B)750
• C)650 1,500.
• D) 650.

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Definitions:

Muscle Fiber

An individual muscle cell, known for its elongated form, which contracts to generate movement or maintain posture.

Conducting Neuron

Neurons that transmit electrical impulses throughout the nervous system, facilitating communication between different parts of the body.

Sarcoplasm

Cytoplasm of a muscle fiber, excluding the myofilaments.

Cytoplasm

The jelly-like substance inside a cell that contains organelles, providing a medium for metabolic activities.