12-3. Suppose the marginal revenue from search is MR = 50 - 1.5w, where w is the wage offer at hand. The marginal cost of search is MC=5+w. a) Why is the marginal revenue from search a negative function of the wage offer at hand? b) Can you give an economic interpretation of the intercept in the marginal cost equation; in other words, what does it mean to say that the intercept equals $5? Similarly, what does it mean to say that the slope in the marginal cost equation equals one dollar? c) What is the worker' s asking wage? Will a worker accept a job offer of $15? d) Suppose UI benefits are reduced, causing the marginal cost of search to increase to MC: 20 + w. What is the new asking wage? Will the worker accept a job offer of $15