2. Given that we know Karen's utility function is U = C'L', her unearned income is $100 and total available time is 16 hours. a. Given that she is offered a fixed 8 hour job, will she take the job or not? 1 . When wage is $5. ii. When wage is $10. iii. When wage is $20. b. Will the results in part (a) change if there is no hours restriction? If yes, how many hours will she work