2 pts The figure below depicts the daily interaction between Bruno, a landowner, and Angela, a farm labourer under both coercion and voluntary exchange. Under coercion, Angela is forced to work by Bruno and he decides how much grain she gets. Under voluntary exchange, Angela chooses to work and gets to keep the grain she produces minus a rent (in bushels of grain), set by Bruno, for the use of his land. The slope of the feasible frontier at point C is equal to the slope of Angela's reservation indifference curve at point D and Angela has quasi-linear preferences. Angela's reservation indifference curve passes though her reservation option. Based on this figure, which of the following statements are correct? Angela's biological survival constraint Angela's reservation indifference curve 12 9 C Bushels of grain 4.5 D D What Angela gets Feasible frontier: Angela and Bruno combined 0 13 16 24 Angela's hours of free time Select two correct answers. Bruno's maximum possible profit will be lower under voluntary exchange than under coercion. If Angela needed more grain per day to survive, for any given amount of work, her biological survival constraint would shift downwards. An improvement to Angela's production technology would expand the feasible frontier. Bruno's best option under voluntary exchange is to charge Angela 4 bushels of grain per day for using his land