#8) [30pts] Consider an Economy with two consumption goods: Blueber ries B and RaSpberries R. Blueberries and RaSpberries have already been grown they just have to be picked; picking them which requires labor L. The production functions for the Blueberry Firm and the Raspberry Firm are: 1 in 1/2 B = g (LB) in 1/2 R = (LR) In this Economy, there is one Worker. He is endowed with 16 hours of his own Labor. He does not like Raspberries; his utility function for Blueberries and Leisure is: tin/(B, L) = 32L2 There is also one Capitalist. She has no endowment but she owns both Firms. She likes both Blueberries and RaSpberries; her utility function is: uc(B, R) = Bsz To solve for the Competitive Equilibrium you will need to nd: 0 Prices for Blueberries, RaSpberries, Labor: 193, 133,13}; 2 w 0 Consumption choice of the Worker: BW, LW 0 Consumption choice of the Capitalist: BC, RC 0 Production plan of the Blueberry Firm: Lg\