A representative household has utility function U (C) = In(C) . It supplies services at the hourly wage w, and owns all the shares of the representative firm, as such it receives all firm's profits . Calculate equilibrium wage w*, and labor H*, when the production function of the representative firm is constant returns to scale (CRS): Y = zH w* = z, and H* = 1 w* = *+1 , and H* = 0 w* = , and H* = 1 None of the above. D Question 2 20 pts Refer to Question 1. Calculate equilibrium wage w*, and labor H* when the production function of the representative firm is decreasing returns to scale (DRS): Y = zHo, with 0