According to Grossman model:

Suppose there are two workers. Worker A has a higher level of education than worker B. Consequently, worker A earns an hourly wage that is twice that of worker B. Answer the following questions based on this information.

a) If both workers work for 40 hours per week, which worker will have a greater optimal level of health? Explain.

b) If both workers were to work enough to earn exactly $50,000 in annual income, who would have a greater optimal health? Why?

c) Consider what the time constraints for producing health would look like for worker A versus worker B. How and why would they be different? How might they be split differently with respect to their tradeoffs between time spent working and time spent producing health, and enjoying leisure activities?