Assume a one-period economy Characterize graphically the consumption-leisure choice of a consumer with utility function U(c,l) (with positive and decreasing marginal utilities), budget constraint c = w(h 1) + T and time endowment constraint h. State the optimality condition of the consumer in an interior solution. Include both cases TT and T < T and show where h is. = Characterize graphically the profit maximization problem of a firm with production function Y where K is fixed, F(K,N) F(K,N)