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Because Income depends on work effort and work effort depends on nutrition, suppose the relationship between income (Y) and total food availability (F) in a
Because Income depends on work effort and work effort depends on nutrition, suppose the relationship between income (Y) and total food availability (F) in a poor household is given by:
Y = 10F + 20F2- 0.6F3
1 - If food availability in a two-person household is 20, would it be "rational" to share the food? Explain.
2 - If food availability in a two-person household is 30, would it be "rational" to share the food? Explain.
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