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Bonner has utility for recreation (R) and consumption [0) represented by the function [MR1 C) = 3333(100RF C). Bonner has 50 hours available per week

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Bonner has utility for recreation (R) and consumption [0) represented by the function [MR1 C) = \"3333(100RF C). Bonner has 50 hours available per week for recreation and consumption. Assume he receives $4000 per week in non-wage income, R is in hours, C is in dollars, and the price of consumption is unity. What is his reservation wage? Select one: Q a. $0 0 b. $5 0 C. $10 0 d. $15 0 e. None of the above

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