Both men and women have the following hourly labour supply: L = 0.3 w where L., is the labour supply in hours worked per day, and w is the hourly wage, including in kind payments. Tara has 8 teashops across Winnipeg, and has hired a manager for each one. She needs each manager to work 9 hours per day. Managers work 250 days per year. a) What is the equilibrium hourly wage required to induce a (male or female) manager to supply 9 hours of work per day? Answer: Assume that Tara allows her managers to sample the teas that she sells. This privilege is worth $ 12 per day to the female managers. This privilege is worth $ 4 per day to the male managers. b) How much would Tara need to pay each female manager per day in cash in equilibrium? Answer: c) How much would Tara need to pay the male manager per day in cash in equilibrium? Answer: d) Two male managers leave. Tara is interviewing replacements. How much money would Tara save per year by hiring two more female managers instead of hiring two male managers to replace the two male manages who left? Answer: Reminder. You have to submit your Funding argument. See online instructions.