"EXERCISE 5.7 WHY ANGELA WORKS FOR 8 HOURS Angela's income is the amount she produces minus the land rent she pays to Bruno. Using Figure 5.7a, suppose Angela works 11 hours. Would her income (after paying land rent) be greater or less than when she works 8 hours? Suppose instead, she works 6 hours, how would her income compare with when she works 8 hours? Explain why she will choose to work 8 hours."

Angela's biological . . Angela's reservation SHWIVBI. constraint I indifference curve Bushels of grain What Angela gets Feasible irontier: Angela and Bruno combined 0 13 16 24 Angela's hours of free time