in hurry thx!

[2] Consider the Basu and Van (American Economic Review, 1998) which explains the existence of child labour {a} A household consists of one adult and two children. Each child consumes the same as an adult. Using a Stone-Gear},r type utility function {as used by Basu and Van (1998)), find the conditions under which the household will send (I) both children to work, and (Ii) just one child to work [15 marks] {is} Suppose for each child employed. firms have to pay' a fine fwith probabilityr p. Derive the equilibrium conditions for a profit maximising firm. and explain how the equilibrium is different from the case where there are no fines. [15 marks] (0) Do you think a ban on child labour will be useful if the government can only implement it partially? [20 marks]