Jack has 16 hour available to work in the day, his wage rate is $25 per hour, and he has nonlabour income $100 per day. He commutes to office every work day by bus which cost $50 for the round trip and spends 2 hours on commuting the round trip. Part(a): Usingawork-leisurediagram,depicttheindividual'slaboursupplychoice,includ- ing their reservation wage. Part(b): Analyzetheimpactofanincreaseincommutingcostsfrom$50to$70perround trip on his participation and hours decision. What is commuting time increase from 2 hours to 4 hours keeping the commuting cost same as before