. Marge Simpson decides to pay Homer to help out around the house. She wants him to do 8 hours of work regardless of the wage, so labor demand is given by ED (10) = 8. Homer accepts the offer to work for Marge (but can work less than 8h if he wishes), and has no other income. His utility depends on two things: the # bottles of beer he has, B, and the # hours leisure he has, call this L. He sleeps 8 hours per night, which contributes nothing to utility, and so he has only 16 hours per day to allocate between labor and leisure. (a) If Homer chooses to have L hours of leisure per 16-hour day, the wage is w, and each beer costs $1, how many bottles of beer can he buy? (1)) Beer and leisure are perfect complements for Homer: he does not value his free time if he has nothing to drink, and he does not value beer if he has no time to drink it. Thus, u(B, L) = min{B, L}. Find Homer's optimal number of leisure hours, L. (c) Find Homer's labor supply curve. ([1) Find the equilibrium wage for Homer's labor. (e) What would happen to the equilibrium wage if beer became cheaper