(Marriage with equal productivity and wage rates.) Assume wage rate is 1, w = 1, price of market goods is 1$, and each hour, a person could produce 1 unit of household goods h = 1. Men (M) and Women (F) have the exact w and h. There are 12 hours per day (T = 12). 1. (Single life) What's Production Possibilities Curve (PPC) like for M and F. a. Are PPCs for M and F identical? b. How will you interpret the slope? 2. (Married life) What's the Joint PPC like (M and F pool resources together)? 3. If M and F specialize according to gender, and pool their resources together, where will the land on joint PPC? 4. If M and F share the resulting goods between themselves equally, how much will each person in the household obtain (market goods and household goods)? 5. Materially speaking, are they better off after marriage (compare to single life)