Part D only please

a) reservation wage =5

b) H=3.2 , L=12.8, G=80, U=156.75

c) H=4, L=12, G=64, U=144

1. Consider the daily labor supply of an individual who has U=(G5 + 2L5)2 L=Leisure, H=Hours of Work V=80, Pg = 5, H+L=16, w=25 [V=daily non-wage income] a) What is the reservation wage of this individual? b) How many goods will this individual consume, how much leisure will this individual consume, how much labor will this individual supply, and what is the utility of the individual? c) Now consider that there is a 20 percent tax on any income (per day) above $200. How many goods will this individual consume, how much leisure will this individual consume, how much labor will this individual supply, and what is the utility of the individual? d) Now consider that (without the tax) this individual receives an overtime premium of 25 percent for any work above 4 hours in a day. How many goods will this individual consume, how much leisure will this individual consume, how much labor will this individual supply, and what is the utility of the individual