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1. The following exercise is intended to illustrate the relevance of our consumer theory tools to a variety of problems. Consider Boxer, 3 decision-maker who must decide on their work-life balance. Boxer enjoys consumption c, which he must buy in the market at a per unit price p. Boxer also enjoys leisure time i, which he has T total hours of \"lifetime\" to enjoy. Boxer has preferences over bundles of consumption and leisure represented by the utility function ufc, l) = calla, with O