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Question 2 [6 points} [6 marks] For the foiiowing question. You get 2 marks for choosing the correct answer. You get up to 4 marks
Question 2 [6 points} [6 marks] For the foiiowing question. You get 2 marks for choosing the correct answer. You get up to 4 marks for the detailed soiution. Robinson Crusoe's preferences over coconut consumntion1 C, and leisure, R, are represented by the utility function WEAR] = CH. There are 96 hours available for Robinson to allocate between labor and leisure. If he works i. hours, he will produce the square root of i. of coconuts. He will choose to work {a} 16 hours. {b} 24 hours. {c} 32 hours. {d} 40 hours. {e} 48 hours
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