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The mark has a utility function over consumption (c) and leisure (L). U= C(L-8). His budget constrains is given by C= 200(50-L)+1600, T=50 weeks. What

The mark has a utility function over consumption (c) and leisure (L). U= C(L-8). His budget constrains is given by C= 200(50-L)+1600, T=50 weeks. What is the reservation wage for mike?

$100.00

$50.9

$186 55

$38.09

kindly explain ASAP

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